Traders give Greece about a 5.7% chance. Belgium follows at 5.5%, New Zealand follows at 5.5%, and Italy follows at 5.3%. Compare prices from Kalshi and Polymarket. The largest cross-platform price difference is 3.1 percentage points.
Market RulebooksOfficial settlement criteria and edge cases
Market Rulebook: Which countries will recognize Palestine before 2027?
Official settlement criteria, resolution sources, and edge cases across Kalshi and Polymarket.
Kalshi
Primary Rule
If Italy recognizes Palestine before Jan 1, 2027, then the market resolves to Yes.
Edge Cases
Official diplomatic recognition may include, but is not limited to:
- A formal announcement by the recognizing country that it recognizes the recognized country as a sovereign state
- Establishment of diplomatic relations at the ambassadorial level
- Opening of an embassy or diplomatic mission (not just consulates)
- Signing of a joint communiqué establishing diplomatic relations
- An official state visit by the head of state/government acknowledging sovereignty
- A formal letter of recognition from the head of state/government or foreign minister
The following do **NOT** constitute recognition:
- Trade relations or commercial agreements alone
- Consular relations without diplomatic relations
- Participation in the same international conference
- Humanitarian assistance or aid
- Cultural or educational exchanges
- Recognition by subnational entities (states, provinces, cities)
- Statements of "support" without formal recognition
- De facto cooperation without formal recognition
- Recognition conditional on future events that have not occurred
- Parliamentary resolutions without executive action
**For clarity:** recognition must be of the recognized country as a sovereign state, not merely acknowledgment of a government in charge. Withdrawal of recognition from a competing entity is not required. Votes in UN bodies do not constitute recognition unless accompanied by bilateral recognition.
This market will resolve based on the countries that officially recognize Palestine as a state by December 31, 2026, 11:59pm ET.
An announcement of intentions will not suffice to resolve this market to "Yes." Only a government's formal recognition of the State of Palestine will count toward a “Yes” resolution for this market.
The primary resolution source for this market will be official government information. However, a consensus of credible reporting will also be used.
Resolution Oracles
UMA Optimistic OracleConsensus of Sources
Frequently Asked Questions
What factors influence countries' decisions to recognize Palestine?
Countries may consider diplomatic relations, public opinion, and international law when deciding to recognize Palestine. Economic ties and regional stability also play crucial roles in these decisions.
How does recognition of Palestine impact international relations?
Recognition can alter diplomatic dynamics, potentially leading to stronger ties with Arab nations and tensions with countries opposing Palestinian statehood. It may also affect negotiations in the Israeli-Palestinian conflict.
What is the current status of Palestine's recognition globally?
As of now, over 130 UN member states recognize Palestine as a sovereign state. However, key players like the United States and several European nations have yet to grant formal recognition.
What does the Which countries will recognize Palestine before 2027 prediction market track?
The outcomes listed above show how traders are pricing this question. Compare outcome prices from Kalshi, Polymarket in one place. Each price reflects the market’s implied probability, not a guaranteed result.
What are the latest Which countries will recognize Palestine before 2027 odds?
The latest available prices are Greece: 4.2¢ on Kalshi, 7.3¢ on Polymarket; Belgium: 5.5¢ on Polymarket; New Zealand: 4.9¢ on Kalshi, 6.0¢ on Polymarket; Italy: 6.0¢ on Kalshi, 4.5¢ on Polymarket. Prices are quoted in cents per $1 share. Check the venue for executable prices and available liquidity.