Palestine vs Rwanda: Gross Domestic Product — Value US$

Palestine
13,364 million USD
in 2024
Rwanda
14,019 million USD
in 2024
Palestine rank
163rd
Rwanda rank
161st

Gross Domestic Product — Value US$ over time

  • Palestine
  • Rwanda
05.0k10.0k15.0k20.0k197019972024

How they compare

Rwanda currently reports 14,019 million USD against 13,364 million USD in Palestine, a difference of 655 million USD.

The two have swapped places 6 times across 55 shared years of data; in 1970 it was Rwanda ahead.

Palestine ranks 163rd and Rwanda ranks 161st of 236 countries.

Across the 6 decades both report, Palestine averaged higher in 4 and Rwanda in 2.

Head to head by decade

Decade Palestine Rwanda Difference Ahead
1970s 515.53 million USD 589.36 million USD 73.84 million USD Rwanda
1980s 1,335 million USD 1,864 million USD 529.26 million USD Rwanda
1990s 3,100 million USD 1,807 million USD 1,293 million USD Palestine
2000s 5,213 million USD 3,168 million USD 2,045 million USD Palestine
2010s 13,950 million USD 8,317 million USD 5,632 million USD Palestine
2020s 16,713 million USD 12,535 million USD 4,178 million USD Palestine

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product — value us$, Palestine or Rwanda?
Rwanda, at 14,019 million USD against 13,364 million USD in Palestine as of 2024.
What is the difference in gross domestic product — value us$ between Palestine and Rwanda?
655 million USD, with Rwanda ahead.
How many years of comparable data are there for Palestine and Rwanda?
55 years are reported by both, from 1970 to 2024.
How do Palestine and Rwanda rank globally for gross domestic product — value us$?
Palestine ranks 163rd and Rwanda ranks 161st of 236 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Domestic Product — Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Palestine vs Rwanda: Gross Domestic Product — Value US$. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 19 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-value-us/palestine-2/rwanda/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
266 places, 13,572 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).