Annual growth of imports of goods and services in Palestine
Palestine: Annual growth of imports of goods and services was -31.1% in 2024. ◆ Volatile
Latest (2024)
-31.1%
Change on year
down 731.8%
World rank
175th
of 176 countries
All-time high
19.7%
in 2022
All-time low
-31.1%
in 2024
Years of data
25
2000–2024
Annual growth of imports of goods and services in Palestine, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of imports of goods and services in Palestine stood at -31.1%. That is the lowest value across all 25 years on record.
The figure is down 731.8% on the previous year and down 872.0% over ten years.
Over the whole period, annual growth of imports of goods and services in Palestine peaked at 19.7% in 2022 and was at its lowest, -31.1%, in 2024.
Palestine ranks 175th of 176 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Palestine, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -9.6% | — |
| 2001 | -11.5% | +20.0% |
| 2002 | -13.1% | +13.3% |
| 2003 | 14.7% | -212.5% |
| 2004 | 13.2% | -10.1% |
| 2005 | 12.3% | -7.1% |
| 2006 | -4.9% | -139.8% |
| 2007 | 0.7% | -113.7% |
| 2008 | 7.0% | +949.3% |
| 2009 | 9.8% | +39.3% |
| 2010 | -7.0% | -171.0% |
| 2011 | 6.5% | -193.2% |
| 2012 | 14.4% | +122.5% |
| 2013 | -5.6% | -139.0% |
| 2014 | 4.0% | -171.7% |
| 2015 | 10.3% | +156.3% |
| 2016 | 2.0% | -80.9% |
| 2017 | 1.4% | -31.5% |
| 2018 | 4.5% | +233.3% |
| 2019 | 1.4% | -68.0% |
| 2020 | -14.2% | -1084.0% |
| 2021 | 14.8% | -204.8% |
| 2022 | 19.7% | +32.9% |
| 2023 | -3.7% | -119.0% |
| 2024 | -31.1% | +731.8% |
Palestine compared with similar countries
- Palestine's -31.1% is below the median for lower middle income countries, which is 3.6%. (44 countries reporting)
- Palestine's -31.1% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.0%. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | -13.1% | 14.7% | 10 |
| 2010s | 3.2% | -7.0% | 14.4% | 10 |
| 2020s | -2.9% | -31.1% | 19.7% | 5 |
Countries ranked near Palestine
More economy & growth data for Palestine
- Foreign direct investment, net outflows (BoP, current US$), gaps 14.66 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 329.83 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 103.37 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0192 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 60.93 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 37.44 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1063 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 337.15 includes gold, current US$ per person (2025)
Frequently asked questions
- What is annual growth of imports of goods and services in Palestine?
- Annual growth of imports of goods and services in Palestine was -31.1% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Palestine?
- The highest recorded value was 19.7% in 2022.
- What is the lowest annual growth of imports of goods and services recorded in Palestine?
- The lowest recorded value was -31.1% in 2024.
- How does Palestine rank for annual growth of imports of goods and services?
- Palestine ranks 175th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Palestine?
- Over the last ten years it is down 872.0%. The long-run trend across the full record is volatile.
- Where does this Palestine data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual growth of imports of goods and services (%).