Annual growth of the general government final consumption expenditure in State of Palestine
State of Palestine: Annual growth of the general government final consumption expenditure was -25.0% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in State of Palestine, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of the general government final consumption expenditure in State of Palestine stood at -25.0%. That is the lowest value across all 25 years on record.
That represents a change of down 352.8% on the previous year and down 604.2% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in State of Palestine peaked at 36.2% in 2004 and was at its lowest, -25.0%, in 2024.
State of Palestine ranks 179th of 181 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 the general government final consumption expenditure in State of Palestine, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 6.9% | — |
| 2001 | 1.0% | -85.0% |
| 2002 | -15.3% | -1583.8% |
| 2003 | -0.3% | -98.1% |
| 2004 | 36.2% | -12830.5% |
| 2005 | 11.8% | -67.3% |
| 2006 | 6.8% | -42.3% |
| 2007 | 1.7% | -74.4% |
| 2008 | 2.6% | +48.8% |
| 2009 | 9.9% | +281.8% |
| 2010 | 5.5% | -45.1% |
| 2011 | 8.4% | +53.4% |
| 2012 | 2.5% | -70.0% |
| 2013 | -1.7% | -166.3% |
| 2014 | 5.0% | -398.2% |
| 2015 | 6.4% | +28.3% |
| 2016 | 2.6% | -59.5% |
| 2017 | -13.7% | -630.8% |
| 2018 | 7.3% | -153.2% |
| 2019 | -3.5% | -148.2% |
| 2020 | 0.3% | -110.0% |
| 2021 | 10.3% | +2848.6% |
| 2022 | -9.3% | -190.1% |
| 2023 | -5.5% | -40.5% |
| 2024 | -25.0% | +352.8% |
Biggest year-on-year movements
Years where Annual growth of the general government final consumption expenditure in State of Palestine changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +12830.5% | -0.3% | 36.2% |
| 2021 | +2848.6% | 0.3% | 10.3% |
| 2002 | -1583.8% | 1.0% | -15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.1% | -15.3% | 36.2% | 10 |
| 2010s | 1.9% | -13.7% | 8.4% | 10 |
| 2020s | -5.8% | -25.0% | 10.3% | 5 |
Countries ranked near State of Palestine
- 176 Armenia -9.5% compare
- 177 San Marino -16.9% compare
- 178 Lebanon -18.4% compare
- 180 Syrian Arab Republic -49.4% compare
- 180 Syrian Arab Republic -49.4% compare
More economy & growth data for State of Palestine
- Foreign direct investment (FDI) inflows 162 (2024)
- Annual growth rate of real GDP per employed person -5.0% (2022)
- Manufacturing value added (constant 2020 United States dollars) as a 14.9% (2025)
- Manufacturing value added (current United States dollars) as a 11.3% (2024)
- Annual growth rate of real GDP per capita -24.1% (2024)
- Annual GDP growth -26.6% (2024)
- Foreign direct investment, net inflows, as a proportion of GDP 1.2% (2024)
- Annual growth of exports of goods and services -11.1% (2024)
- Annual growth of imports of goods and services -31.1% (2024)
- Domestic material consumption per unit of GDP, by type of raw material 1.59 (2022)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in State of Palestine?
- Annual growth of the general government final consumption expenditure in State of Palestine was -25.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in State of Palestine?
- The highest recorded value was 36.2% in 2004.
- What is the lowest annual growth of the general government final consumption expenditure recorded in State of Palestine?
- The lowest recorded value was -25.0% in 2024.
- How does State of Palestine rank for annual growth of the general government final consumption expenditure?
- State of Palestine ranks 179th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in State of Palestine?
- Over the last ten years it is down 604.2%. The long-run trend across the full record is volatile.
- Where does this State of Palestine data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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