Annual growth rate of real GDP per capita (%) in State of Palestine
State of Palestine: Annual growth rate of real GDP per capita (%) was -24.1% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in State of Palestine, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth rate of real gdp per capita in State of Palestine is -24.1%, measured in 2024. That is the lowest value across all 25 years on record.
The figure is down 731.0% on the previous year and down 904.2% over ten years.
Over the whole period, annual growth rate of real gdp per capita in State of Palestine peaked at 19.2% in 2004 and was at its lowest, -24.1%, in 2024.
That places State of Palestine 227th out of 228 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in State of Palestine, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -11.3% | — |
| 2001 | -11.8% | +4.4% |
| 2002 | -14.6% | +23.7% |
| 2003 | 11.5% | -178.8% |
| 2004 | 19.2% | +67.0% |
| 2005 | 8.7% | -54.7% |
| 2006 | -3.4% | -139.1% |
| 2007 | 1.2% | -135.3% |
| 2008 | 4.8% | +300.0% |
| 2009 | 6.0% | +25.0% |
| 2010 | 3.3% | -45.0% |
| 2011 | 7.0% | +112.1% |
| 2012 | 3.6% | -48.6% |
| 2013 | 2.3% | -36.1% |
| 2014 | -2.4% | -204.3% |
| 2015 | 1.3% | -154.2% |
| 2016 | 6.3% | +384.6% |
| 2017 | -0.9% | -114.3% |
| 2018 | -1.0% | +11.1% |
| 2019 | -0.8% | -20.0% |
| 2020 | -13.3% | +1562.5% |
| 2021 | 4.6% | -134.6% |
| 2022 | 1.7% | -63.0% |
| 2023 | -2.9% | -270.6% |
| 2024 | -24.1% | +731.0% |
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) 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 |
|---|---|---|---|
| 2020 | -1562.5% | -0.8% | -13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.0% | -14.6% | 19.2% | 10 |
| 2010s | 1.9% | -2.4% | 7.0% | 10 |
| 2020s | -6.8% | -24.1% | 4.6% | 5 |
Countries ranked near State of Palestine
- 225 New Caledonia -14.3% compare
- 226 Sudan -24.0% compare
- 228 South Sudan -29.0% compare
More economy & growth data for State of Palestine
- Foreign direct investment (FDI) inflows 162 million current US$ (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 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)
- Annual growth of the gross capital formation -30.0% (2024)
- Current account balance as a proportion of GDP -21.1% (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in State of Palestine?
- Annual growth rate of real gdp per capita in State of Palestine was -24.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in State of Palestine?
- The highest recorded value was 19.2% in 2004.
- What is the lowest annual growth rate of real gdp per capita recorded in State of Palestine?
- The lowest recorded value was -24.1% in 2024.
- How does State of Palestine rank for annual growth rate of real gdp per capita?
- State of Palestine ranks 227th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in State of Palestine?
- Over the last ten years it is down 904.2%. 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 rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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