Current account balance in Palestine, State of
Palestine, State of: Current account balance was -2.72 billion BoP, current US$ in 2025. ▼ Falling
Current account balance in Palestine, State of, 1995–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Palestine, State of recorded -2.72 billion BoP, current US$ for current account balance in 2025.
Compared with earlier readings it is up 6.3% on the previous year and down 40.1% over ten years.
Over the whole period, current account balance in Palestine, State of peaked at 380.60 million BoP, current US$ in 2008 and was at its lowest, -2.90 billion BoP, current US$, in 2024.
Palestine, State of ranks 159th of 199 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Current account balance in Palestine, State of, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1995 | -983.70 million BoP, current US$ | — |
| 1996 | -1.42 billion BoP, current US$ | +44.8% |
| 1997 | -1.55 billion BoP, current US$ | +8.6% |
| 1998 | -1.04 billion BoP, current US$ | -32.9% |
| 1999 | -1.19 billion BoP, current US$ | +14.8% |
| 2000 | -856.61 million BoP, current US$ | -28.1% |
| 2001 | -827.87 million BoP, current US$ | -3.4% |
| 2002 | -485.55 million BoP, current US$ | -41.3% |
| 2003 | -1.07 billion BoP, current US$ | +120.5% |
| 2004 | -1.59 billion BoP, current US$ | +48.3% |
| 2005 | -1.37 billion BoP, current US$ | -14.0% |
| 2006 | -1.23 billion BoP, current US$ | -9.7% |
| 2007 | -418.53 million BoP, current US$ | -66.1% |
| 2008 | 380.60 million BoP, current US$ | -190.9% |
| 2009 | -1.14 billion BoP, current US$ | -400.4% |
| 2010 | -1.31 billion BoP, current US$ | +14.3% |
| 2011 | -2.07 billion BoP, current US$ | +58.3% |
| 2012 | -1.82 billion BoP, current US$ | -12.0% |
| 2013 | -2.00 billion BoP, current US$ | +9.6% |
| 2014 | -1.90 billion BoP, current US$ | -4.8% |
| 2015 | -1.94 billion BoP, current US$ | +2.0% |
| 2016 | -2.14 billion BoP, current US$ | +10.5% |
| 2017 | -2.13 billion BoP, current US$ | -0.6% |
| 2018 | -2.14 billion BoP, current US$ | +0.5% |
| 2019 | -1.78 billion BoP, current US$ | -16.9% |
| 2020 | -1.90 billion BoP, current US$ | +6.9% |
| 2021 | -1.78 billion BoP, current US$ | -6.6% |
| 2022 | -2.04 billion BoP, current US$ | +14.5% |
| 2023 | -2.90 billion BoP, current US$ | +42.2% |
| 2024 | -2.90 billion BoP, current US$ | +0.1% |
| 2025 | -2.72 billion BoP, current US$ | -6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.24 billion BoP, current US$ | -1.55 billion BoP, current US$ | -983.70 million BoP, current US$ | 5 |
| 2000s | -860.87 million BoP, current US$ | -1.59 billion BoP, current US$ | 380.60 million BoP, current US$ | 10 |
| 2010s | -1.92 billion BoP, current US$ | -2.14 billion BoP, current US$ | -1.31 billion BoP, current US$ | 10 |
| 2020s | -2.37 billion BoP, current US$ | -2.90 billion BoP, current US$ | -1.78 billion BoP, current US$ | 6 |
Countries ranked near Palestine, State of
- 156 Mongolia -2.49 billion BoP, current US$ compare
- 157 Mozambique -2.49 billion BoP, current US$ compare
- 158 Cyprus -2.59 billion BoP, current US$ compare
- 160 Algeria -2.75 billion BoP, current US$ compare
- 161 Jordan -3.13 billion BoP, current US$ compare
- 162 Afghanistan -3.14 billion BoP, current US$ compare
More economy & growth data for Palestine, State of
- Services, value added (constant LCU), per capita 1,292 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 2.72 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth -12.3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8198 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 2,483 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth -12.3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8198 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 2,483 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.97 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5919 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance in Palestine, State of?
- Current account balance in Palestine, State of was -2.72 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Palestine, State of?
- The highest recorded value was 380.60 million BoP, current US$ in 2008.
- What is the lowest current account balance recorded in Palestine, State of?
- The lowest recorded value was -2.90 billion BoP, current US$ in 2024.
- How does Palestine, State of rank for current account balance?
- Palestine, State of ranks 159th out of 199 countries with data for 2025.
- Is current account balance rising or falling in Palestine, State of?
- Over the last ten years it is down 40.1%. The long-run trend across the full record is falling.
- Where does this Palestine, State of data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.