Expense in Palestine, State of
Palestine, State of: Expense was 26.2% in 2021. ▼ Falling
Expense in Palestine, State of, 2005–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2021, expense in Palestine, State of stood at 26.2%.
The figure is down 10.5% on the previous year and down 7.2% over ten years.
Over the whole period, expense in Palestine, State of peaked at 43.0% in 2006 and was at its lowest, 24.5%, in 2019.
Palestine, State of ranks 78th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Expense in Palestine, State of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 36.6% | — |
| 2006 | 43.0% | +17.5% |
| 2007 | 38.5% | -10.4% |
| 2008 | 41.5% | +7.9% |
| 2009 | 37.2% | -10.4% |
| 2010 | 31.7% | -14.7% |
| 2011 | 28.2% | -11.2% |
| 2012 | 25.7% | -8.8% |
| 2013 | 25.2% | -2.0% |
| 2014 | 26.6% | +5.7% |
| 2015 | 27.0% | +1.4% |
| 2016 | 25.7% | -4.9% |
| 2017 | 26.9% | +4.7% |
| 2018 | 24.6% | -8.4% |
| 2019 | 24.5% | -0.6% |
| 2020 | 29.2% | +19.5% |
| 2021 | 26.2% | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.4% | 36.6% | 43.0% | 5 |
| 2010s | 26.6% | 24.5% | 31.7% | 10 |
| 2020s | 27.7% | 26.2% | 29.2% | 2 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- Final consumption expenditure (constant 2015 US$), per capita 2,375 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 8.95 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.33 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 4,225 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 8.95 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 1.33 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 4,225 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 4.33 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.9614 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 3,049 constant 2015 US$ per person (2025)
Frequently asked questions
- What is expense in Palestine, State of?
- Expense in Palestine, State of was 26.2% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Palestine, State of?
- The highest recorded value was 43.0% in 2006.
- What is the lowest expense recorded in Palestine, State of?
- The lowest recorded value was 24.5% in 2019.
- How does Palestine, State of rank for expense?
- Palestine, State of ranks 78th out of 157 countries with data for 2021.
- Is expense rising or falling in Palestine, State of?
- Over the last ten years it is down 7.2%. The long-run trend across the full record is falling.
- Where does this Palestine, State of data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.