External balance on goods and services in Palestine, State of
Palestine, State of: External balance on goods and services was -3.92 billion constant LCU in 2025. ▲ Rising
External balance on goods and services in Palestine, State of, 2015–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, external balance on goods and services in Palestine, State of stood at -3.92 billion constant LCU.
Compared with earlier readings it is down 6.2% on the previous year and up 27.4% over ten years.
Over the whole period, external balance on goods and services in Palestine, State of peaked at -3.69 billion constant LCU in 2024 and was at its lowest, -6.98 billion constant LCU, in 2022.
Palestine, State of ranks 85th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
External balance on goods and services in Palestine, State of, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2015 | -5.40 billion constant LCU | — |
| 2016 | -5.59 billion constant LCU | +3.5% |
| 2017 | -5.39 billion constant LCU | -3.6% |
| 2018 | -5.68 billion constant LCU | +5.4% |
| 2019 | -5.75 billion constant LCU | +1.2% |
| 2020 | -4.85 billion constant LCU | -15.5% |
| 2021 | -5.52 billion constant LCU | +13.7% |
| 2022 | -6.98 billion constant LCU | +26.6% |
| 2023 | -6.74 billion constant LCU | -3.5% |
| 2024 | -3.69 billion constant LCU | -45.2% |
| 2025 | -3.92 billion constant LCU | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -5.56 billion constant LCU | -5.75 billion constant LCU | -5.39 billion constant LCU | 5 |
| 2020s | -5.28 billion constant LCU | -6.98 billion constant LCU | -3.69 billion constant LCU | 6 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- Gross capital formation (current US$), annual growth rate 16.02 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2559 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 811.46 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 16.02 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2559 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 811.46 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 4.62 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2123 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 673.21 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 8.8 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Palestine, State of?
- External balance on goods and services in Palestine, State of was -3.92 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Palestine, State of?
- The highest recorded value was -3.69 billion constant LCU in 2024.
- What is the lowest external balance on goods and services recorded in Palestine, State of?
- The lowest recorded value was -6.98 billion constant LCU in 2022.
- How does Palestine, State of rank for external balance on goods and services?
- Palestine, State of ranks 85th out of 162 countries with data for 2025.
- Is external balance on goods and services rising or falling in Palestine, State of?
- Over the last ten years it is up 27.4%. The long-run trend across the full record is rising.
- Where does this Palestine, State of data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.