External balance on goods and services (current US$) (US current) in Palestine
Palestine: External balance on goods and services (current US$) (US current) was -5.55 billion current US$ in 2025. ▼ Falling
External balance on goods and services in Palestine, 1994–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Palestine recorded -5.55 billion current US$ for external balance on goods and services in 2025.
Compared with earlier readings it is down 12.1% on the previous year and down 2.7% over ten years.
Over the whole period, external balance on goods and services in Palestine peaked at -1.63 billion current US$ in 1994 and was at its lowest, -8.72 billion current US$, in 2022.
That places Palestine 159th out of 193 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 32 years of available data.
External balance on goods and services (current US$) (US current) in Palestine, year by year
| Year | current US$ | Change |
|---|---|---|
| 1994 | -1.63 billion current US$ | — |
| 1995 | -1.88 billion current US$ | +15.2% |
| 1996 | -1.95 billion current US$ | +3.9% |
| 1997 | -2.10 billion current US$ | +7.4% |
| 1998 | -2.15 billion current US$ | +2.6% |
| 1999 | -2.61 billion current US$ | +21.4% |
| 2000 | -2.01 billion current US$ | -23.0% |
| 2001 | -2.08 billion current US$ | +3.5% |
| 2002 | -1.76 billion current US$ | -15.6% |
| 2003 | -2.00 billion current US$ | +14.0% |
| 2004 | -2.54 billion current US$ | +26.9% |
| 2005 | -2.85 billion current US$ | +12.2% |
| 2006 | -2.95 billion current US$ | +3.4% |
| 2007 | -3.22 billion current US$ | +9.2% |
| 2008 | -3.48 billion current US$ | +8.2% |
| 2009 | -3.81 billion current US$ | +9.5% |
| 2010 | -3.90 billion current US$ | +2.3% |
| 2011 | -3.92 billion current US$ | +0.7% |
| 2012 | -4.43 billion current US$ | +12.9% |
| 2013 | -4.73 billion current US$ | +6.9% |
| 2014 | -5.05 billion current US$ | +6.6% |
| 2015 | -5.40 billion current US$ | +7.0% |
| 2016 | -5.66 billion current US$ | +4.9% |
| 2017 | -5.97 billion current US$ | +5.3% |
| 2018 | -6.43 billion current US$ | +7.7% |
| 2019 | -6.50 billion current US$ | +1.2% |
| 2020 | -5.68 billion current US$ | -12.6% |
| 2021 | -6.95 billion current US$ | +22.4% |
| 2022 | -8.72 billion current US$ | +25.5% |
| 2023 | -7.86 billion current US$ | -9.9% |
| 2024 | -4.95 billion current US$ | -37.1% |
| 2025 | -5.55 billion current US$ | +12.1% |
Palestine compared with similar countries
- Palestine's -5.55 billion current US$ is below the median for lower middle income countries, which is -1.67 billion current US$, 3.3× the median. (45 countries reporting)
- Palestine's -5.55 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -4.68 billion current US$, 1.2× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.05 billion current US$ | -2.61 billion current US$ | -1.63 billion current US$ | 6 |
| 2000s | -2.67 billion current US$ | -3.81 billion current US$ | -1.76 billion current US$ | 10 |
| 2010s | -5.20 billion current US$ | -6.50 billion current US$ | -3.90 billion current US$ | 10 |
| 2020s | -6.62 billion current US$ | -8.72 billion current US$ | -4.95 billion current US$ | 6 |
Countries ranked near Palestine
More economy & growth data for Palestine
- Foreign direct investment, net outflows (BoP, current US$), gaps 14.66 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 329.83 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 103.37 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0192 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 60.93 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 37.44 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1063 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 337.15 includes gold, current US$ per person (2025)
Frequently asked questions
- What is external balance on goods and services in Palestine?
- External balance on goods and services in Palestine was -5.55 billion current US$ 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?
- The highest recorded value was -1.63 billion current US$ in 1994.
- What is the lowest external balance on goods and services recorded in Palestine?
- The lowest recorded value was -8.72 billion current US$ in 2022.
- How does Palestine rank for external balance on goods and services?
- Palestine ranks 159th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Palestine?
- Over the last ten years it is down 2.7%. The long-run trend across the full record is falling.
- Where does this Palestine 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 (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.