GDP in Palestine
Palestine: GDP was 12.46 billion constant 2015 US$ in 2025. ▲ Rising
GDP in Palestine, 1994–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Palestine recorded 12.46 billion constant 2015 US$ for gdp in 2025.
That represents a change of up 4.3% on the previous year and down 10.8% over ten years.
Over the whole period, gdp in Palestine peaked at 15.83 billion constant 2015 US$ in 2019 and was at its lowest, 5.06 billion constant 2015 US$, in 1994.
That places Palestine 144th out of 210 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
GDP in Palestine, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1994 | 5.06 billion constant 2015 US$ | — |
| 1995 | 5.42 billion constant 2015 US$ | +7.1% |
| 1996 | 5.48 billion constant 2015 US$ | +1.2% |
| 1997 | 6.29 billion constant 2015 US$ | +14.7% |
| 1998 | 7.19 billion constant 2015 US$ | +14.3% |
| 1999 | 7.78 billion constant 2015 US$ | +8.3% |
| 2000 | 7.12 billion constant 2015 US$ | -8.6% |
| 2001 | 6.46 billion constant 2015 US$ | -9.3% |
| 2002 | 5.65 billion constant 2015 US$ | -12.5% |
| 2003 | 6.44 billion constant 2015 US$ | +14.0% |
| 2004 | 7.85 billion constant 2015 US$ | +21.9% |
| 2005 | 8.74 billion constant 2015 US$ | +11.3% |
| 2006 | 8.65 billion constant 2015 US$ | -1.0% |
| 2007 | 8.98 billion constant 2015 US$ | +3.8% |
| 2008 | 9.65 billion constant 2015 US$ | +7.4% |
| 2009 | 10.48 billion constant 2015 US$ | +8.6% |
| 2010 | 11.08 billion constant 2015 US$ | +5.8% |
| 2011 | 12.15 billion constant 2015 US$ | +9.6% |
| 2012 | 12.89 billion constant 2015 US$ | +6.1% |
| 2013 | 13.49 billion constant 2015 US$ | +4.7% |
| 2014 | 13.47 billion constant 2015 US$ | -0.2% |
| 2015 | 13.97 billion constant 2015 US$ | +3.7% |
| 2016 | 15.21 billion constant 2015 US$ | +8.9% |
| 2017 | 15.43 billion constant 2015 US$ | +1.4% |
| 2018 | 15.62 billion constant 2015 US$ | +1.2% |
| 2019 | 15.83 billion constant 2015 US$ | +1.4% |
| 2020 | 14.04 billion constant 2015 US$ | -11.3% |
| 2021 | 15.02 billion constant 2015 US$ | +7.0% |
| 2022 | 15.63 billion constant 2015 US$ | +4.1% |
| 2023 | 15.48 billion constant 2015 US$ | -1.0% |
| 2024 | 11.94 billion constant 2015 US$ | -22.9% |
| 2025 | 12.46 billion constant 2015 US$ | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.20 billion constant 2015 US$ | 5.06 billion constant 2015 US$ | 7.78 billion constant 2015 US$ | 6 |
| 2000s | 8.00 billion constant 2015 US$ | 5.65 billion constant 2015 US$ | 10.48 billion constant 2015 US$ | 10 |
| 2010s | 13.91 billion constant 2015 US$ | 11.08 billion constant 2015 US$ | 15.83 billion constant 2015 US$ | 10 |
| 2020s | 14.10 billion constant 2015 US$ | 11.94 billion constant 2015 US$ | 15.63 billion constant 2015 US$ | 6 |
Countries ranked near Palestine
- 141 Bahamas 13.63 billion constant 2015 US$ compare
- 142 Haiti 13.22 billion constant 2015 US$ compare
- 143 North Macedonia 12.52 billion constant 2015 US$ compare
- 145 Namibia 12.43 billion constant 2015 US$ compare
- 146 Malawi 12.18 billion constant 2015 US$ compare
- 147 South Sudan 12.00 billion constant 2015 US$ compare
More economy & growth data for Palestine
- 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,877 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.97 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.5919 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 1,877 constant LCU per person (2025)
- GDP (current US$), annual growth rate 7.18 % change on previous year (2025)
Frequently asked questions
- What is gdp in Palestine?
- Gdp in Palestine was 12.46 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Palestine?
- The highest recorded value was 15.83 billion constant 2015 US$ in 2019.
- What is the lowest gdp recorded in Palestine?
- The lowest recorded value was 5.06 billion constant 2015 US$ in 1994.
- How does Palestine rank for gdp?
- Palestine ranks 144th out of 210 countries with data for 2025.
- Is gdp rising or falling in Palestine?
- Over the last ten years it is down 10.8%. The long-run trend across the full record is rising.
- 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 GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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 is 2015. This indicator is expressed in United States dollars.