GDP in Palestine, State of
Palestine, State of: GDP was 17.17 billion current LCU in 2025. ◆ Volatile
GDP in Palestine, State of, 1994–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gdp in Palestine, State of is 17.17 billion current LCU, measured in 2025.
Compared with earlier readings it is up 7.2% on the previous year and up 22.9% over ten years.
Over the whole period, gdp in Palestine, State of peaked at 19.17 billion current LCU in 2022 and was at its lowest, 2.84 billion current LCU, in 1994.
That places Palestine, State of 174th out of 212 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Palestine, State of, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | 2.84 billion current LCU | — |
| 1995 | 3.28 billion current LCU | +15.5% |
| 1996 | 3.41 billion current LCU | +3.9% |
| 1997 | 3.76 billion current LCU | +10.3% |
| 1998 | 4.07 billion current LCU | +8.2% |
| 1999 | 4.27 billion current LCU | +5.0% |
| 2000 | 4.31 billion current LCU | +1.0% |
| 2001 | 4.00 billion current LCU | -7.2% |
| 2002 | 3.56 billion current LCU | -11.2% |
| 2003 | 3.97 billion current LCU | +11.6% |
| 2004 | 4.60 billion current LCU | +16.0% |
| 2005 | 5.13 billion current LCU | +11.4% |
| 2006 | 5.35 billion current LCU | +4.3% |
| 2007 | 5.82 billion current LCU | +8.7% |
| 2008 | 7.31 billion current LCU | +25.7% |
| 2009 | 8.09 billion current LCU | +10.6% |
| 2010 | 9.68 billion current LCU | +19.7% |
| 2011 | 11.19 billion current LCU | +15.5% |
| 2012 | 12.21 billion current LCU | +9.1% |
| 2013 | 13.52 billion current LCU | +10.7% |
| 2014 | 13.99 billion current LCU | +3.5% |
| 2015 | 13.97 billion current LCU | -0.1% |
| 2016 | 15.41 billion current LCU | +10.3% |
| 2017 | 16.13 billion current LCU | +4.7% |
| 2018 | 16.28 billion current LCU | +0.9% |
| 2019 | 17.13 billion current LCU | +5.3% |
| 2020 | 15.53 billion current LCU | -9.3% |
| 2021 | 18.11 billion current LCU | +16.6% |
| 2022 | 19.17 billion current LCU | +5.8% |
| 2023 | 18.64 billion current LCU | -2.8% |
| 2024 | 16.02 billion current LCU | -14.0% |
| 2025 | 17.17 billion current LCU | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.61 billion current LCU | 2.84 billion current LCU | 4.27 billion current LCU | 6 |
| 2000s | 5.21 billion current LCU | 3.56 billion current LCU | 8.09 billion current LCU | 10 |
| 2010s | 13.95 billion current LCU | 9.68 billion current LCU | 17.13 billion current LCU | 10 |
| 2020s | 17.44 billion current LCU | 15.53 billion current LCU | 19.17 billion current LCU | 6 |
Countries ranked near Palestine, State of
- 171 Sao Tome and Principe 21.28 billion current LCU compare
- 172 Brunei Darussalam 19.66 billion current LCU compare
- 173 Bahrain 18.41 billion current LCU compare
- 175 Barbados 16.03 billion current LCU compare
- 176 Bahamas 15.83 billion current LCU compare
- 177 Solomon Islands 14.57 billion current LCU compare
More economy & growth data for Palestine, State of
- Gross domestic savings (current US$), annual growth rate -10.26 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP -0.0766 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita -242.85 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -10.26 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP -0.0766 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita -242.85 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 11.62 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 3,250 current US$ per person (2025)
- GNI (current US$), annual growth rate 8.3 % change on previous year (2025)
Frequently asked questions
- What is gdp in Palestine, State of?
- Gdp in Palestine, State of was 17.17 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Palestine, State of?
- The highest recorded value was 19.17 billion current LCU in 2022.
- What is the lowest gdp recorded in Palestine, State of?
- The lowest recorded value was 2.84 billion current LCU in 1994.
- How does Palestine, State of rank for gdp?
- Palestine, State of ranks 174th out of 212 countries with data for 2025.
- Is gdp rising or falling in Palestine, State of?
- Over the last ten years it is up 22.9%. The long-run trend across the full record is volatile.
- 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 GDP (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.