GDP (current LCU) (Country official) in Palestine
Palestine: GDP (current LCU) (Country official) was 17.17 billion current LCU in 2025. ◆ Volatile
GDP in Palestine, 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 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 peaked at 19.17 billion current LCU in 2022 and was at its lowest, 2.84 billion current LCU, in 1994.
That places Palestine 174th out of 214 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 (current LCU) (Country official) in Palestine, 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% |
Palestine compared with similar countries
- Palestine's 17.17 billion current LCU is below the median for lower middle income countries, which is 1.98 trillion current LCU, 1% of the median. (47 countries reporting)
- Palestine's 17.17 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.71 trillion current LCU, 1% of the median. (23 countries reporting)
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
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 gdp in Palestine?
- Gdp in Palestine 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?
- The highest recorded value was 19.17 billion current LCU in 2022.
- What is the lowest gdp recorded in Palestine?
- The lowest recorded value was 2.84 billion current LCU in 1994.
- How does Palestine rank for gdp?
- Palestine ranks 174th out of 214 countries with data for 2025.
- Is gdp rising or falling in Palestine?
- Over the last ten years it is up 22.9%. The long-run trend across the full record is volatile.
- 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 (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.