GDP in Palestine, State of

Palestine, State of: GDP was 17.17 billion current US$ in 2025. ◆ Volatile

Latest (2025)
17.17 billion current US$
Change on year
up 7.2%
World rank
142nd
of 212 countries
All-time high
19.17 billion current US$
in 2022
All-time low
2.84 billion current US$
in 1994
Years of data
32
1994–2025

GDP in Palestine, State of, 1994–2025

5.0B10.0B15.0B20.0B1994200920251994: 2.8B current US$1995: 3.3B current US$1996: 3.4B current US$1997: 3.8B current US$1998: 4.1B current US$1999: 4.3B current US$2000: 4.3B current US$2001: 4.0B current US$2002: 3.6B current US$2003: 4.0B current US$2004: 4.6B current US$2005: 5.1B current US$2006: 5.3B current US$2007: 5.8B current US$2008: 7.3B current US$2009: 8.1B current US$2010: 9.7B current US$2011: 11.2B current US$2012: 12.2B current US$2013: 13.5B current US$2014: 14.0B current US$2015: 14.0B current US$2016: 15.4B current US$2017: 16.1B current US$2018: 16.3B current US$2019: 17.1B current US$2020: 15.5B current US$2021: 18.1B current US$2022: 19.2B current US$2023: 18.6B current US$2024: 16.0B current US$2025: 17.2B current US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

The most recent figure for gdp in Palestine, State of is 17.17 billion current US$, measured in 2025.

The figure 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 US$ in 2022 and was at its lowest, 2.84 billion current US$, in 1994.

Palestine, State of ranks 142nd of 212 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP in Palestine, State of, year by year

Annual values for GDP (current US$) in Palestine, State of, 1994 to 2025.
Year current US$ Change
1994 2.84 billion current US$
1995 3.28 billion current US$ +15.5%
1996 3.41 billion current US$ +3.9%
1997 3.76 billion current US$ +10.3%
1998 4.07 billion current US$ +8.2%
1999 4.27 billion current US$ +5.0%
2000 4.31 billion current US$ +1.0%
2001 4.00 billion current US$ -7.2%
2002 3.56 billion current US$ -11.2%
2003 3.97 billion current US$ +11.6%
2004 4.60 billion current US$ +16.0%
2005 5.13 billion current US$ +11.4%
2006 5.35 billion current US$ +4.3%
2007 5.82 billion current US$ +8.7%
2008 7.31 billion current US$ +25.7%
2009 8.09 billion current US$ +10.6%
2010 9.68 billion current US$ +19.7%
2011 11.19 billion current US$ +15.5%
2012 12.21 billion current US$ +9.1%
2013 13.52 billion current US$ +10.7%
2014 13.99 billion current US$ +3.5%
2015 13.97 billion current US$ -0.1%
2016 15.41 billion current US$ +10.3%
2017 16.13 billion current US$ +4.7%
2018 16.28 billion current US$ +0.9%
2019 17.13 billion current US$ +5.3%
2020 15.53 billion current US$ -9.3%
2021 18.11 billion current US$ +16.6%
2022 19.17 billion current US$ +5.8%
2023 18.64 billion current US$ -2.8%
2024 16.02 billion current US$ -14.0%
2025 17.17 billion current US$ +7.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.61 billion current US$ 2.84 billion current US$ 4.27 billion current US$ 6
2000s 5.21 billion current US$ 3.56 billion current US$ 8.09 billion current US$ 10
2010s 13.95 billion current US$ 9.68 billion current US$ 17.13 billion current US$ 10
2020s 17.44 billion current US$ 15.53 billion current US$ 19.17 billion current US$ 6

Countries ranked near Palestine, State of

  1. 139 Lao People's Democratic Republic 18.30 billion current US$ compare
  2. 140 Afghanistan 17.78 billion current US$ compare
  3. 141 Tajikistan 17.66 billion current US$ compare
  4. 143 Rwanda 16.37 billion current US$ compare
  5. 144 Congo 16.31 billion current US$ compare
  6. 145 Mauritius 16.16 billion current US$ compare

See the full ranking of 260 places →

More economy & growth data for Palestine, State of

All data for Palestine, State of →

Frequently asked questions

What is gdp in Palestine, State of?
Gdp in Palestine, State of was 17.17 billion current US$ 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 US$ in 2022.
What is the lowest gdp recorded in Palestine, State of?
The lowest recorded value was 2.84 billion current US$ in 1994.
How does Palestine, State of rank for gdp?
Palestine, State of ranks 142nd 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 US$). Statizoid updates them automatically from the source API.

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GDP in Palestine, State of. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 22 August 2026, from https://economy.statizoid.com/stat/gdp-current-us/west-bank-and-gaza/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,741 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.