GDP (current US$) (Country official) in Palestine
Palestine: GDP was 17.17 billion current US$ in 2025. ◆ Volatile
GDP in Palestine, 1994–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gdp in Palestine is 17.17 billion current US$, 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 peaked at 19.17 billion current US$ in 2022 and was at its lowest, 2.84 billion current US$, in 1994.
Palestine ranks 142nd of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Palestine, year by year
| Year | current US$ | 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% |
Palestine compared with similar countries
- Palestine's 17.17 billion current US$ is below the median for lower middle income countries, which is 32.08 billion current US$, 54% of the median. (47 countries reporting)
- Palestine's 17.17 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 109.61 billion current US$, 16% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.61 billion current US$ | 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
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 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 19.17 billion current US$ in 2022.
- What is the lowest gdp recorded in Palestine?
- The lowest recorded value was 2.84 billion current US$ in 1994.
- How does Palestine rank for gdp?
- Palestine ranks 142nd 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.