GDP Deflator — Value US$, 2015 prices in Palestine, State of
Palestine, State of: GDP Deflator — Value US$, 2015 prices was 123.17 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Palestine, State of, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Palestine, State of recorded 123.17 USD for gdp deflator — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.6% on the previous year and up 18.6% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Palestine, State of peaked at 123.17 USD in 2024 and was at its lowest, 17.43 USD, in 1970.
That places Palestine, State of 74th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Palestine, State of, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 17.43 USD | — |
| 1971 | 17.56 USD | +0.7% |
| 1972 | 21.8 USD | +24.1% |
| 1973 | 28.28 USD | +29.7% |
| 1974 | 36.29 USD | +28.3% |
| 1975 | 36.03 USD | -0.7% |
| 1976 | 36.73 USD | +1.9% |
| 1977 | 38.2 USD | +4.0% |
| 1978 | 35.2 USD | -7.9% |
| 1979 | 41.55 USD | +18.0% |
| 1980 | 46.02 USD | +10.8% |
| 1981 | 45.33 USD | -1.5% |
| 1982 | 44.37 USD | -2.1% |
| 1983 | 47.86 USD | +7.9% |
| 1984 | 44.84 USD | -6.3% |
| 1985 | 42.13 USD | -6.0% |
| 1986 | 56.68 USD | +34.5% |
| 1987 | 64.2 USD | +13.3% |
| 1988 | 68.7 USD | +7.0% |
| 1989 | 63.85 USD | -7.1% |
| 1990 | 58.26 USD | -8.7% |
| 1991 | 65.57 USD | +12.5% |
| 1992 | 65.27 USD | -0.5% |
| 1993 | 63.58 USD | -2.6% |
| 1994 | 56.22 USD | -11.6% |
| 1995 | 60.59 USD | +7.8% |
| 1996 | 62.18 USD | +2.6% |
| 1997 | 59.79 USD | -3.8% |
| 1998 | 56.58 USD | -5.4% |
| 1999 | 54.87 USD | -3.0% |
| 2000 | 60.6 USD | +10.4% |
| 2001 | 62.02 USD | +2.3% |
| 2002 | 62.94 USD | +1.5% |
| 2003 | 61.6 USD | -2.1% |
| 2004 | 58.61 USD | -4.9% |
| 2005 | 58.65 USD | +0.1% |
| 2006 | 61.81 USD | +5.4% |
| 2007 | 64.76 USD | +4.8% |
| 2008 | 75.77 USD | +17.0% |
| 2009 | 77.17 USD | +1.9% |
| 2010 | 87.36 USD | +13.2% |
| 2011 | 92.09 USD | +5.4% |
| 2012 | 94.73 USD | +2.9% |
| 2013 | 100.17 USD | +5.7% |
| 2014 | 103.85 USD | +3.7% |
| 2015 | 100 USD | -3.7% |
| 2016 | 101.28 USD | +1.3% |
| 2017 | 104.55 USD | +3.2% |
| 2018 | 104.23 USD | -0.3% |
| 2019 | 108.24 USD | +3.8% |
| 2020 | 110.64 USD | +2.2% |
| 2021 | 120.55 USD | +9.0% |
| 2022 | 122.58 USD | +1.7% |
| 2023 | 117.75 USD | -3.9% |
| 2024 | 123.17 USD | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.91 USD | 17.43 USD | 41.55 USD | 10 |
| 1980s | 52.4 USD | 42.13 USD | 68.7 USD | 10 |
| 1990s | 60.29 USD | 54.87 USD | 65.57 USD | 10 |
| 2000s | 64.39 USD | 58.61 USD | 77.17 USD | 10 |
| 2010s | 99.65 USD | 87.36 USD | 108.24 USD | 10 |
| 2020s | 118.94 USD | 110.64 USD | 123.17 USD | 5 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- Manufacturing, value added (constant LCU), per capita 353.55 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -16.22 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.1625 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 492.16 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual -16.22 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.1625 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 492.16 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 8.02 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1481 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 469.58 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Palestine, State of?
- Gdp deflator — value us$, 2015 prices in Palestine, State of was 123.17 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Palestine, State of?
- The highest recorded value was 123.17 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Palestine, State of?
- The lowest recorded value was 17.43 USD in 1970.
- How does Palestine, State of rank for gdp deflator — value us$, 2015 prices?
- Palestine, State of ranks 74th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Palestine, State of?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is rising.
- Where does this Palestine, State of data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).