GDP growth in Palestine, State of
Palestine, State of: GDP growth was 4.3% in 2025. ◆ Volatile
GDP growth in Palestine, State of, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gdp growth in Palestine, State of is 4.3%, measured in 2025.
That represents a change of up 119.0% on the previous year and up 16.7% over ten years.
Over the whole period, gdp growth in Palestine, State of peaked at 21.9% in 2004 and was at its lowest, -22.9%, in 2024.
That places Palestine, State of 72nd out of 215 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Palestine, State of, year by year
| Year | annual % | Change |
|---|---|---|
| 1995 | 7.1% | — |
| 1996 | 1.2% | -82.9% |
| 1997 | 14.7% | +1107.7% |
| 1998 | 14.3% | -2.3% |
| 1999 | 8.3% | -42.2% |
| 2000 | -8.6% | -203.3% |
| 2001 | -9.3% | +8.8% |
| 2002 | -12.5% | +34.1% |
| 2003 | 14.0% | -212.2% |
| 2004 | 21.9% | +56.4% |
| 2005 | 11.3% | -48.5% |
| 2006 | -1.0% | -108.8% |
| 2007 | 3.8% | -480.1% |
| 2008 | 7.4% | +96.1% |
| 2009 | 8.6% | +15.7% |
| 2010 | 5.8% | -32.8% |
| 2011 | 9.6% | +66.2% |
| 2012 | 6.1% | -36.5% |
| 2013 | 4.7% | -22.9% |
| 2014 | -0.2% | -103.4% |
| 2015 | 3.7% | -2457.2% |
| 2016 | 8.9% | +138.2% |
| 2017 | 1.4% | -84.0% |
| 2018 | 1.2% | -13.5% |
| 2019 | 1.4% | +11.1% |
| 2020 | -11.3% | -930.6% |
| 2021 | 7.0% | -162.0% |
| 2022 | 4.1% | -41.8% |
| 2023 | -1.0% | -123.8% |
| 2024 | -22.9% | +2251.1% |
| 2025 | 4.3% | -119.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.1% | 1.2% | 14.7% | 5 |
| 2000s | 3.6% | -12.5% | 21.9% | 10 |
| 2010s | 4.3% | -0.2% | 9.6% | 10 |
| 2020s | -3.3% | -22.9% | 7.0% | 6 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- Gross capital formation (constant 2015 US$), annual growth rate 4.62 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2123 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 673.21 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 8.8 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.5353 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 1,698 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 8.8 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.5353 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 1,698 current LCU per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate -0.193 % change on previous year (2025)
Frequently asked questions
- What is gdp growth in Palestine, State of?
- Gdp growth in Palestine, State of was 4.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Palestine, State of?
- The highest recorded value was 21.9% in 2004.
- What is the lowest gdp growth recorded in Palestine, State of?
- The lowest recorded value was -22.9% in 2024.
- How does Palestine, State of rank for gdp growth?
- Palestine, State of ranks 72nd out of 215 countries with data for 2025.
- Is gdp growth rising or falling in Palestine, State of?
- Over the last ten years it is up 16.7%. 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 growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.