Gross domestic product (GDP) (Bolt) in Palestine
Palestine: Gross domestic product (GDP) (Bolt) was 24.08 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
24.08 billion international-$ in 2011 prices
Change on year
up 3.9%
World rank
138th
of 166 countries
All-time high
24.41 billion international-$ in 2011 prices
in 2019
All-time low
525.57 million international-$ in 2011 prices
in 1870
Years of data
75
1870–2022
Gross domestic product (GDP) in Palestine, 1870–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
In 2022, gross domestic product (gdp) in Palestine stood at 24.08 billion international-$ in 2011 prices.
Compared with earlier readings it is up 3.9% on the previous year and up 16.5% over ten years.
Over the whole period, gross domestic product (gdp) in Palestine peaked at 24.41 billion international-$ in 2011 prices in 2019 and was at its lowest, 525.57 million international-$ in 2011 prices, in 1870.
That places Palestine 138th out of 166 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) (Bolt) in Palestine, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1870 | 525.57 million international-$ in 2011 prices | — |
| 1913 | 1.43 billion international-$ in 2011 prices | +171.6% |
| 1950 | 1.58 billion international-$ in 2011 prices | +10.4% |
| 1951 | 1.64 billion international-$ in 2011 prices | +4.3% |
| 1952 | 1.72 billion international-$ in 2011 prices | +4.7% |
| 1953 | 1.80 billion international-$ in 2011 prices | +4.7% |
| 1954 | 1.89 billion international-$ in 2011 prices | +4.8% |
| 1955 | 1.97 billion international-$ in 2011 prices | +4.2% |
| 1956 | 2.05 billion international-$ in 2011 prices | +4.1% |
| 1957 | 2.14 billion international-$ in 2011 prices | +4.5% |
| 1958 | 2.21 billion international-$ in 2011 prices | +3.2% |
| 1959 | 2.36 billion international-$ in 2011 prices | +7.0% |
| 1960 | 2.50 billion international-$ in 2011 prices | +5.9% |
| 1961 | 2.54 billion international-$ in 2011 prices | +1.5% |
| 1962 | 2.70 billion international-$ in 2011 prices | +6.3% |
| 1963 | 2.87 billion international-$ in 2011 prices | +6.2% |
| 1964 | 3.06 billion international-$ in 2011 prices | +6.6% |
| 1965 | 3.27 billion international-$ in 2011 prices | +7.1% |
| 1966 | 3.61 billion international-$ in 2011 prices | +10.1% |
| 1967 | 3.26 billion international-$ in 2011 prices | -9.6% |
| 1968 | 2.64 billion international-$ in 2011 prices | -19.1% |
| 1969 | 2.81 billion international-$ in 2011 prices | +6.5% |
| 1970 | 3.10 billion international-$ in 2011 prices | +10.6% |
| 1971 | 3.54 billion international-$ in 2011 prices | +14.0% |
| 1972 | 4.13 billion international-$ in 2011 prices | +16.9% |
| 1973 | 3.98 billion international-$ in 2011 prices | -3.9% |
| 1974 | 4.85 billion international-$ in 2011 prices | +22.0% |
| 1975 | 4.91 billion international-$ in 2011 prices | +1.2% |
| 1976 | 5.65 billion international-$ in 2011 prices | +15.3% |
| 1977 | 5.60 billion international-$ in 2011 prices | -1.0% |
| 1978 | 6.32 billion international-$ in 2011 prices | +12.8% |
| 1979 | 6.22 billion international-$ in 2011 prices | -1.6% |
| 1980 | 7.13 billion international-$ in 2011 prices | +14.6% |
| 1981 | 6.68 billion international-$ in 2011 prices | -6.2% |
| 1982 | 7.25 billion international-$ in 2011 prices | +8.5% |
| 1983 | 6.98 billion international-$ in 2011 prices | -3.8% |
| 1984 | 7.33 billion international-$ in 2011 prices | +5.0% |
| 1985 | 7.28 billion international-$ in 2011 prices | -0.6% |
| 1986 | 8.69 billion international-$ in 2011 prices | +19.3% |
| 1987 | 8.46 billion international-$ in 2011 prices | -2.6% |
| 1988 | 8.34 billion international-$ in 2011 prices | -1.4% |
| 1989 | 8.53 billion international-$ in 2011 prices | +2.2% |
| 1990 | 10.14 billion international-$ in 2011 prices | +19.0% |
| 1991 | 9.45 billion international-$ in 2011 prices | -6.8% |
| 1992 | 11.39 billion international-$ in 2011 prices | +20.5% |
| 1993 | 12.26 billion international-$ in 2011 prices | +7.6% |
| 1994 | 13.84 billion international-$ in 2011 prices | +12.9% |
| 1995 | 14.43 billion international-$ in 2011 prices | +4.2% |
| 1996 | 14.21 billion international-$ in 2011 prices | -1.5% |
| 1997 | 15.85 billion international-$ in 2011 prices | +11.6% |
| 1998 | 17.64 billion international-$ in 2011 prices | +11.3% |
| 1999 | 18.59 billion international-$ in 2011 prices | +5.4% |
| 2000 | 16.54 billion international-$ in 2011 prices | -11.0% |
| 2001 | 14.60 billion international-$ in 2011 prices | -11.7% |
| 2002 | 12.43 billion international-$ in 2011 prices | -14.8% |
| 2003 | 13.78 billion international-$ in 2011 prices | +10.9% |
| 2004 | 14.80 billion international-$ in 2011 prices | +7.4% |
| 2005 | 15.96 billion international-$ in 2011 prices | +7.8% |
| 2006 | 14.92 billion international-$ in 2011 prices | -6.5% |
| 2007 | 15.48 billion international-$ in 2011 prices | +3.7% |
| 2008 | 15.98 billion international-$ in 2011 prices | +3.2% |
| 2009 | 16.90 billion international-$ in 2011 prices | +5.7% |
| 2010 | 17.77 billion international-$ in 2011 prices | +5.2% |
| 2011 | 19.44 billion international-$ in 2011 prices | +9.4% |
| 2012 | 20.66 billion international-$ in 2011 prices | +6.3% |
| 2013 | 21.12 billion international-$ in 2011 prices | +2.2% |
| 2014 | 21.08 billion international-$ in 2011 prices | -0.1% |
| 2015 | 21.81 billion international-$ in 2011 prices | +3.4% |
| 2016 | 23.67 billion international-$ in 2011 prices | +8.5% |
| 2017 | 23.89 billion international-$ in 2011 prices | +0.9% |
| 2018 | 24.08 billion international-$ in 2011 prices | +0.8% |
| 2019 | 24.41 billion international-$ in 2011 prices | +1.4% |
| 2020 | 21.65 billion international-$ in 2011 prices | -11.3% |
| 2021 | 23.17 billion international-$ in 2011 prices | +7.0% |
| 2022 | 24.08 billion international-$ in 2011 prices | +3.9% |
Palestine compared with similar countries
- Palestine's 24.08 billion international-$ in 2011 prices is below the median for lower middle income countries, which is 54.95 billion international-$ in 2011 prices, 44% of the median. (41 countries reporting)
- Palestine's 24.08 billion international-$ in 2011 prices is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 177.35 billion international-$ in 2011 prices, 14% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) (Bolt) in Palestine changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1913 | +171.6% | 525.57 million international-$ in 2011 prices | 1.43 billion international-$ in 2011 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1870s | 525.57 million international-$ in 2011 prices | 525.57 million international-$ in 2011 prices | 525.57 million international-$ in 2011 prices | 1 |
| 1910s | 1.43 billion international-$ in 2011 prices | 1.43 billion international-$ in 2011 prices | 1.43 billion international-$ in 2011 prices | 1 |
| 1950s | 1.94 billion international-$ in 2011 prices | 1.58 billion international-$ in 2011 prices | 2.36 billion international-$ in 2011 prices | 10 |
| 1960s | 2.92 billion international-$ in 2011 prices | 2.50 billion international-$ in 2011 prices | 3.61 billion international-$ in 2011 prices | 10 |
| 1970s | 4.83 billion international-$ in 2011 prices | 3.10 billion international-$ in 2011 prices | 6.32 billion international-$ in 2011 prices | 10 |
| 1980s | 7.67 billion international-$ in 2011 prices | 6.68 billion international-$ in 2011 prices | 8.69 billion international-$ in 2011 prices | 10 |
| 1990s | 13.78 billion international-$ in 2011 prices | 9.45 billion international-$ in 2011 prices | 18.59 billion international-$ in 2011 prices | 10 |
| 2000s | 15.14 billion international-$ in 2011 prices | 12.43 billion international-$ in 2011 prices | 16.90 billion international-$ in 2011 prices | 10 |
| 2010s | 21.79 billion international-$ in 2011 prices | 17.77 billion international-$ in 2011 prices | 24.41 billion international-$ in 2011 prices | 10 |
| 2020s | 22.96 billion international-$ in 2011 prices | 21.65 billion international-$ in 2011 prices | 24.08 billion international-$ in 2011 prices | 3 |
Countries ranked near Palestine
- 135 Zimbabwe 25.90 billion international-$ in 2011 prices compare
- 136 Niger 24.78 billion international-$ in 2011 prices compare
- 137 Chad 24.12 billion international-$ in 2011 prices compare
- 139 Moldova 23.83 billion international-$ in 2011 prices compare
- 140 Congo 23.68 billion international-$ in 2011 prices compare
- 141 Guinea 23.68 billion international-$ in 2011 prices compare
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 gross domestic product (gdp) in Palestine?
- Gross domestic product (gdp) in Palestine was 24.08 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Palestine?
- The highest recorded value was 24.41 billion international-$ in 2011 prices in 2019.
- What is the lowest gross domestic product (gdp) recorded in Palestine?
- The lowest recorded value was 525.57 million international-$ in 2011 prices in 1870.
- How does Palestine rank for gross domestic product (gdp)?
- Palestine ranks 138th out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Palestine?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is volatile.
- Where does this Palestine data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.