GDP, PPP in Palestine, State of
Palestine, State of: GDP, PPP was 27.07 billion current international $ in 2025. ◆ Volatile
GDP, PPP in Palestine, State of, 1994–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
The most recent figure for gdp, ppp in Palestine, State of is 27.07 billion current international $, measured in 2025.
The figure is up 7.3% on the previous year and up 9.9% over ten years.
Over the whole period, gdp, ppp in Palestine, State of peaked at 31.92 billion current international $ in 2023 and was at its lowest, 5.21 billion current international $, in 1994.
Palestine, State of ranks 153rd of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP, PPP in Palestine, State of, year by year
| Year | current international $ | Change |
|---|---|---|
| 1994 | 5.21 billion current international $ | — |
| 1995 | 5.70 billion current international $ | +9.4% |
| 1996 | 5.87 billion current international $ | +3.1% |
| 1997 | 6.85 billion current international $ | +16.6% |
| 1998 | 7.92 billion current international $ | +15.6% |
| 1999 | 8.69 billion current international $ | +9.8% |
| 2000 | 8.13 billion current international $ | -6.5% |
| 2001 | 7.54 billion current international $ | -7.3% |
| 2002 | 6.70 billion current international $ | -11.1% |
| 2003 | 7.79 billion current international $ | +16.3% |
| 2004 | 9.75 billion current international $ | +25.2% |
| 2005 | 11.20 billion current international $ | +14.8% |
| 2006 | 11.43 billion current international $ | +2.1% |
| 2007 | 12.18 billion current international $ | +6.6% |
| 2008 | 13.34 billion current international $ | +9.5% |
| 2009 | 14.57 billion current international $ | +9.3% |
| 2010 | 15.60 billion current international $ | +7.1% |
| 2011 | 17.45 billion current international $ | +11.9% |
| 2012 | 20.75 billion current international $ | +18.9% |
| 2013 | 21.56 billion current international $ | +3.9% |
| 2014 | 22.46 billion current international $ | +4.2% |
| 2015 | 24.64 billion current international $ | +9.7% |
| 2016 | 26.47 billion current international $ | +7.5% |
| 2017 | 27.20 billion current international $ | +2.8% |
| 2018 | 28.40 billion current international $ | +4.4% |
| 2019 | 30.49 billion current international $ | +7.4% |
| 2020 | 28.61 billion current international $ | -6.2% |
| 2021 | 27.88 billion current international $ | -2.6% |
| 2022 | 31.08 billion current international $ | +11.5% |
| 2023 | 31.92 billion current international $ | +2.7% |
| 2024 | 25.23 billion current international $ | -20.9% |
| 2025 | 27.07 billion current international $ | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.71 billion current international $ | 5.21 billion current international $ | 8.69 billion current international $ | 6 |
| 2000s | 10.26 billion current international $ | 6.70 billion current international $ | 14.57 billion current international $ | 10 |
| 2010s | 23.50 billion current international $ | 15.60 billion current international $ | 30.49 billion current international $ | 10 |
| 2020s | 28.63 billion current international $ | 25.23 billion current international $ | 31.92 billion current international $ | 6 |
Countries ranked near Palestine, State of
- 150 Somalia 32.29 billion current international $ compare
- 151 Equatorial Guinea 31.27 billion current international $ compare
- 152 Kosovo 30.38 billion current international $ compare
- 154 Montenegro 22.07 billion current international $ compare
- 155 Burundi 17.96 billion current international $ compare
- 156 Bahamas 16.56 billion current international $ compare
More economy & growth data for Palestine, State of
- Services, value added (current US$), annual growth rate -11.99 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.6021 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 1,823 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate -11.99 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 0.6021 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 1,823 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 3.73 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4076 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 1,292 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 1,292 constant LCU per person (2025)
Frequently asked questions
- What is gdp, ppp in Palestine, State of?
- Gdp, ppp in Palestine, State of was 27.07 billion current international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in Palestine, State of?
- The highest recorded value was 31.92 billion current international $ in 2023.
- What is the lowest gdp, ppp recorded in Palestine, State of?
- The lowest recorded value was 5.21 billion current international $ in 1994.
- How does Palestine, State of rank for gdp, ppp?
- Palestine, State of ranks 153rd out of 203 countries with data for 2025.
- Is gdp, ppp rising or falling in Palestine, State of?
- Over the last ten years it is up 9.9%. The long-run trend across the full record is volatile.
- Where does this Palestine, State of data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross domestic product (GDP) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.