Gross domestic product (GDP) by world region in Palestine, State of
Palestine, State of: Gross domestic product (GDP) by world region 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) by world region in Palestine, State of, 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) by world region in Palestine, State of stood at 24.08 billion international-$ in 2011 prices.
The figure is up 3.9% on the previous year and up 16.5% over ten years.
Over the whole period, gross domestic product (gdp) by world region in Palestine, State of 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.
Palestine, State of ranks 138th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) by world region in Palestine, State of, 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% |
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, State of
- 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 Republic of 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, State of
- Exports of goods and services (current LCU), annual growth rate 4.12 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.2123 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 673.16 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate -8.34 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1542 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 488.94 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 16.35 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2396 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 759.79 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 0.2396 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) by world region in Palestine, State of?
- Gross domestic product (gdp) by world region in Palestine, State of 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) by world region recorded in Palestine, State of?
- The highest recorded value was 24.41 billion international-$ in 2011 prices in 2019.
- What is the lowest gross domestic product (gdp) by world region recorded in Palestine, State of?
- The lowest recorded value was 525.57 million international-$ in 2011 prices in 1870.
- How does Palestine, State of rank for gross domestic product (gdp) by world region?
- Palestine, State of ranks 138th out of 166 countries with data for 2022.
- Is gross domestic product (gdp) by world region rising or falling in Palestine, State of?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is volatile.
- Where does this Palestine, State of 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) by world region. 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.