Gross domestic product (GDP) (National statistical) in Palestine
Palestine: Gross domestic product (GDP) (National statistical) was 12.46 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
12.46 billion constant 2015 US$
Change on year
up 4.3%
World rank
144th
of 209 countries
All-time high
15.83 billion constant 2015 US$
in 2019
All-time low
5.06 billion constant 2015 US$
in 1994
Years of data
32
1994–2025
Gross domestic product (GDP) in Palestine, 1994–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
Palestine recorded 12.46 billion constant 2015 US$ for gross domestic product (gdp) in 2025.
The figure is up 4.3% on the previous year and down 10.8% over ten years.
Over the whole period, gross domestic product (gdp) in Palestine peaked at 15.83 billion constant 2015 US$ in 2019 and was at its lowest, 5.06 billion constant 2015 US$, in 1994.
That places Palestine 144th out of 209 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Gross domestic product (GDP) (National statistical) in Palestine, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1994 | 5.06 billion constant 2015 US$ | — |
| 1995 | 5.42 billion constant 2015 US$ | +7.1% |
| 1996 | 5.48 billion constant 2015 US$ | +1.2% |
| 1997 | 6.29 billion constant 2015 US$ | +14.7% |
| 1998 | 7.19 billion constant 2015 US$ | +14.3% |
| 1999 | 7.78 billion constant 2015 US$ | +8.3% |
| 2000 | 7.12 billion constant 2015 US$ | -8.6% |
| 2001 | 6.46 billion constant 2015 US$ | -9.3% |
| 2002 | 5.65 billion constant 2015 US$ | -12.5% |
| 2003 | 6.44 billion constant 2015 US$ | +14.0% |
| 2004 | 7.85 billion constant 2015 US$ | +21.9% |
| 2005 | 8.74 billion constant 2015 US$ | +11.3% |
| 2006 | 8.65 billion constant 2015 US$ | -1.0% |
| 2007 | 8.98 billion constant 2015 US$ | +3.8% |
| 2008 | 9.65 billion constant 2015 US$ | +7.4% |
| 2009 | 10.48 billion constant 2015 US$ | +8.6% |
| 2010 | 11.08 billion constant 2015 US$ | +5.8% |
| 2011 | 12.15 billion constant 2015 US$ | +9.6% |
| 2012 | 12.89 billion constant 2015 US$ | +6.1% |
| 2013 | 13.49 billion constant 2015 US$ | +4.7% |
| 2014 | 13.47 billion constant 2015 US$ | -0.2% |
| 2015 | 13.97 billion constant 2015 US$ | +3.7% |
| 2016 | 15.21 billion constant 2015 US$ | +8.9% |
| 2017 | 15.43 billion constant 2015 US$ | +1.4% |
| 2018 | 15.62 billion constant 2015 US$ | +1.2% |
| 2019 | 15.83 billion constant 2015 US$ | +1.4% |
| 2020 | 14.04 billion constant 2015 US$ | -11.3% |
| 2021 | 15.02 billion constant 2015 US$ | +7.0% |
| 2022 | 15.63 billion constant 2015 US$ | +4.1% |
| 2023 | 15.48 billion constant 2015 US$ | -1.0% |
| 2024 | 11.94 billion constant 2015 US$ | -22.9% |
| 2025 | 12.46 billion constant 2015 US$ | +4.3% |
Palestine compared with similar countries
- Palestine's 12.46 billion constant 2015 US$ is below the median for lower middle income countries, which is 28.68 billion constant 2015 US$, 43% of the median. (47 countries reporting)
- Palestine's 12.46 billion constant 2015 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 93.82 billion constant 2015 US$, 13% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.20 billion constant 2015 US$ | 5.06 billion constant 2015 US$ | 7.78 billion constant 2015 US$ | 6 |
| 2000s | 8.00 billion constant 2015 US$ | 5.65 billion constant 2015 US$ | 10.48 billion constant 2015 US$ | 10 |
| 2010s | 13.91 billion constant 2015 US$ | 11.08 billion constant 2015 US$ | 15.83 billion constant 2015 US$ | 10 |
| 2020s | 14.10 billion constant 2015 US$ | 11.94 billion constant 2015 US$ | 15.63 billion constant 2015 US$ | 6 |
Countries ranked near Palestine
- 141 Bahamas 13.63 billion constant 2015 US$ compare
- 142 Haiti 13.22 billion constant 2015 US$ compare
- 143 North Macedonia 12.52 billion constant 2015 US$ compare
- 145 Namibia 12.43 billion constant 2015 US$ compare
- 146 Malawi 12.18 billion constant 2015 US$ compare
- 147 South Sudan 12.00 billion constant 2015 US$ compare
More economy & growth data for Palestine
- Real gdp growth, annual growth rate -123.81 % change on previous year (2023)
- 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)
Frequently asked questions
- What is gross domestic product (gdp) in Palestine?
- Gross domestic product (gdp) in Palestine was 12.46 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Palestine?
- The highest recorded value was 15.83 billion constant 2015 US$ in 2019.
- What is the lowest gross domestic product (gdp) recorded in Palestine?
- The lowest recorded value was 5.06 billion constant 2015 US$ in 1994.
- How does Palestine rank for gross domestic product (gdp)?
- Palestine ranks 144th out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Palestine?
- Over the last ten years it is down 10.8%. The long-run trend across the full record is rising.
- Where does this Palestine data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.