Gross domestic product (GDP), Constant prices, Purchasing power in West Bank and Gaza
West Bank and Gaza: Gross domestic product (GDP), Constant prices, Purchasing power was 0.9491 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in West Bank and Gaza, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in West Bank and Gaza stood at 0.9491 % change on previous year.
The figure is down 22.6% on the previous year and down 89.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in West Bank and Gaza peaked at 23.88 % change on previous year in 1992 and was at its lowest, -12.49 % change on previous year, in 2002.
That places West Bank and Gaza 153rd out of 193 countries with data for 2019, 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), Constant prices, Purchasing power in West Bank and Gaza, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.89 % change on previous year | — |
| 1972 | 16.95 % change on previous year | +22.0% |
| 1973 | -3.9 % change on previous year | -123.0% |
| 1974 | 22.04 % change on previous year | -664.6% |
| 1975 | 1.12 % change on previous year | -94.9% |
| 1976 | 15.28 % change on previous year | +1264.8% |
| 1977 | -1.02 % change on previous year | -106.7% |
| 1978 | 12.85 % change on previous year | -1362.6% |
| 1979 | -1.58 % change on previous year | -112.3% |
| 1980 | 14.6 % change on previous year | -1023.0% |
| 1981 | -6.25 % change on previous year | -142.8% |
| 1982 | 8.6 % change on previous year | -237.5% |
| 1983 | -3.82 % change on previous year | -144.4% |
| 1984 | 5.03 % change on previous year | -231.7% |
| 1985 | -0.6374 % change on previous year | -112.7% |
| 1986 | 19.32 % change on previous year | -3130.7% |
| 1987 | -2.63 % change on previous year | -113.6% |
| 1988 | -1.39 % change on previous year | -47.4% |
| 1989 | 2.21 % change on previous year | -259.6% |
| 1990 | 18.98 % change on previous year | +757.4% |
| 1991 | -4.21 % change on previous year | -122.2% |
| 1992 | 23.88 % change on previous year | -667.1% |
| 1993 | 10.59 % change on previous year | -55.7% |
| 1994 | 16 % change on previous year | +51.1% |
| 1995 | 7.12 % change on previous year | -55.5% |
| 1996 | 1.22 % change on previous year | -82.9% |
| 1997 | 14.67 % change on previous year | +1106.8% |
| 1998 | 14.33 % change on previous year | -2.3% |
| 1999 | 8.28 % change on previous year | -42.2% |
| 2000 | -8.56 % change on previous year | -203.3% |
| 2001 | -9.31 % change on previous year | +8.8% |
| 2002 | -12.49 % change on previous year | +34.1% |
| 2003 | 14.02 % change on previous year | -212.2% |
| 2004 | 21.92 % change on previous year | +56.4% |
| 2005 | 11.29 % change on previous year | -48.5% |
| 2006 | -0.997 % change on previous year | -108.8% |
| 2007 | 3.79 % change on previous year | -480.0% |
| 2008 | 7.43 % change on previous year | +96.1% |
| 2009 | 8.59 % change on previous year | +15.7% |
| 2010 | 5.78 % change on previous year | -32.8% |
| 2011 | 9.6 % change on previous year | +66.2% |
| 2012 | 6.1 % change on previous year | -36.5% |
| 2013 | 4.7 % change on previous year | -22.9% |
| 2014 | -0.1578 % change on previous year | -103.4% |
| 2015 | 3.72 % change on previous year | -2458.2% |
| 2016 | 8.86 % change on previous year | +138.2% |
| 2017 | 1.42 % change on previous year | -84.0% |
| 2018 | 1.23 % change on previous year | -13.6% |
| 2019 | 0.9491 % change on previous year | -22.6% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Purchasing power in West Bank and Gaza 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 |
|---|---|---|---|
| 1986 | +3130.7% | -0.6374 % change on previous year | 19.32 % change on previous year |
| 2015 | +2458.2% | -0.1578 % change on previous year | 3.72 % change on previous year |
| 1978 | +1362.6% | -1.02 % change on previous year | 12.85 % change on previous year |
| 1976 | +1264.8% | 1.12 % change on previous year | 15.28 % change on previous year |
| 1997 | +1106.8% | 1.22 % change on previous year | 14.67 % change on previous year |
| 1980 | +1023.0% | -1.58 % change on previous year | 14.6 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.4 % change on previous year | -3.9 % change on previous year | 22.04 % change on previous year | 9 |
| 1980s | 3.5 % change on previous year | -6.25 % change on previous year | 19.32 % change on previous year | 10 |
| 1990s | 11.09 % change on previous year | -4.21 % change on previous year | 23.88 % change on previous year | 10 |
| 2000s | 3.57 % change on previous year | -12.49 % change on previous year | 21.92 % change on previous year | 10 |
| 2010s | 4.22 % change on previous year | -0.1578 % change on previous year | 9.6 % change on previous year | 10 |
Countries ranked near West Bank and Gaza
- 150 Chile 1.05 % change on previous year compare
- 151 Tunisia 1.04 % change on previous year compare
- 152 Nauru 1 % change on previous year compare
- 154 Turkey 0.9167 % change on previous year compare
- 155 Jamaica 0.8922 % change on previous year compare
- 156 Norway 0.852 % change on previous year compare
More economy & growth data for West Bank and Gaza
- Gross domestic product (GDP), Current prices, Domestic currency 17.06 (2019)
- Gross domestic product (GDP), Current prices, Domestic currency 4.81 % change on previous year (2019)
- Gross domestic product (GDP), Constant prices, Purchasing power 32.06 (2019)
- Capital stock, Private sector, Current prices, Domestic currency 0 (2019)
- Capital stock, Private sector, Constant prices, Percent of GDP 0 (2019)
- Capital stock, Private sector, Constant prices, Purchasing power 0 (2019)
- Gross fixed capital formation, Private sector, Current prices 4.01 (2019)
- Gross fixed capital formation, Private sector, Current prices 0.1923 % change on previous year (2019)
- Gross fixed capital formation, Private sector, Constant prices 6.58 (2019)
- Gross fixed capital formation, Private sector, Constant prices 20.51 (2019)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in West Bank and Gaza?
- Gross domestic product (gdp), constant prices, purchasing power in West Bank and Gaza was 0.9491 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in West Bank and Gaza?
- The highest recorded value was 23.88 % change on previous year in 1992.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in West Bank and Gaza?
- The lowest recorded value was -12.49 % change on previous year in 2002.
- How does West Bank and Gaza rank for gross domestic product (gdp), constant prices, purchasing power?
- West Bank and Gaza ranks 153rd out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in West Bank and Gaza?
- Over the last ten years it is down 89.0%. The long-run trend across the full record is volatile.
- Where does this West Bank and Gaza data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Constant prices, Purchasing power International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.