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 32.06 in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in West Bank and Gaza, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in West Bank and Gaza stood at 32.06. That is the highest value across all 50 years on record.
The figure is up 0.9% on the previous year and up 50.5% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in West Bank and Gaza peaked at 32.06 in 2019 and was at its lowest, 2.07, in 1970.
West Bank and Gaza ranks 132nd of 193 countries on this measure, in the middle of the range.
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 | Value | Change |
|---|---|---|
| 1970 | 2.07 | — |
| 1971 | 2.36 | +13.9% |
| 1972 | 2.76 | +16.9% |
| 1973 | 2.65 | -3.9% |
| 1974 | 3.23 | +22.0% |
| 1975 | 3.27 | +1.1% |
| 1976 | 3.77 | +15.3% |
| 1977 | 3.73 | -1.0% |
| 1978 | 4.21 | +12.9% |
| 1979 | 4.14 | -1.6% |
| 1980 | 4.75 | +14.6% |
| 1981 | 4.45 | -6.3% |
| 1982 | 4.83 | +8.6% |
| 1983 | 4.65 | -3.8% |
| 1984 | 4.88 | +5.0% |
| 1985 | 4.85 | -0.6% |
| 1986 | 5.79 | +19.3% |
| 1987 | 5.63 | -2.6% |
| 1988 | 5.56 | -1.4% |
| 1989 | 5.68 | +2.2% |
| 1990 | 6.76 | +19.0% |
| 1991 | 6.47 | -4.2% |
| 1992 | 8.02 | +23.9% |
| 1993 | 8.87 | +10.6% |
| 1994 | 10.29 | +16.0% |
| 1995 | 11.02 | +7.1% |
| 1996 | 11.15 | +1.2% |
| 1997 | 12.79 | +14.7% |
| 1998 | 14.62 | +14.3% |
| 1999 | 15.83 | +8.3% |
| 2000 | 14.48 | -8.6% |
| 2001 | 13.13 | -9.3% |
| 2002 | 11.49 | -12.5% |
| 2003 | 13.1 | +14.0% |
| 2004 | 15.97 | +21.9% |
| 2005 | 17.77 | +11.3% |
| 2006 | 17.6 | -1.0% |
| 2007 | 18.26 | +3.8% |
| 2008 | 19.62 | +7.4% |
| 2009 | 21.31 | +8.6% |
| 2010 | 22.54 | +5.8% |
| 2011 | 24.7 | +9.6% |
| 2012 | 26.21 | +6.1% |
| 2013 | 27.44 | +4.7% |
| 2014 | 27.4 | -0.2% |
| 2015 | 28.41 | +3.7% |
| 2016 | 30.93 | +8.9% |
| 2017 | 31.37 | +1.4% |
| 2018 | 31.76 | +1.2% |
| 2019 | 32.06 | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.22 | 2.07 | 4.21 | 10 |
| 1980s | 5.11 | 4.45 | 5.79 | 10 |
| 1990s | 10.58 | 6.47 | 15.83 | 10 |
| 2000s | 16.27 | 11.49 | 21.31 | 10 |
| 2010s | 28.28 | 22.54 | 32.06 | 10 |
Countries ranked near West Bank and Gaza
More economy & growth data for West Bank and Gaza
- Gross domestic product (GDP), Current prices, Domestic currency 17.06 (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, Constant prices 20.51 (2019)
- Gross fixed capital formation, Private sector, Constant prices 6.58 (2019)
- Major Events 0 (2026)
- Reported Social Unrest Index 372.64 (2026)
- Other investment 13.44 billion US dollar (2025)
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 32.06 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in West Bank and Gaza?
- The highest recorded value was 32.06 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in West Bank and Gaza?
- The lowest recorded value was 2.07 in 1970.
- How does West Bank and Gaza rank for gross domestic product (gdp), constant prices, purchasing power?
- West Bank and Gaza ranks 132nd 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 up 50.5%. The long-run trend across the full record is volatile.
- Where does this West Bank and Gaza data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.