Gross domestic product (GDP), Current prices, Domestic currency in West Bank and Gaza
West Bank and Gaza: Gross domestic product (GDP), Current prices, Domestic currency was 17.06 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in West Bank and Gaza, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in West Bank and Gaza is 17.06, measured in 2019. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 4.8% on the previous year and up 111.0% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in West Bank and Gaza peaked at 17.06 in 2019 and was at its lowest, 0.1774, in 1970.
West Bank and Gaza ranks 167th of 194 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), Current prices, Domestic currency in West Bank and Gaza, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.1774 | — |
| 1971 | 0.2035 | +14.7% |
| 1972 | 0.2954 | +45.1% |
| 1973 | 0.3682 | +24.7% |
| 1974 | 0.5767 | +56.6% |
| 1975 | 0.5789 | +0.4% |
| 1976 | 0.6803 | +17.5% |
| 1977 | 0.7004 | +3.0% |
| 1978 | 0.7283 | +4.0% |
| 1979 | 0.8461 | +16.2% |
| 1980 | 1.07 | +26.9% |
| 1981 | 0.9917 | -7.7% |
| 1982 | 1.05 | +6.3% |
| 1983 | 1.09 | +3.8% |
| 1984 | 1.08 | -1.6% |
| 1985 | 1 | -6.6% |
| 1986 | 1.61 | +60.5% |
| 1987 | 1.78 | +10.3% |
| 1988 | 1.88 | +5.5% |
| 1989 | 1.78 | -5.0% |
| 1990 | 1.94 | +8.6% |
| 1991 | 2.09 | +7.8% |
| 1992 | 2.57 | +23.3% |
| 1993 | 2.77 | +7.7% |
| 1994 | 2.84 | +2.6% |
| 1995 | 3.28 | +15.5% |
| 1996 | 3.41 | +3.9% |
| 1997 | 3.76 | +10.3% |
| 1998 | 4.07 | +8.2% |
| 1999 | 4.27 | +5.0% |
| 2000 | 4.31 | +1.0% |
| 2001 | 4 | -7.2% |
| 2002 | 3.56 | -11.2% |
| 2003 | 3.97 | +11.6% |
| 2004 | 4.6 | +16.0% |
| 2005 | 5.13 | +11.4% |
| 2006 | 5.35 | +4.3% |
| 2007 | 5.82 | +8.7% |
| 2008 | 7.31 | +25.7% |
| 2009 | 8.09 | +10.6% |
| 2010 | 9.68 | +19.7% |
| 2011 | 11.19 | +15.5% |
| 2012 | 12.21 | +9.1% |
| 2013 | 13.52 | +10.7% |
| 2014 | 13.99 | +3.5% |
| 2015 | 13.97 | -0.1% |
| 2016 | 15.41 | +10.3% |
| 2017 | 16.13 | +4.7% |
| 2018 | 16.28 | +0.9% |
| 2019 | 17.06 | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5155 | 0.1774 | 0.8461 | 10 |
| 1980s | 1.33 | 0.9917 | 1.88 | 10 |
| 1990s | 3.1 | 1.94 | 4.27 | 10 |
| 2000s | 5.21 | 3.56 | 8.09 | 10 |
| 2010s | 13.94 | 9.68 | 17.06 | 10 |
Countries ranked near West Bank and Gaza
More economy & growth data for West Bank and Gaza
- 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, 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), current prices, domestic currency in West Bank and Gaza?
- Gross domestic product (gdp), current prices, domestic currency in West Bank and Gaza was 17.06 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in West Bank and Gaza?
- The highest recorded value was 17.06 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in West Bank and Gaza?
- The lowest recorded value was 0.1774 in 1970.
- How does West Bank and Gaza rank for gross domestic product (gdp), current prices, domestic currency?
- West Bank and Gaza ranks 167th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in West Bank and Gaza?
- Over the last ten years it is up 111.0%. The long-run trend across the full record is volatile.
- Where does this West Bank and Gaza data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. 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.