Gross Domestic Product, GDP in millions constant 2021 international $ in Palestine
Palestine: Gross Domestic Product, GDP in millions constant 2021 international $ was 0.0058 units per person in 2022. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Palestine, 1991–2022
Source: Statizoid (derived). Measured in units per person.
Analysis
Palestine recorded 0.0058 units per person for gross domestic product, gdp in millions constant 2021 international $ in 2022.
The figure is up 1.6% on the previous year and down 4.3% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Palestine peaked at 0.0065 units per person in 2016 and was at its lowest, 0.0034 units per person, in 2002.
That places Palestine 140th out of 186 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Palestine, year by year
| Year | units per person | Change |
|---|---|---|
| 1991 | 0.0047 units per person | — |
| 1992 | 0.0045 units per person | -3.6% |
| 1993 | 0.0044 units per person | -2.5% |
| 1994 | 0.004 units per person | -9.3% |
| 1995 | 0.0041 units per person | +2.4% |
| 1996 | 0.0039 units per person | -3.2% |
| 1997 | 0.0043 units per person | +9.6% |
| 1998 | 0.0048 units per person | +11.4% |
| 1999 | 0.0051 units per person | +5.5% |
| 2000 | 0.0045 units per person | -10.9% |
| 2001 | 0.004 units per person | -11.6% |
| 2002 | 0.0034 units per person | -14.7% |
| 2003 | 0.0038 units per person | +11.1% |
| 2004 | 0.0045 units per person | +18.8% |
| 2005 | 0.0049 units per person | +8.5% |
| 2006 | 0.0047 units per person | -3.5% |
| 2007 | 0.0048 units per person | +1.2% |
| 2008 | 0.005 units per person | +4.5% |
| 2009 | 0.0053 units per person | +5.7% |
| 2010 | 0.0054 units per person | +3.1% |
| 2011 | 0.0058 units per person | +6.9% |
| 2012 | 0.006 units per person | +3.5% |
| 2013 | 0.0061 units per person | +2.2% |
| 2014 | 0.006 units per person | -2.5% |
| 2015 | 0.0061 units per person | +1.4% |
| 2016 | 0.0065 units per person | +6.4% |
| 2017 | 0.0064 units per person | -0.6% |
| 2018 | 0.0063 units per person | -1.3% |
| 2019 | 0.0063 units per person | -1.2% |
| 2020 | 0.0054 units per person | -13.5% |
| 2021 | 0.0057 units per person | +4.4% |
| 2022 | 0.0058 units per person | +1.6% |
Palestine compared with similar countries
- Palestine's 0.0058 units per person is below the median for lower middle income countries, which is 0.0061 units per person, 94% of the median. (46 countries reporting)
- Palestine's 0.0058 units per person is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0144 units per person, 40% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0044 units per person | 0.0039 units per person | 0.0051 units per person | 9 |
| 2000s | 0.0045 units per person | 0.0034 units per person | 0.0053 units per person | 10 |
| 2010s | 0.0061 units per person | 0.0054 units per person | 0.0065 units per person | 10 |
| 2020s | 0.0056 units per person | 0.0054 units per person | 0.0058 units per person | 3 |
Countries ranked near Palestine
More economy & growth data for Palestine
- 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)
- Total reserves (includes gold, current US$), per capita 337.15 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in Palestine?
- Gross domestic product, gdp in millions constant 2021 international $ in Palestine was 0.0058 units per person in 2022, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Palestine?
- The highest recorded value was 0.0065 units per person in 2016.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Palestine?
- The lowest recorded value was 0.0034 units per person in 2002.
- How does Palestine rank for gross domestic product, gdp in millions constant 2021 international $?
- Palestine ranks 140th out of 186 countries with data for 2022.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Palestine?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is rising.
- Where does this Palestine data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ Population, total
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- Population, total World Population Prospects, United Nations (UN)
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
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.