Gross Domestic Product, GDP in millions constant 2021 international $ in Palestine
Palestine: Gross Domestic Product, GDP in millions constant 2021 international $ was 0 units per US$ of GDP in 2022. ▼ Falling
Gross Domestic Product, GDP in millions constant 2021 international $ in Palestine, 1994–2022
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
Palestine recorded 0 units per US$ of GDP for gross domestic product, gdp in millions constant 2021 international $ in 2022. That is the lowest value across all 29 years on record.
That represents a change of down 1.7% on the previous year and down 22.7% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Palestine peaked at 0 units per US$ of GDP in 1999 and was at its lowest, 0 units per US$ of GDP, in 2022.
Palestine ranks 131st of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Palestine, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1994 | 0 units per US$ of GDP | — |
| 1995 | 0 units per US$ of GDP | -7.2% |
| 1996 | 0 units per US$ of GDP | -2.5% |
| 1997 | 0 units per US$ of GDP | +4.0% |
| 1998 | 0 units per US$ of GDP | +5.7% |
| 1999 | 0 units per US$ of GDP | +3.1% |
| 2000 | 0 units per US$ of GDP | -9.5% |
| 2001 | 0 units per US$ of GDP | -2.3% |
| 2002 | 0 units per US$ of GDP | -1.5% |
| 2003 | 0 units per US$ of GDP | +2.2% |
| 2004 | 0 units per US$ of GDP | +5.1% |
| 2005 | 0 units per US$ of GDP | -0.1% |
| 2006 | 0 units per US$ of GDP | -5.1% |
| 2007 | 0 units per US$ of GDP | -4.6% |
| 2008 | 0 units per US$ of GDP | -14.5% |
| 2009 | 0 units per US$ of GDP | -1.8% |
| 2010 | 0 units per US$ of GDP | -11.7% |
| 2011 | 0 units per US$ of GDP | -5.1% |
| 2012 | 0 units per US$ of GDP | -2.8% |
| 2013 | 0 units per US$ of GDP | -5.4% |
| 2014 | 0 units per US$ of GDP | -3.5% |
| 2015 | 0 units per US$ of GDP | +3.8% |
| 2016 | 0 units per US$ of GDP | -1.3% |
| 2017 | 0 units per US$ of GDP | -3.1% |
| 2018 | 0 units per US$ of GDP | +0.3% |
| 2019 | 0 units per US$ of GDP | -3.7% |
| 2020 | 0 units per US$ of GDP | -2.2% |
| 2021 | 0 units per US$ of GDP | -8.2% |
| 2022 | 0 units per US$ of GDP | -1.7% |
Palestine compared with similar countries
- Palestine's 0 units per US$ of GDP is below the median for lower middle income countries, which is 0 units per US$ of GDP, 61% of the median. (46 countries reporting)
- Palestine's 0 units per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0 units per US$ of GDP, 75% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 6 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2020s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 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 units per US$ of GDP 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 units per US$ of GDP in 1999.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Palestine?
- The lowest recorded value was 0 units per US$ of GDP in 2022.
- How does Palestine rank for gross domestic product, gdp in millions constant 2021 international $?
- Palestine ranks 131st out of 185 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 22.7%. The long-run trend across the full record is falling.
- 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 unit of GDP. 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 GDP (current US$), 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) ÷ GDP (current US$)
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.