Gross domestic product (GDP), per unit of GDP (Bolt) in Palestine
Palestine: Gross domestic product (GDP), per unit of GDP (Bolt) was 1.26 international-$ in 2011 prices per US$ of GDP in 2022. ▼ Falling
Gross domestic product (GDP), per unit of GDP in Palestine, 1994–2022
Source: Statizoid (derived). Measured in international-$ in 2011 prices per US$ of GDP.
Analysis
In 2022, gross domestic product (gdp), per unit of gdp in Palestine stood at 1.26 international-$ in 2011 prices per US$ of GDP. That is the lowest value across all 29 years on record.
That represents a change of down 1.8% on the previous year and down 25.8% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Palestine peaked at 4.87 international-$ in 2011 prices per US$ of GDP in 1994 and was at its lowest, 1.26 international-$ in 2011 prices per US$ of GDP, in 2022.
Palestine ranks 114th of 163 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), per unit of GDP (Bolt) in Palestine, year by year
| Year | international-$ in 2011 prices per US$ of GDP | Change |
|---|---|---|
| 1994 | 4.87 international-$ in 2011 prices per US$ of GDP | — |
| 1995 | 4.39 international-$ in 2011 prices per US$ of GDP | -9.7% |
| 1996 | 4.17 international-$ in 2011 prices per US$ of GDP | -5.2% |
| 1997 | 4.22 international-$ in 2011 prices per US$ of GDP | +1.2% |
| 1998 | 4.34 international-$ in 2011 prices per US$ of GDP | +2.9% |
| 1999 | 4.35 international-$ in 2011 prices per US$ of GDP | +0.4% |
| 2000 | 3.83 international-$ in 2011 prices per US$ of GDP | -11.9% |
| 2001 | 3.65 international-$ in 2011 prices per US$ of GDP | -4.9% |
| 2002 | 3.5 international-$ in 2011 prices per US$ of GDP | -4.1% |
| 2003 | 3.47 international-$ in 2011 prices per US$ of GDP | -0.6% |
| 2004 | 3.22 international-$ in 2011 prices per US$ of GDP | -7.4% |
| 2005 | 3.11 international-$ in 2011 prices per US$ of GDP | -3.2% |
| 2006 | 2.79 international-$ in 2011 prices per US$ of GDP | -10.4% |
| 2007 | 2.66 international-$ in 2011 prices per US$ of GDP | -4.6% |
| 2008 | 2.19 international-$ in 2011 prices per US$ of GDP | -17.9% |
| 2009 | 2.09 international-$ in 2011 prices per US$ of GDP | -4.4% |
| 2010 | 1.84 international-$ in 2011 prices per US$ of GDP | -12.2% |
| 2011 | 1.74 international-$ in 2011 prices per US$ of GDP | -5.3% |
| 2012 | 1.69 international-$ in 2011 prices per US$ of GDP | -2.6% |
| 2013 | 1.56 international-$ in 2011 prices per US$ of GDP | -7.7% |
| 2014 | 1.51 international-$ in 2011 prices per US$ of GDP | -3.5% |
| 2015 | 1.56 international-$ in 2011 prices per US$ of GDP | +3.6% |
| 2016 | 1.54 international-$ in 2011 prices per US$ of GDP | -1.6% |
| 2017 | 1.48 international-$ in 2011 prices per US$ of GDP | -3.6% |
| 2018 | 1.48 international-$ in 2011 prices per US$ of GDP | -0.1% |
| 2019 | 1.42 international-$ in 2011 prices per US$ of GDP | -3.7% |
| 2020 | 1.39 international-$ in 2011 prices per US$ of GDP | -2.2% |
| 2021 | 1.28 international-$ in 2011 prices per US$ of GDP | -8.2% |
| 2022 | 1.26 international-$ in 2011 prices per US$ of GDP | -1.8% |
Palestine compared with similar countries
- Palestine's 1.26 international-$ in 2011 prices per US$ of GDP is below the median for lower middle income countries, which is 1.87 international-$ in 2011 prices per US$ of GDP, 67% of the median. (41 countries reporting)
- Palestine's 1.26 international-$ in 2011 prices per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.86 international-$ in 2011 prices per US$ of GDP, 68% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.39 international-$ in 2011 prices per US$ of GDP | 4.17 international-$ in 2011 prices per US$ of GDP | 4.87 international-$ in 2011 prices per US$ of GDP | 6 |
| 2000s | 3.05 international-$ in 2011 prices per US$ of GDP | 2.09 international-$ in 2011 prices per US$ of GDP | 3.83 international-$ in 2011 prices per US$ of GDP | 10 |
| 2010s | 1.58 international-$ in 2011 prices per US$ of GDP | 1.42 international-$ in 2011 prices per US$ of GDP | 1.84 international-$ in 2011 prices per US$ of GDP | 10 |
| 2020s | 1.31 international-$ in 2011 prices per US$ of GDP | 1.26 international-$ in 2011 prices per US$ of GDP | 1.39 international-$ in 2011 prices per US$ of GDP | 3 |
Countries ranked near Palestine
- 111 Slovakia 1.3 international-$ in 2011 prices per US$ of GDP compare
- 112 Democratic Republic of Congo 1.3 international-$ in 2011 prices per US$ of GDP compare
- 113 Bahrain 1.26 international-$ in 2011 prices per US$ of GDP compare
- 115 Panama 1.24 international-$ in 2011 prices per US$ of GDP compare
- 116 Angola 1.23 international-$ in 2011 prices per US$ of GDP compare
- 117 Greece 1.21 international-$ in 2011 prices per US$ of GDP compare
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), per unit of gdp in Palestine?
- Gross domestic product (gdp), per unit of gdp in Palestine was 1.26 international-$ in 2011 prices per US$ of GDP in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Palestine?
- The highest recorded value was 4.87 international-$ in 2011 prices per US$ of GDP in 1994.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Palestine?
- The lowest recorded value was 1.26 international-$ in 2011 prices per US$ of GDP in 2022.
- How does Palestine rank for gross domestic product (gdp), per unit of gdp?
- Palestine ranks 114th out of 163 countries with data for 2022.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Palestine?
- Over the last ten years it is down 25.8%. 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), 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) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
- 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) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.