Gross domestic product (GDP), per unit of GDP in Palestine
Palestine: Gross domestic product (GDP), per unit of GDP was 1.99 international-$ in 2021 prices per US$ of GDP in 2023. ▼ Falling
Latest (2023)
1.99 international-$ in 2021 prices per US$ of GDP
Change on year
down 2.9%
World rank
99th
of 180 countries
All-time high
3.28 international-$ in 2021 prices per US$ of GDP
in 1999
All-time low
1.92 international-$ in 2021 prices per US$ of GDP
in 2011
Years of data
30
1994–2023
Gross domestic product (GDP), per unit of GDP in Palestine, 1994–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Palestine recorded 1.99 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023.
The figure is down 2.9% on the previous year and up 3.1% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Palestine peaked at 3.28 international-$ in 2021 prices per US$ of GDP in 1999 and was at its lowest, 1.92 international-$ in 2021 prices per US$ of GDP, in 2011.
Palestine ranks 99th of 180 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Gross domestic product (GDP), per unit of GDP in Palestine, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1994 | 3.24 international-$ in 2021 prices per US$ of GDP | — |
| 1995 | 3.01 international-$ in 2021 prices per US$ of GDP | -7.1% |
| 1996 | 2.89 international-$ in 2021 prices per US$ of GDP | -3.9% |
| 1997 | 3.02 international-$ in 2021 prices per US$ of GDP | +4.5% |
| 1998 | 3.18 international-$ in 2021 prices per US$ of GDP | +5.4% |
| 1999 | 3.28 international-$ in 2021 prices per US$ of GDP | +3.1% |
| 2000 | 2.95 international-$ in 2021 prices per US$ of GDP | -10.3% |
| 2001 | 2.86 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 2002 | 2.87 international-$ in 2021 prices per US$ of GDP | +0.5% |
| 2003 | 2.94 international-$ in 2021 prices per US$ of GDP | +2.2% |
| 2004 | 3.01 international-$ in 2021 prices per US$ of GDP | +2.3% |
| 2005 | 2.96 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 2006 | 2.82 international-$ in 2021 prices per US$ of GDP | -4.8% |
| 2007 | 2.66 international-$ in 2021 prices per US$ of GDP | -5.7% |
| 2008 | 2.34 international-$ in 2021 prices per US$ of GDP | -12.2% |
| 2009 | 2.27 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 2010 | 1.99 international-$ in 2021 prices per US$ of GDP | -12.2% |
| 2011 | 1.92 international-$ in 2021 prices per US$ of GDP | -3.5% |
| 2012 | 2.11 international-$ in 2021 prices per US$ of GDP | +9.9% |
| 2013 | 1.93 international-$ in 2021 prices per US$ of GDP | -8.4% |
| 2014 | 1.92 international-$ in 2021 prices per US$ of GDP | -0.5% |
| 2015 | 2.16 international-$ in 2021 prices per US$ of GDP | +12.4% |
| 2016 | 2.1 international-$ in 2021 prices per US$ of GDP | -2.7% |
| 2017 | 2.04 international-$ in 2021 prices per US$ of GDP | -3.2% |
| 2018 | 2.1 international-$ in 2021 prices per US$ of GDP | +3.1% |
| 2019 | 2.38 international-$ in 2021 prices per US$ of GDP | +13.2% |
| 2020 | 2.47 international-$ in 2021 prices per US$ of GDP | +3.9% |
| 2021 | 2.08 international-$ in 2021 prices per US$ of GDP | -15.8% |
| 2022 | 2.05 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 2023 | 1.99 international-$ in 2021 prices per US$ of GDP | -2.9% |
Palestine compared with similar countries
- Palestine's 1.99 international-$ in 2021 prices per US$ of GDP is below the median for lower middle income countries, which is 2.55 international-$ in 2021 prices per US$ of GDP, 78% of the median. (42 countries reporting)
- Palestine's 1.99 international-$ in 2021 prices per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.08 international-$ in 2021 prices per US$ of GDP, 96% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.1 international-$ in 2021 prices per US$ of GDP | 2.89 international-$ in 2021 prices per US$ of GDP | 3.28 international-$ in 2021 prices per US$ of GDP | 6 |
| 2000s | 2.77 international-$ in 2021 prices per US$ of GDP | 2.27 international-$ in 2021 prices per US$ of GDP | 3.01 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 2.07 international-$ in 2021 prices per US$ of GDP | 1.92 international-$ in 2021 prices per US$ of GDP | 2.38 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 2.15 international-$ in 2021 prices per US$ of GDP | 1.99 international-$ in 2021 prices per US$ of GDP | 2.47 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Palestine
- 96 Yemen 2.03 international-$ in 2021 prices per US$ of GDP compare
- 97 Venezuela 2.03 international-$ in 2021 prices per US$ of GDP compare
- 98 Honduras 2 international-$ in 2021 prices per US$ of GDP compare
- 100 Cape Verde 1.98 international-$ in 2021 prices per US$ of GDP compare
- 101 Panama 1.96 international-$ in 2021 prices per US$ of GDP compare
- 102 Argentina 1.91 international-$ in 2021 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 1.99 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Palestine?
- The highest recorded value was 3.28 international-$ in 2021 prices per US$ of GDP in 1999.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Palestine?
- The lowest recorded value was 1.92 international-$ in 2021 prices per US$ of GDP in 2011.
- How does Palestine rank for gross domestic product (gdp), per unit of gdp?
- Palestine ranks 99th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Palestine?
- Over the last ten years it is up 3.1%. 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) Feenstra et al. – Penn World Table (2025) – 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.