Gross Domestic Product — Value Standard Local Currency, 2015 prices in Palestine
Palestine: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0021 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Palestine, 1990–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Palestine stood at 0.0021 million SLC per person.
The figure is down 28.3% on the previous year and down 36.4% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Palestine peaked at 0.0035 million SLC per person in 2016 and was at its lowest, 0.0015 million SLC per person, in 1991.
Palestine ranks 190th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Palestine, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1990 | 0.0017 million SLC per person | — |
| 1991 | 0.0015 million SLC per person | -8.4% |
| 1992 | 0.0018 million SLC per person | +18.5% |
| 1993 | 0.0019 million SLC per person | +5.7% |
| 1994 | 0.0021 million SLC per person | +10.9% |
| 1995 | 0.0022 million SLC per person | +2.4% |
| 1996 | 0.0021 million SLC per person | -3.2% |
| 1997 | 0.0023 million SLC per person | +9.6% |
| 1998 | 0.0026 million SLC per person | +11.4% |
| 1999 | 0.0027 million SLC per person | +5.5% |
| 2000 | 0.0024 million SLC per person | -10.9% |
| 2001 | 0.0022 million SLC per person | -11.6% |
| 2002 | 0.0018 million SLC per person | -14.7% |
| 2003 | 0.002 million SLC per person | +11.1% |
| 2004 | 0.0024 million SLC per person | +18.8% |
| 2005 | 0.0026 million SLC per person | +8.5% |
| 2006 | 0.0025 million SLC per person | -3.5% |
| 2007 | 0.0026 million SLC per person | +1.2% |
| 2008 | 0.0027 million SLC per person | +4.5% |
| 2009 | 0.0028 million SLC per person | +5.7% |
| 2010 | 0.0029 million SLC per person | +3.1% |
| 2011 | 0.0031 million SLC per person | +6.9% |
| 2012 | 0.0032 million SLC per person | +3.5% |
| 2013 | 0.0033 million SLC per person | +2.2% |
| 2014 | 0.0032 million SLC per person | -2.5% |
| 2015 | 0.0033 million SLC per person | +1.4% |
| 2016 | 0.0035 million SLC per person | +6.4% |
| 2017 | 0.0035 million SLC per person | -0.6% |
| 2018 | 0.0034 million SLC per person | -1.3% |
| 2019 | 0.0034 million SLC per person | -1.2% |
| 2020 | 0.0029 million SLC per person | -13.5% |
| 2021 | 0.0031 million SLC per person | +4.4% |
| 2022 | 0.0031 million SLC per person | +1.6% |
| 2023 | 0.0029 million SLC per person | -7.7% |
| 2024 | 0.0021 million SLC per person | -28.3% |
Palestine compared with similar countries
- Palestine's 0.0021 million SLC per person is below the median for lower middle income countries, which is 0.1359 million SLC per person, 2% of the median. (44 countries reporting)
- Palestine's 0.0021 million SLC per person is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0592 million SLC per person, 3% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0021 million SLC per person | 0.0015 million SLC per person | 0.0027 million SLC per person | 10 |
| 2000s | 0.0024 million SLC per person | 0.0018 million SLC per person | 0.0028 million SLC per person | 10 |
| 2010s | 0.0033 million SLC per person | 0.0029 million SLC per person | 0.0035 million SLC per person | 10 |
| 2020s | 0.0028 million SLC per person | 0.0021 million SLC per person | 0.0031 million SLC per person | 5 |
Countries ranked near Palestine
- 187 El Salvador 0.0046 million SLC per person compare
- 188 Jordan 0.0028 million SLC per person compare
- 189 Kiribati 0.0027 million SLC per person compare
- 191 South Sudan 0.0015 million SLC per person compare
- 192 Zimbabwe 0.0014 million SLC per person compare
- 193 East Timor 0.0012 million SLC per person 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 — value standard local currency, 2015 prices in Palestine?
- Gross domestic product — value standard local currency, 2015 prices in Palestine was 0.0021 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Palestine?
- The highest recorded value was 0.0035 million SLC per person in 2016.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Palestine?
- The lowest recorded value was 0.0015 million SLC per person in 1991.
- How does Palestine rank for gross domestic product — value standard local currency, 2015 prices?
- Palestine ranks 190th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Palestine?
- Over the last ten years it is down 36.4%. 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 — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.