Gross Domestic Product — Value US$ per capita, 2015 prices (Gross) in Palestine
Palestine: Gross Domestic Product — Value US$ per capita, 2015 prices (Gross) was 1,974 USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ per capita, 2015 prices in Palestine, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Palestine recorded 1,974 USD for gross domestic product — value us$ per capita, 2015 prices in 2024.
Compared with earlier readings it is down 27.7% on the previous year and down 35.3% over ten years.
Over the whole period, gross domestic product — value us$ per capita, 2015 prices in Palestine peaked at 3,283 USD in 2016 and was at its lowest, 911.3 USD, in 1970.
That places Palestine 178th out of 228 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$ per capita, 2015 prices (Gross) in Palestine, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 911.3 USD | — |
| 1971 | 1,022 USD | +12.1% |
| 1972 | 1,163 USD | +13.9% |
| 1973 | 1,083 USD | -6.9% |
| 1974 | 1,280 USD | +18.2% |
| 1975 | 1,256 USD | -1.9% |
| 1976 | 1,407 USD | +12.0% |
| 1977 | 1,355 USD | -3.7% |
| 1978 | 1,489 USD | +9.9% |
| 1979 | 1,426 USD | -4.2% |
| 1980 | 1,588 USD | +11.4% |
| 1981 | 1,446 USD | -9.0% |
| 1982 | 1,522 USD | +5.2% |
| 1983 | 1,412 USD | -7.3% |
| 1984 | 1,421 USD | +0.7% |
| 1985 | 1,366 USD | -3.9% |
| 1986 | 1,590 USD | +16.4% |
| 1987 | 1,476 USD | -7.2% |
| 1988 | 1,382 USD | -6.4% |
| 1989 | 1,358 USD | -1.7% |
| 1990 | 1,553 USD | +14.3% |
| 1991 | 1,428 USD | -8.1% |
| 1992 | 1,696 USD | +18.8% |
| 1993 | 1,798 USD | +6.0% |
| 1994 | 2,000 USD | +11.2% |
| 1995 | 2,055 USD | +2.8% |
| 1996 | 1,996 USD | -2.8% |
| 1997 | 2,199 USD | +10.1% |
| 1998 | 2,426 USD | +10.3% |
| 1999 | 2,547 USD | +5.0% |
| 2000 | 2,259 USD | -11.3% |
| 2001 | 1,991 USD | -11.8% |
| 2002 | 1,700 USD | -14.6% |
| 2003 | 1,896 USD | +11.5% |
| 2004 | 2,260 USD | +19.2% |
| 2005 | 2,457 USD | +8.7% |
| 2006 | 2,374 USD | -3.4% |
| 2007 | 2,403 USD | +1.2% |
| 2008 | 2,520 USD | +4.8% |
| 2009 | 2,672 USD | +6.0% |
| 2010 | 2,759 USD | +3.3% |
| 2011 | 2,951 USD | +7.0% |
| 2012 | 3,057 USD | +3.6% |
| 2013 | 3,127 USD | +2.3% |
| 2014 | 3,051 USD | -2.4% |
| 2015 | 3,090 USD | +1.3% |
| 2016 | 3,283 USD | +6.3% |
| 2017 | 3,253 USD | -0.9% |
| 2018 | 3,219 USD | -1.0% |
| 2019 | 3,193 USD | -0.8% |
| 2020 | 2,769 USD | -13.3% |
| 2021 | 2,897 USD | +4.6% |
| 2022 | 2,947 USD | +1.7% |
| 2023 | 2,731 USD | -7.3% |
| 2024 | 1,974 USD | -27.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,239 USD | 911.3 USD | 1,489 USD | 10 |
| 1980s | 1,456 USD | 1,358 USD | 1,590 USD | 10 |
| 1990s | 1,970 USD | 1,428 USD | 2,547 USD | 10 |
| 2000s | 2,253 USD | 1,700 USD | 2,672 USD | 10 |
| 2010s | 3,098 USD | 2,759 USD | 3,283 USD | 10 |
| 2020s | 2,664 USD | 1,974 USD | 2,947 USD | 5 |
Countries ranked near Palestine
More economy & growth data for Palestine
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -30.74 % change on previous year (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 22.48 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 24.34 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 22.48 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 24.34 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency -30.22 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local -30.74 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -30.22 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -30.74 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices -26.56 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita, 2015 prices in Palestine?
- Gross domestic product — value us$ per capita, 2015 prices in Palestine was 1,974 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Palestine?
- The highest recorded value was 3,283 USD in 2016.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Palestine?
- The lowest recorded value was 911.3 USD in 1970.
- How does Palestine rank for gross domestic product — value us$ per capita, 2015 prices?
- Palestine ranks 178th out of 228 countries with data for 2024.
- Is gross domestic product — value us$ per capita, 2015 prices rising or falling in Palestine?
- Over the last ten years it is down 35.3%. The long-run trend across the full record is rising.
- Where does this Palestine data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).