Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Palestine, State of

Palestine, State of: Gross Fixed Capital Formation — Share of GDP Standard Local Currency was 22.48 % in 2024. ▼ Falling

Latest (2024)
22.48 %
Change on year
down 9.2%
World rank
103rd
of 202 countries
All-time high
43.86 %
in 1980
All-time low
15.17 %
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Palestine, State of, 1970–2024

203040197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, gross fixed capital formation — share of gdp standard local currency in Palestine, State of stood at 22.48 %.

The figure is down 9.2% on the previous year and up 6.2% over ten years.

Over the whole period, gross fixed capital formation — share of gdp standard local currency in Palestine, State of peaked at 43.86 % in 1980 and was at its lowest, 15.17 %, in 1970.

That places Palestine, State of 103rd out of 202 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 55 years of available data.

Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Palestine, State of, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Palestine, State of, 1970 to 2024.
Year % Change
1970 15.17 %
1971 18.64 % +22.9%
1972 28.7 % +53.9%
1973 28.94 % +0.8%
1974 38.17 % +31.9%
1975 31.84 % -16.6%
1976 34.34 % +7.9%
1977 34.88 % +1.6%
1978 38.99 % +11.8%
1979 38.35 % -1.6%
1980 43.86 % +14.4%
1981 37.47 % -14.6%
1982 39.68 % +5.9%
1983 38.45 % -3.1%
1984 35.47 % -7.8%
1985 38.11 % +7.5%
1986 40.26 % +5.6%
1987 37.9 % -5.9%
1988 38 % +0.3%
1989 38.02 % +0.0%
1990 38.46 % +1.2%
1991 38.52 % +0.2%
1992 38.07 % -1.2%
1993 38.07 % -0.0%
1994 38.85 % +2.0%
1995 36.02 % -7.3%
1996 34.63 % -3.9%
1997 32.77 % -5.4%
1998 32.11 % -2.0%
1999 39.38 % +22.6%
2000 30.64 % -22.2%
2001 29.05 % -5.2%
2002 25.38 % -12.6%
2003 27.95 % +10.1%
2004 24.15 % -13.6%
2005 23.86 % -1.2%
2006 20.95 % -12.2%
2007 19.96 % -4.7%
2008 17.97 % -10.0%
2009 18.19 % +1.3%
2010 18.85 % +3.6%
2011 21.08 % +11.8%
2012 20.47 % -2.9%
2013 21.72 % +6.1%
2014 21.16 % -2.6%
2015 23.65 % +11.8%
2016 23.98 % +1.4%
2017 26 % +8.4%
2018 26.82 % +3.1%
2019 25.24 % -5.9%
2020 22.72 % -10.0%
2021 23.87 % +5.1%
2022 25.02 % +4.8%
2023 24.75 % -1.1%
2024 22.48 % -9.2%

Palestine, State of compared with similar countries

  • Palestine, State of's 22.48 % is below the median for lower middle income countries, which is 23.39 %, 96% of the median. (41 countries reporting)
  • Palestine, State of's 22.48 % is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 20.74 %, 1.1× the median. (21 countries reporting)

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Palestine, State of changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1972 +53.9% 18.64 % 28.7 %

Averages by decade

DecadeAverage LowestHighest Years
1970s 30.8 % 15.17 % 38.99 % 10
1980s 38.72 % 35.47 % 43.86 % 10
1990s 36.69 % 32.11 % 39.38 % 10
2000s 23.81 % 17.97 % 30.64 % 10
2010s 22.9 % 18.85 % 26.82 % 10
2020s 23.77 % 22.48 % 25.02 % 5

Countries ranked near Palestine, State of

  1. 100 Madagascar 22.61 % compare
  2. 101 Lithuania 22.6 % compare
  3. 102 Russian Federation 22.52 % compare
  4. 104 France 22.36 % compare
  5. 105 Denmark 22.35 % compare
  6. 106 Thailand 22.28 % compare

See the full ranking of 217 places →

More economy & growth data for Palestine, State of

All data for Palestine, State of →

Frequently asked questions

What is gross fixed capital formation — share of gdp standard local currency in Palestine, State of?
Gross fixed capital formation — share of gdp standard local currency in Palestine, State of was 22.48 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp standard local currency recorded in Palestine, State of?
The highest recorded value was 43.86 % in 1980.
What is the lowest gross fixed capital formation — share of gdp standard local currency recorded in Palestine, State of?
The lowest recorded value was 15.17 % in 1970.
How does Palestine, State of rank for gross fixed capital formation — share of gdp standard local currency?
Palestine, State of ranks 103rd out of 202 countries with data for 2024.
Is gross fixed capital formation — share of gdp standard local currency rising or falling in Palestine, State of?
Over the last ten years it is up 6.2%. The long-run trend across the full record is falling.
Where does this Palestine, State of data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP Standard Local Currency. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Palestine, State of. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 14 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-standard-local-currency/west-bank-and-gaza/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP Standard Local Currency
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
217 places, 10,994 data points, 1970–2024
Last refreshed

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).