Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Palestine, State of
Palestine, State of: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 2,641 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Palestine, State of, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Palestine, State of is 2,641 million SLC, measured in 2024.
The figure is down 30.7% on the previous year and down 8.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Palestine, State of peaked at 4,016 million SLC in 2018 and was at its lowest, 131.59 million SLC, in 1970.
That places Palestine, State of 160th out of 194 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Palestine, State of, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 131.59 million SLC | — |
| 1971 | 184.17 million SLC | +40.0% |
| 1972 | 331.54 million SLC | +80.0% |
| 1973 | 321.27 million SLC | -3.1% |
| 1974 | 517.12 million SLC | +61.0% |
| 1975 | 436.19 million SLC | -15.6% |
| 1976 | 542.39 million SLC | +24.3% |
| 1977 | 545.34 million SLC | +0.5% |
| 1978 | 687.8 million SLC | +26.1% |
| 1979 | 665.89 million SLC | -3.2% |
| 1980 | 872.66 million SLC | +31.1% |
| 1981 | 698.88 million SLC | -19.9% |
| 1982 | 803.75 million SLC | +15.0% |
| 1983 | 749.12 million SLC | -6.8% |
| 1984 | 725.75 million SLC | -3.1% |
| 1985 | 774.9 million SLC | +6.8% |
| 1986 | 976.77 million SLC | +26.1% |
| 1987 | 895.17 million SLC | -8.4% |
| 1988 | 885.18 million SLC | -1.1% |
| 1989 | 905.22 million SLC | +2.3% |
| 1990 | 1,090 million SLC | +20.4% |
| 1991 | 1,045 million SLC | -4.1% |
| 1992 | 1,280 million SLC | +22.4% |
| 1993 | 1,415 million SLC | +10.6% |
| 1994 | 1,675 million SLC | +18.4% |
| 1995 | 1,646 million SLC | -1.7% |
| 1996 | 1,664 million SLC | +1.1% |
| 1997 | 1,850 million SLC | +11.2% |
| 1998 | 2,131 million SLC | +15.2% |
| 1999 | 2,897 million SLC | +35.9% |
| 2000 | 2,138 million SLC | -26.2% |
| 2001 | 1,701 million SLC | -20.4% |
| 2002 | 1,422 million SLC | -16.4% |
| 2003 | 1,813 million SLC | +27.5% |
| 2004 | 1,754 million SLC | -3.2% |
| 2005 | 1,906 million SLC | +8.7% |
| 2006 | 1,766 million SLC | -7.4% |
| 2007 | 1,364 million SLC | -22.7% |
| 2008 | 1,842 million SLC | +35.0% |
| 2009 | 2,184 million SLC | +18.6% |
| 2010 | 2,044 million SLC | -6.4% |
| 2011 | 2,492 million SLC | +21.9% |
| 2012 | 2,998 million SLC | +20.3% |
| 2013 | 3,054 million SLC | +1.9% |
| 2014 | 2,892 million SLC | -5.3% |
| 2015 | 3,305 million SLC | +14.3% |
| 2016 | 3,666 million SLC | +10.9% |
| 2017 | 3,918 million SLC | +6.9% |
| 2018 | 4,016 million SLC | +2.5% |
| 2019 | 3,911 million SLC | -2.6% |
| 2020 | 3,093 million SLC | -20.9% |
| 2021 | 3,518 million SLC | +13.7% |
| 2022 | 3,948 million SLC | +12.2% |
| 2023 | 3,813 million SLC | -3.4% |
| 2024 | 2,641 million SLC | -30.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 436.33 million SLC | 131.59 million SLC | 687.8 million SLC | 10 |
| 1980s | 828.74 million SLC | 698.88 million SLC | 976.77 million SLC | 10 |
| 1990s | 1,669 million SLC | 1,045 million SLC | 2,897 million SLC | 10 |
| 2000s | 1,789 million SLC | 1,364 million SLC | 2,184 million SLC | 10 |
| 2010s | 3,230 million SLC | 2,044 million SLC | 4,016 million SLC | 10 |
| 2020s | 3,403 million SLC | 2,641 million SLC | 3,948 million SLC | 5 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- Households and NPISHs Final consumption expenditure (current LCU) 8.01 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.9061 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 2,873 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.81 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.6313 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2,002 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 7.39 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 1.08 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 3,414 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 7.39 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Palestine, State of?
- Gross fixed capital formation — value standard local currency, 2015 in Palestine, State of was 2,641 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Palestine, State of?
- The highest recorded value was 4,016 million SLC in 2018.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Palestine, State of?
- The lowest recorded value was 131.59 million SLC in 1970.
- How does Palestine, State of rank for gross fixed capital formation — value standard local currency, 2015?
- Palestine, State of ranks 160th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Palestine, State of?
- Over the last ten years it is down 8.7%. The long-run trend across the full record is volatile.
- 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 — Value Standard Local Currency, 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).