Gross Fixed Capital Formation — Value Standard Local Currency in Palestine
Palestine: Gross Fixed Capital Formation — Value Standard Local Currency was 3,004 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Palestine, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Palestine recorded 3,004 million SLC for gross fixed capital formation — value standard local currency in 2024.
Compared with earlier readings it is down 30.2% on the previous year and up 1.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Palestine peaked at 4,795 million SLC in 2022 and was at its lowest, 26.91 million SLC, in 1970.
Palestine ranks 189th of 230 countries on this measure, 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 in Palestine, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 26.91 million SLC | — |
| 1971 | 37.94 million SLC | +41.0% |
| 1972 | 84.75 million SLC | +123.4% |
| 1973 | 106.56 million SLC | +25.7% |
| 1974 | 220.12 million SLC | +106.6% |
| 1975 | 184.32 million SLC | -16.3% |
| 1976 | 233.62 million SLC | +26.7% |
| 1977 | 244.34 million SLC | +4.6% |
| 1978 | 283.96 million SLC | +16.2% |
| 1979 | 324.5 million SLC | +14.3% |
| 1980 | 471.02 million SLC | +45.2% |
| 1981 | 371.53 million SLC | -21.1% |
| 1982 | 418.23 million SLC | +12.6% |
| 1983 | 420.51 million SLC | +0.5% |
| 1984 | 381.63 million SLC | -9.2% |
| 1985 | 382.89 million SLC | +0.3% |
| 1986 | 649.33 million SLC | +69.6% |
| 1987 | 673.97 million SLC | +3.8% |
| 1988 | 713.2 million SLC | +5.8% |
| 1989 | 677.87 million SLC | -5.0% |
| 1990 | 744.53 million SLC | +9.8% |
| 1991 | 803.85 million SLC | +8.0% |
| 1992 | 979.75 million SLC | +21.9% |
| 1993 | 1,055 million SLC | +7.7% |
| 1994 | 1,104 million SLC | +4.7% |
| 1995 | 1,182 million SLC | +7.1% |
| 1996 | 1,181 million SLC | -0.2% |
| 1997 | 1,232 million SLC | +4.3% |
| 1998 | 1,306 million SLC | +6.0% |
| 1999 | 1,682 million SLC | +28.8% |
| 2000 | 1,322 million SLC | -21.4% |
| 2001 | 1,163 million SLC | -12.0% |
| 2002 | 902.5 million SLC | -22.4% |
| 2003 | 1,109 million SLC | +22.9% |
| 2004 | 1,112 million SLC | +0.2% |
| 2005 | 1,223 million SLC | +10.0% |
| 2006 | 1,121 million SLC | -8.4% |
| 2007 | 1,161 million SLC | +3.6% |
| 2008 | 1,314 million SLC | +13.2% |
| 2009 | 1,471 million SLC | +12.0% |
| 2010 | 1,825 million SLC | +24.1% |
| 2011 | 2,358 million SLC | +29.2% |
| 2012 | 2,499 million SLC | +6.0% |
| 2013 | 2,936 million SLC | +17.5% |
| 2014 | 2,960 million SLC | +0.8% |
| 2015 | 3,305 million SLC | +11.6% |
| 2016 | 3,694 million SLC | +11.8% |
| 2017 | 4,193 million SLC | +13.5% |
| 2018 | 4,365 million SLC | +4.1% |
| 2019 | 4,324 million SLC | -0.9% |
| 2020 | 3,529 million SLC | -18.4% |
| 2021 | 4,324 million SLC | +22.5% |
| 2022 | 4,795 million SLC | +10.9% |
| 2023 | 4,306 million SLC | -10.2% |
| 2024 | 3,004 million SLC | -30.2% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency in Palestine 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.
| Year | Change | From | To |
|---|---|---|---|
| 1972 | +123.4% | 37.94 million SLC | 84.75 million SLC |
| 1974 | +106.6% | 106.56 million SLC | 220.12 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 174.7 million SLC | 26.91 million SLC | 324.5 million SLC | 10 |
| 1980s | 516.02 million SLC | 371.53 million SLC | 713.2 million SLC | 10 |
| 1990s | 1,127 million SLC | 744.53 million SLC | 1,682 million SLC | 10 |
| 2000s | 1,190 million SLC | 902.5 million SLC | 1,471 million SLC | 10 |
| 2010s | 3,246 million SLC | 1,825 million SLC | 4,365 million SLC | 10 |
| 2020s | 3,991 million SLC | 3,004 million SLC | 4,795 million SLC | 5 |
Countries ranked near Palestine
- 186 Solomon Islands 3,424 million SLC compare
- 187 Bahamas 3,423 million SLC compare
- 188 Ethiopia PDR 3,387 million SLC compare
- 189 Palestine, State of 3,004 million SLC compare
- 191 Eritrea 2,623 million SLC compare
- 192 Netherlands Antilles (former) 2,504 million SLC compare
More economy & growth data for Palestine
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 22.48 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -27.71 % (2024)
- Gross Fixed Capital Formation — Value US$ 3,004 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 2,641 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 2,641 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 22.48 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 24.34 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local -30.74 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -30.74 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -30.22 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Palestine?
- Gross fixed capital formation — value standard local currency in Palestine was 3,004 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 recorded in Palestine?
- The highest recorded value was 4,795 million SLC in 2022.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Palestine?
- The lowest recorded value was 26.91 million SLC in 1970.
- How does Palestine rank for gross fixed capital formation — value standard local currency?
- Palestine ranks 189th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Palestine?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is volatile.
- Where does this Palestine 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).