Gross Fixed Capital Formation — Value US$ in Palestine

Palestine: Gross Fixed Capital Formation — Value US$ was 3,004 million USD in 2024. ◆ Volatile

Latest (2024)
3,004 million USD
Change on year
down 30.2%
World rank
138th
of 203 countries
All-time high
4,795 million USD
in 2022
All-time low
26.91 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Palestine, 1970–2024

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

Analysis

The most recent figure for gross fixed capital formation — value us$ in Palestine is 3,004 million USD, measured 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 us$ in Palestine peaked at 4,795 million USD in 2022 and was at its lowest, 26.91 million USD, in 1970.

That places Palestine 138th out of 203 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value US$ in Palestine, year by year

Annual values for Gross Fixed Capital Formation — Value US$ in Palestine, 1970 to 2024.
Year million USD Change
1970 26.91 million USD
1971 37.94 million USD +41.0%
1972 84.75 million USD +123.4%
1973 106.56 million USD +25.7%
1974 220.12 million USD +106.6%
1975 184.32 million USD -16.3%
1976 233.62 million USD +26.7%
1977 244.34 million USD +4.6%
1978 283.96 million USD +16.2%
1979 324.5 million USD +14.3%
1980 471.02 million USD +45.2%
1981 371.53 million USD -21.1%
1982 418.23 million USD +12.6%
1983 420.51 million USD +0.5%
1984 381.63 million USD -9.2%
1985 382.89 million USD +0.3%
1986 649.33 million USD +69.6%
1987 673.97 million USD +3.8%
1988 713.2 million USD +5.8%
1989 677.87 million USD -5.0%
1990 744.53 million USD +9.8%
1991 803.85 million USD +8.0%
1992 979.75 million USD +21.9%
1993 1,055 million USD +7.7%
1994 1,104 million USD +4.7%
1995 1,182 million USD +7.1%
1996 1,181 million USD -0.2%
1997 1,232 million USD +4.3%
1998 1,306 million USD +6.0%
1999 1,682 million USD +28.8%
2000 1,322 million USD -21.4%
2001 1,163 million USD -12.0%
2002 902.5 million USD -22.4%
2003 1,109 million USD +22.9%
2004 1,112 million USD +0.2%
2005 1,223 million USD +10.0%
2006 1,121 million USD -8.4%
2007 1,161 million USD +3.6%
2008 1,314 million USD +13.2%
2009 1,471 million USD +12.0%
2010 1,825 million USD +24.1%
2011 2,358 million USD +29.2%
2012 2,499 million USD +6.0%
2013 2,936 million USD +17.5%
2014 2,960 million USD +0.8%
2015 3,305 million USD +11.6%
2016 3,694 million USD +11.8%
2017 4,193 million USD +13.5%
2018 4,365 million USD +4.1%
2019 4,324 million USD -0.9%
2020 3,529 million USD -18.4%
2021 4,324 million USD +22.5%
2022 4,795 million USD +10.9%
2023 4,306 million USD -10.2%
2024 3,004 million USD -30.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 174.7 million USD 26.91 million USD 324.5 million USD 10
1980s 516.02 million USD 371.53 million USD 713.2 million USD 10
1990s 1,127 million USD 744.53 million USD 1,682 million USD 10
2000s 1,190 million USD 902.5 million USD 1,471 million USD 10
2010s 3,246 million USD 1,825 million USD 4,365 million USD 10
2020s 3,991 million USD 3,004 million USD 4,795 million USD 5

Countries ranked near Palestine

  1. 135 Afghanistan 3,137 million USD compare
  2. 136 New Caledonia 3,088 million USD compare
  3. 137 Trinidad and Tobago 3,015 million USD compare
  4. 139 Somalia 2,841 million USD compare
  5. 140 Haiti 2,516 million USD compare
  6. 141 Guyana 2,508 million USD compare

See the full ranking of 251 places →

More economy & growth data for Palestine

All data for Palestine →

Frequently asked questions

What is gross fixed capital formation — value us$ in Palestine?
Gross fixed capital formation — value us$ in Palestine was 3,004 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$ recorded in Palestine?
The highest recorded value was 4,795 million USD in 2022.
What is the lowest gross fixed capital formation — value us$ recorded in Palestine?
The lowest recorded value was 26.91 million USD in 1970.
How does Palestine rank for gross fixed capital formation — value us$?
Palestine ranks 138th out of 203 countries with data for 2024.
Is gross fixed capital formation — value us$ 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 US$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$ in Palestine. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us/west-bank-and-gaza/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 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).