Gross National Income — Value Standard Local Currency, annual growth in Palestine
Palestine: Gross National Income — Value Standard Local Currency, annual growth was -9.23 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Palestine, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Palestine recorded -9.23 % change on previous year for gross national income — value standard local currency, annual growth in 2023.
That represents a change of down 202.5% on the previous year and down 174.9% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Palestine peaked at 56.41 % change on previous year in 1986 and was at its lowest, -14.75 % change on previous year, in 1994.
That places Palestine 221st out of 231 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Palestine, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.6 % change on previous year | — |
| 1972 | 55.76 % change on previous year | +158.1% |
| 1973 | 25.8 % change on previous year | -53.7% |
| 1974 | 52.08 % change on previous year | +101.9% |
| 1975 | 4.3 % change on previous year | -91.7% |
| 1976 | 14.64 % change on previous year | +240.3% |
| 1977 | 3.59 % change on previous year | -75.5% |
| 1978 | 3.67 % change on previous year | +2.2% |
| 1979 | 22.29 % change on previous year | +507.5% |
| 1980 | 22.48 % change on previous year | +0.9% |
| 1981 | -3.15 % change on previous year | -114.0% |
| 1982 | 7.2 % change on previous year | -328.6% |
| 1983 | 6.52 % change on previous year | -9.4% |
| 1984 | -6.92 % change on previous year | -206.1% |
| 1985 | -8.11 % change on previous year | +17.2% |
| 1986 | 56.41 % change on previous year | -795.3% |
| 1987 | 16.75 % change on previous year | -70.3% |
| 1988 | 2.75 % change on previous year | -83.5% |
| 1989 | -3.61 % change on previous year | -231.2% |
| 1990 | 6.23 % change on previous year | -272.3% |
| 1991 | 7 % change on previous year | +12.5% |
| 1992 | 24.23 % change on previous year | +245.9% |
| 1993 | 7.46 % change on previous year | -69.2% |
| 1994 | -14.75 % change on previous year | -297.8% |
| 1995 | 16.11 % change on previous year | -209.3% |
| 1996 | 2.99 % change on previous year | -81.4% |
| 1997 | 11.64 % change on previous year | +288.8% |
| 1998 | 11.83 % change on previous year | +1.7% |
| 1999 | 4.98 % change on previous year | -57.9% |
| 2000 | -4.1 % change on previous year | -182.2% |
| 2001 | -10.3 % change on previous year | +151.4% |
| 2002 | -12.68 % change on previous year | +23.1% |
| 2003 | 11.6 % change on previous year | -191.5% |
| 2004 | 14.68 % change on previous year | +26.5% |
| 2005 | 13.32 % change on previous year | -9.3% |
| 2006 | 5.41 % change on previous year | -59.4% |
| 2007 | 10.35 % change on previous year | +91.3% |
| 2008 | 25.33 % change on previous year | +144.7% |
| 2009 | 7.97 % change on previous year | -68.5% |
| 2010 | 19.29 % change on previous year | +142.1% |
| 2011 | 16.1 % change on previous year | -16.6% |
| 2012 | 9.47 % change on previous year | -41.2% |
| 2013 | 12.32 % change on previous year | +30.1% |
| 2014 | 5.43 % change on previous year | -56.0% |
| 2015 | 1.37 % change on previous year | -74.7% |
| 2016 | 10.3 % change on previous year | +650.3% |
| 2017 | 5.53 % change on previous year | -46.4% |
| 2018 | 4.42 % change on previous year | -20.0% |
| 2019 | 5.77 % change on previous year | +30.6% |
| 2020 | -10.61 % change on previous year | -283.8% |
| 2021 | 20.59 % change on previous year | -294.0% |
| 2022 | 9 % change on previous year | -56.3% |
| 2023 | -9.23 % change on previous year | -202.5% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 1986 | +795.3% | -8.11 % change on previous year | 56.41 % change on previous year |
| 2016 | +650.3% | 1.37 % change on previous year | 10.3 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.64 % change on previous year | 3.59 % change on previous year | 55.76 % change on previous year | 9 |
| 1980s | 9.03 % change on previous year | -8.11 % change on previous year | 56.41 % change on previous year | 10 |
| 1990s | 7.77 % change on previous year | -14.75 % change on previous year | 24.23 % change on previous year | 10 |
| 2000s | 6.16 % change on previous year | -12.68 % change on previous year | 25.33 % change on previous year | 10 |
| 2010s | 9 % change on previous year | 1.37 % change on previous year | 19.29 % change on previous year | 10 |
| 2020s | 2.44 % change on previous year | -10.61 % change on previous year | 20.59 % change on previous year | 4 |
Countries ranked near Palestine
- 218 Gabon -5.15 % change on previous year compare
- 219 Azerbaijan -8.19 % change on previous year compare
- 220 Qatar -9.01 % change on previous year compare
- 221 Palestine -9.23 % change on previous year compare
- 223 Trinidad and Tobago -9.85 % change on previous year compare
- 224 Norway -10.19 % change on previous year compare
More economy & growth data for Palestine
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -30.74 % (2024)
- Gross Fixed Capital Formation — Value US$, 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$, 2015 prices 24.34 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 22.48 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 24.34 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency -30.22 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local -30.74 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -30.22 % (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -30.22 % change on previous year (2024)
Frequently asked questions
- What is gross national income — value standard local currency, annual growth in Palestine?
- Gross national income — value standard local currency, annual growth in Palestine was -9.23 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Palestine?
- The highest recorded value was 56.41 % change on previous year in 1986.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Palestine?
- The lowest recorded value was -14.75 % change on previous year in 1994.
- How does Palestine rank for gross national income — value standard local currency, annual growth?
- Palestine ranks 221st out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Palestine?
- Over the last ten years it is down 174.9%. The long-run trend across the full record is volatile.
- Where does this Palestine data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.