Gross National Income — Value Standard Local Currency in Palestine
Palestine: Gross National Income — Value Standard Local Currency was 21,506 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Palestine, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Palestine recorded 21,506 million SLC for gross national income — value standard local currency in 2023.
The figure is down 9.2% on the previous year and up 46.5% over ten years.
Over the whole period, gross national income — value standard local currency in Palestine peaked at 23,693 million SLC in 2022 and was at its lowest, 207.86 million SLC, in 1970.
That places Palestine 183rd 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 in Palestine, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 207.86 million SLC | — |
| 1971 | 252.76 million SLC | +21.6% |
| 1972 | 393.7 million SLC | +55.8% |
| 1973 | 495.26 million SLC | +25.8% |
| 1974 | 753.21 million SLC | +52.1% |
| 1975 | 785.62 million SLC | +4.3% |
| 1976 | 900.67 million SLC | +14.6% |
| 1977 | 933 million SLC | +3.6% |
| 1978 | 967.23 million SLC | +3.7% |
| 1979 | 1,183 million SLC | +22.3% |
| 1980 | 1,449 million SLC | +22.5% |
| 1981 | 1,403 million SLC | -3.1% |
| 1982 | 1,504 million SLC | +7.2% |
| 1983 | 1,602 million SLC | +6.5% |
| 1984 | 1,491 million SLC | -6.9% |
| 1985 | 1,370 million SLC | -8.1% |
| 1986 | 2,143 million SLC | +56.4% |
| 1987 | 2,502 million SLC | +16.7% |
| 1988 | 2,571 million SLC | +2.8% |
| 1989 | 2,478 million SLC | -3.6% |
| 1990 | 2,633 million SLC | +6.2% |
| 1991 | 2,817 million SLC | +7.0% |
| 1992 | 3,500 million SLC | +24.2% |
| 1993 | 3,761 million SLC | +7.5% |
| 1994 | 3,206 million SLC | -14.7% |
| 1995 | 3,723 million SLC | +16.1% |
| 1996 | 3,834 million SLC | +3.0% |
| 1997 | 4,280 million SLC | +11.6% |
| 1998 | 4,786 million SLC | +11.8% |
| 1999 | 5,025 million SLC | +5.0% |
| 2000 | 4,819 million SLC | -4.1% |
| 2001 | 4,323 million SLC | -10.3% |
| 2002 | 3,775 million SLC | -12.7% |
| 2003 | 4,213 million SLC | +11.6% |
| 2004 | 4,831 million SLC | +14.7% |
| 2005 | 5,475 million SLC | +13.3% |
| 2006 | 5,771 million SLC | +5.4% |
| 2007 | 6,368 million SLC | +10.4% |
| 2008 | 7,982 million SLC | +25.3% |
| 2009 | 8,618 million SLC | +8.0% |
| 2010 | 10,281 million SLC | +19.3% |
| 2011 | 11,936 million SLC | +16.1% |
| 2012 | 13,066 million SLC | +9.5% |
| 2013 | 14,676 million SLC | +12.3% |
| 2014 | 15,472 million SLC | +5.4% |
| 2015 | 15,685 million SLC | +1.4% |
| 2016 | 17,301 million SLC | +10.3% |
| 2017 | 18,257 million SLC | +5.5% |
| 2018 | 19,064 million SLC | +4.4% |
| 2019 | 20,165 million SLC | +5.8% |
| 2020 | 18,024 million SLC | -10.6% |
| 2021 | 21,736 million SLC | +20.6% |
| 2022 | 23,693 million SLC | +9.0% |
| 2023 | 21,506 million SLC | -9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 687.22 million SLC | 207.86 million SLC | 1,183 million SLC | 10 |
| 1980s | 1,852 million SLC | 1,370 million SLC | 2,571 million SLC | 10 |
| 1990s | 3,756 million SLC | 2,633 million SLC | 5,025 million SLC | 10 |
| 2000s | 5,617 million SLC | 3,775 million SLC | 8,618 million SLC | 10 |
| 2010s | 15,590 million SLC | 10,281 million SLC | 20,165 million SLC | 10 |
| 2020s | 21,240 million SLC | 18,024 million SLC | 23,693 million SLC | 4 |
Countries ranked near Palestine
- 180 Seychelles 29,780 million SLC compare
- 181 Cyprus 28,341 million SLC compare
- 182 Ethiopia PDR 23,954 million SLC compare
- 183 Palestine 21,506 million SLC compare
- 185 Greenland 20,384 million SLC compare
- 186 Brunei Darussalam 19,868 million SLC compare
- 186 Brunei 19,868 million SLC 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 Domestic Product — Value Standard Local Currency, 2015 prices -26.56 % change on previous year (2024)
Frequently asked questions
- What is gross national income — value standard local currency in Palestine?
- Gross national income — value standard local currency in Palestine was 21,506 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Palestine?
- The highest recorded value was 23,693 million SLC in 2022.
- What is the lowest gross national income — value standard local currency recorded in Palestine?
- The lowest recorded value was 207.86 million SLC in 1970.
- How does Palestine rank for gross national income — value standard local currency?
- Palestine ranks 183rd out of 231 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Palestine?
- Over the last ten years it is up 46.5%. 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 National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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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).