Gross value added at basic prices (GVA) (constant 2015 US$) in Palestine
Palestine: Gross value added at basic prices (GVA) (constant 2015 US$) was 10.16 billion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Palestine, 1994–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Palestine is 10.16 billion constant 2015 US$, measured in 2025.
Compared with earlier readings it is up 5.0% on the previous year and down 15.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Palestine peaked at 13.49 billion constant 2015 US$ in 2019 and was at its lowest, 4.84 billion constant 2015 US$, in 1996.
That places Palestine 142nd out of 194 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in Palestine, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1994 | 5.02 billion constant 2015 US$ | — |
| 1995 | 4.97 billion constant 2015 US$ | -1.0% |
| 1996 | 4.84 billion constant 2015 US$ | -2.5% |
| 1997 | 5.41 billion constant 2015 US$ | +11.8% |
| 1998 | 6.14 billion constant 2015 US$ | +13.4% |
| 1999 | 6.62 billion constant 2015 US$ | +7.9% |
| 2000 | 6.00 billion constant 2015 US$ | -9.4% |
| 2001 | 5.69 billion constant 2015 US$ | -5.3% |
| 2002 | 5.10 billion constant 2015 US$ | -10.3% |
| 2003 | 5.74 billion constant 2015 US$ | +12.7% |
| 2004 | 6.88 billion constant 2015 US$ | +19.7% |
| 2005 | 7.58 billion constant 2015 US$ | +10.3% |
| 2006 | 7.51 billion constant 2015 US$ | -1.0% |
| 2007 | 7.65 billion constant 2015 US$ | +1.9% |
| 2008 | 8.05 billion constant 2015 US$ | +5.3% |
| 2009 | 8.82 billion constant 2015 US$ | +9.6% |
| 2010 | 9.46 billion constant 2015 US$ | +7.2% |
| 2011 | 10.70 billion constant 2015 US$ | +13.1% |
| 2012 | 11.38 billion constant 2015 US$ | +6.4% |
| 2013 | 11.98 billion constant 2015 US$ | +5.2% |
| 2014 | 11.71 billion constant 2015 US$ | -2.3% |
| 2015 | 11.95 billion constant 2015 US$ | +2.0% |
| 2016 | 13.05 billion constant 2015 US$ | +9.2% |
| 2017 | 13.07 billion constant 2015 US$ | +0.2% |
| 2018 | 13.32 billion constant 2015 US$ | +1.9% |
| 2019 | 13.49 billion constant 2015 US$ | +1.3% |
| 2020 | 11.88 billion constant 2015 US$ | -12.0% |
| 2021 | 12.62 billion constant 2015 US$ | +6.2% |
| 2022 | 12.80 billion constant 2015 US$ | +1.4% |
| 2023 | 12.39 billion constant 2015 US$ | -3.2% |
| 2024 | 9.68 billion constant 2015 US$ | -21.8% |
| 2025 | 10.16 billion constant 2015 US$ | +5.0% |
Palestine compared with similar countries
- Palestine's 10.16 billion constant 2015 US$ is below the median for lower middle income countries, which is 25.04 billion constant 2015 US$, 41% of the median. (46 countries reporting)
- Palestine's 10.16 billion constant 2015 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 96.66 billion constant 2015 US$, 11% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.50 billion constant 2015 US$ | 4.84 billion constant 2015 US$ | 6.62 billion constant 2015 US$ | 6 |
| 2000s | 6.90 billion constant 2015 US$ | 5.10 billion constant 2015 US$ | 8.82 billion constant 2015 US$ | 10 |
| 2010s | 12.01 billion constant 2015 US$ | 9.46 billion constant 2015 US$ | 13.49 billion constant 2015 US$ | 10 |
| 2020s | 11.59 billion constant 2015 US$ | 9.68 billion constant 2015 US$ | 12.80 billion constant 2015 US$ | 6 |
Countries ranked near Palestine
- 139 Malawi 11.42 billion constant 2015 US$ compare
- 140 Namibia 11.30 billion constant 2015 US$ compare
- 141 North Macedonia 10.78 billion constant 2015 US$ compare
- 143 Congo 10.12 billion constant 2015 US$ compare
- 144 Sierra Leone 9.97 billion constant 2015 US$ compare
- 145 Kyrgyzstan 9.64 billion constant 2015 US$ compare
More economy & growth data for Palestine
- Foreign direct investment, net outflows (BoP, current US$), gaps 14.66 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 329.83 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 103.37 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0192 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 60.93 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 37.44 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1063 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 337.15 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Palestine?
- Gross value added at basic prices (gva) in Palestine was 10.16 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Palestine?
- The highest recorded value was 13.49 billion constant 2015 US$ in 2019.
- What is the lowest gross value added at basic prices (gva) recorded in Palestine?
- The lowest recorded value was 4.84 billion constant 2015 US$ in 1996.
- How does Palestine rank for gross value added at basic prices (gva)?
- Palestine ranks 142nd out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Palestine?
- Over the last ten years it is down 15.0%. The long-run trend across the full record is rising.
- Where does this Palestine data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.