Gross value added at basic prices (GVA) in Palestine, State of
Palestine, State of: Gross value added at basic prices (GVA) was 10.16 billion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Palestine, State of, 1994–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Palestine, State of is 10.16 billion constant 2015 US$, 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, State of peaked at 13.49 billion constant 2015 US$ in 2019 and was at its lowest, 4.84 billion constant 2015 US$, in 1996.
That places Palestine, State of 142nd out of 193 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Gross value added at basic prices (GVA) in Palestine, State of, year by year
| Year | constant 2015 US$ | 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% |
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, State of
- 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, State of
- Gross domestic savings (current US$), annual growth rate -10.26 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP -0.0766 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita -242.85 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -10.26 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP -0.0766 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita -242.85 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 11.62 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 3,250 current US$ per person (2025)
- GNI (current US$), annual growth rate 8.3 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Palestine, State of?
- Gross value added at basic prices (gva) in Palestine, State of was 10.16 billion constant 2015 US$ 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, State of?
- 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, State of?
- The lowest recorded value was 4.84 billion constant 2015 US$ in 1996.
- How does Palestine, State of rank for gross value added at basic prices (gva)?
- Palestine, State of ranks 142nd out of 193 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Palestine, State of?
- Over the last ten years it is down 15.0%. The long-run trend across the full record is rising.
- Where does this Palestine, State of 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.