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 LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Palestine, State of, 1994–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Palestine, State of stood at 10.16 billion constant LCU.
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 LCU in 2019 and was at its lowest, 4.84 billion constant LCU, in 1996.
That places Palestine, State of 167th out of 196 countries with data for 2025, putting it in the bottom quarter.
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 LCU | Change |
|---|---|---|
| 1994 | 5.02 billion constant LCU | — |
| 1995 | 4.97 billion constant LCU | -1.0% |
| 1996 | 4.84 billion constant LCU | -2.5% |
| 1997 | 5.41 billion constant LCU | +11.8% |
| 1998 | 6.14 billion constant LCU | +13.4% |
| 1999 | 6.62 billion constant LCU | +7.9% |
| 2000 | 6.00 billion constant LCU | -9.4% |
| 2001 | 5.69 billion constant LCU | -5.3% |
| 2002 | 5.10 billion constant LCU | -10.3% |
| 2003 | 5.74 billion constant LCU | +12.7% |
| 2004 | 6.88 billion constant LCU | +19.7% |
| 2005 | 7.58 billion constant LCU | +10.3% |
| 2006 | 7.51 billion constant LCU | -1.0% |
| 2007 | 7.65 billion constant LCU | +1.9% |
| 2008 | 8.05 billion constant LCU | +5.3% |
| 2009 | 8.82 billion constant LCU | +9.6% |
| 2010 | 9.46 billion constant LCU | +7.2% |
| 2011 | 10.70 billion constant LCU | +13.1% |
| 2012 | 11.38 billion constant LCU | +6.4% |
| 2013 | 11.98 billion constant LCU | +5.2% |
| 2014 | 11.71 billion constant LCU | -2.3% |
| 2015 | 11.95 billion constant LCU | +2.0% |
| 2016 | 13.05 billion constant LCU | +9.2% |
| 2017 | 13.07 billion constant LCU | +0.2% |
| 2018 | 13.32 billion constant LCU | +1.9% |
| 2019 | 13.49 billion constant LCU | +1.3% |
| 2020 | 11.88 billion constant LCU | -12.0% |
| 2021 | 12.62 billion constant LCU | +6.2% |
| 2022 | 12.80 billion constant LCU | +1.4% |
| 2023 | 12.39 billion constant LCU | -3.2% |
| 2024 | 9.68 billion constant LCU | -21.8% |
| 2025 | 10.16 billion constant LCU | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.50 billion constant LCU | 4.84 billion constant LCU | 6.62 billion constant LCU | 6 |
| 2000s | 6.90 billion constant LCU | 5.10 billion constant LCU | 8.82 billion constant LCU | 10 |
| 2010s | 12.01 billion constant LCU | 9.46 billion constant LCU | 13.49 billion constant LCU | 10 |
| 2020s | 11.59 billion constant LCU | 9.68 billion constant LCU | 12.80 billion constant LCU | 6 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- GDP (constant 2015 US$), annual growth rate 4.34 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.726 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,302 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.34 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.726 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 2,302 constant LCU per person (2025)
- 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)
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 LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- 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 LCU 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 LCU in 1996.
- How does Palestine, State of rank for gross value added at basic prices (gva)?
- Palestine, State of ranks 167th out of 196 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.