Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Palestine, State of
Palestine, State of: Gross value added at basic prices (GVA) (current LCU), per unit of GDP was 0.8198 current LCU per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Palestine, State of, 1994–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (current lcu), per unit of gdp in Palestine, State of stood at 0.8198 current LCU per US$ of GDP.
Compared with earlier readings it is up 2.0% on the previous year and down 6.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per unit of gdp in Palestine, State of peaked at 0.993 current LCU per US$ of GDP in 1994 and was at its lowest, 0.8035 current LCU per US$ of GDP, in 2023.
Palestine, State of ranks 173rd of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Palestine, State of, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1994 | 0.993 current LCU per US$ of GDP | — |
| 1995 | 0.9247 current LCU per US$ of GDP | -6.9% |
| 1996 | 0.8924 current LCU per US$ of GDP | -3.5% |
| 1997 | 0.8719 current LCU per US$ of GDP | -2.3% |
| 1998 | 0.8651 current LCU per US$ of GDP | -0.8% |
| 1999 | 0.8598 current LCU per US$ of GDP | -0.6% |
| 2000 | 0.8613 current LCU per US$ of GDP | +0.2% |
| 2001 | 0.8937 current LCU per US$ of GDP | +3.8% |
| 2002 | 0.9159 current LCU per US$ of GDP | +2.5% |
| 2003 | 0.9016 current LCU per US$ of GDP | -1.6% |
| 2004 | 0.8855 current LCU per US$ of GDP | -1.8% |
| 2005 | 0.8729 current LCU per US$ of GDP | -1.4% |
| 2006 | 0.88 current LCU per US$ of GDP | +0.8% |
| 2007 | 0.8701 current LCU per US$ of GDP | -1.1% |
| 2008 | 0.8493 current LCU per US$ of GDP | -2.4% |
| 2009 | 0.8541 current LCU per US$ of GDP | +0.6% |
| 2010 | 0.8533 current LCU per US$ of GDP | -0.1% |
| 2011 | 0.8749 current LCU per US$ of GDP | +2.5% |
| 2012 | 0.8832 current LCU per US$ of GDP | +0.9% |
| 2013 | 0.8693 current LCU per US$ of GDP | -1.6% |
| 2014 | 0.8723 current LCU per US$ of GDP | +0.4% |
| 2015 | 0.8552 current LCU per US$ of GDP | -2.0% |
| 2016 | 0.8582 current LCU per US$ of GDP | +0.4% |
| 2017 | 0.8527 current LCU per US$ of GDP | -0.6% |
| 2018 | 0.8662 current LCU per US$ of GDP | +1.6% |
| 2019 | 0.866 current LCU per US$ of GDP | -0.0% |
| 2020 | 0.8468 current LCU per US$ of GDP | -2.2% |
| 2021 | 0.8408 current LCU per US$ of GDP | -0.7% |
| 2022 | 0.8147 current LCU per US$ of GDP | -3.1% |
| 2023 | 0.8035 current LCU per US$ of GDP | -1.4% |
| 2024 | 0.8198 current LCU per US$ of GDP | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9011 current LCU per US$ of GDP | 0.8598 current LCU per US$ of GDP | 0.993 current LCU per US$ of GDP | 6 |
| 2000s | 0.8785 current LCU per US$ of GDP | 0.8493 current LCU per US$ of GDP | 0.9159 current LCU per US$ of GDP | 10 |
| 2010s | 0.8651 current LCU per US$ of GDP | 0.8527 current LCU per US$ of GDP | 0.8832 current LCU per US$ of GDP | 10 |
| 2020s | 0.8251 current LCU per US$ of GDP | 0.8035 current LCU per US$ of GDP | 0.8468 current LCU per US$ of GDP | 5 |
Countries ranked near Palestine, State of
- 170 San Marino 0.8571 current LCU per US$ of GDP compare
- 171 Ireland 0.8456 current LCU per US$ of GDP compare
- 172 Turks and Caicos Islands 0.8232 current LCU per US$ of GDP compare
- 174 Malta 0.8131 current LCU per US$ of GDP compare
- 175 Switzerland 0.8097 current LCU per US$ of GDP compare
- 176 Andorra 0.8059 current LCU per US$ of GDP compare
More economy & growth data for Palestine, State of
- Gross capital formation (current US$), annual growth rate 16.02 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2559 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 811.46 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 16.02 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2559 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 811.46 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 4.62 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2123 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 673.21 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 8.8 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), per unit of gdp in Palestine, State of?
- Gross value added at basic prices (gva) (current lcu), per unit of gdp in Palestine, State of was 0.8198 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Palestine, State of?
- The highest recorded value was 0.993 current LCU per US$ of GDP in 1994.
- What is the lowest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Palestine, State of?
- The lowest recorded value was 0.8035 current LCU per US$ of GDP in 2023.
- How does Palestine, State of rank for gross value added at basic prices (gva) (current lcu), per unit of gdp?
- Palestine, State of ranks 173rd out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), per unit of gdp rising or falling in Palestine, State of?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is falling.
- Where does this Palestine, State of data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.