Gross value added at basic prices (GVA) (current US$), per unit of GDP in Palestine, State of

Palestine, State of: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0.8198 current US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.8198 current US$ per US$ of GDP
Change on year
up 2.0%
World rank
199th
of 205 countries
All-time high
0.993 current US$ per US$ of GDP
in 1994
All-time low
0.8035 current US$ per US$ of GDP
in 2023
Years of data
31
1994–2024

Gross value added at basic prices (GVA) (current US$), per unit of GDP in Palestine, State of, 1994–2024

00.20.40.60.811994200920241994: 0.993 current US$ per US$ of GDP1995: 0.925 current US$ per US$ of GDP1996: 0.892 current US$ per US$ of GDP1997: 0.872 current US$ per US$ of GDP1998: 0.865 current US$ per US$ of GDP1999: 0.86 current US$ per US$ of GDP2000: 0.861 current US$ per US$ of GDP2001: 0.894 current US$ per US$ of GDP2002: 0.916 current US$ per US$ of GDP2003: 0.902 current US$ per US$ of GDP2004: 0.885 current US$ per US$ of GDP2005: 0.873 current US$ per US$ of GDP2006: 0.88 current US$ per US$ of GDP2007: 0.87 current US$ per US$ of GDP2008: 0.849 current US$ per US$ of GDP2009: 0.854 current US$ per US$ of GDP2010: 0.853 current US$ per US$ of GDP2011: 0.875 current US$ per US$ of GDP2012: 0.883 current US$ per US$ of GDP2013: 0.869 current US$ per US$ of GDP2014: 0.872 current US$ per US$ of GDP2015: 0.855 current US$ per US$ of GDP2016: 0.858 current US$ per US$ of GDP2017: 0.853 current US$ per US$ of GDP2018: 0.866 current US$ per US$ of GDP2019: 0.866 current US$ per US$ of GDP2020: 0.847 current US$ per US$ of GDP2021: 0.841 current US$ per US$ of GDP2022: 0.815 current US$ per US$ of GDP2023: 0.803 current US$ per US$ of GDP2024: 0.82 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

Palestine, State of recorded 0.8198 current US$ per US$ of GDP for gross value added at basic prices (gva) (current us$), per unit of gdp in 2024.

The figure 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 us$), per unit of gdp in Palestine, State of peaked at 0.993 current US$ per US$ of GDP in 1994 and was at its lowest, 0.8035 current US$ per US$ of GDP, in 2023.

That places Palestine, State of 199th out of 205 countries with data for 2024, putting it 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 US$), per unit of GDP in Palestine, State of, year by year

Annual values for Gross value added at basic prices (GVA) (current US$), per unit of GDP in Palestine, State of, 1994 to 2024.
Year current US$ per US$ of GDP Change
1994 0.993 current US$ per US$ of GDP
1995 0.9247 current US$ per US$ of GDP -6.9%
1996 0.8924 current US$ per US$ of GDP -3.5%
1997 0.8719 current US$ per US$ of GDP -2.3%
1998 0.8651 current US$ per US$ of GDP -0.8%
1999 0.8598 current US$ per US$ of GDP -0.6%
2000 0.8613 current US$ per US$ of GDP +0.2%
2001 0.8937 current US$ per US$ of GDP +3.8%
2002 0.9159 current US$ per US$ of GDP +2.5%
2003 0.9016 current US$ per US$ of GDP -1.6%
2004 0.8855 current US$ per US$ of GDP -1.8%
2005 0.8729 current US$ per US$ of GDP -1.4%
2006 0.88 current US$ per US$ of GDP +0.8%
2007 0.8701 current US$ per US$ of GDP -1.1%
2008 0.8493 current US$ per US$ of GDP -2.4%
2009 0.8541 current US$ per US$ of GDP +0.6%
2010 0.8533 current US$ per US$ of GDP -0.1%
2011 0.8749 current US$ per US$ of GDP +2.5%
2012 0.8832 current US$ per US$ of GDP +0.9%
2013 0.8693 current US$ per US$ of GDP -1.6%
2014 0.8723 current US$ per US$ of GDP +0.4%
2015 0.8552 current US$ per US$ of GDP -2.0%
2016 0.8582 current US$ per US$ of GDP +0.4%
2017 0.8527 current US$ per US$ of GDP -0.6%
2018 0.8662 current US$ per US$ of GDP +1.6%
2019 0.866 current US$ per US$ of GDP -0.0%
2020 0.8468 current US$ per US$ of GDP -2.2%
2021 0.8408 current US$ per US$ of GDP -0.7%
2022 0.8147 current US$ per US$ of GDP -3.1%
2023 0.8035 current US$ per US$ of GDP -1.4%
2024 0.8198 current US$ per US$ of GDP +2.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.9011 current US$ per US$ of GDP 0.8598 current US$ per US$ of GDP 0.993 current US$ per US$ of GDP 6
2000s 0.8785 current US$ per US$ of GDP 0.8493 current US$ per US$ of GDP 0.9159 current US$ per US$ of GDP 10
2010s 0.8651 current US$ per US$ of GDP 0.8527 current US$ per US$ of GDP 0.8832 current US$ per US$ of GDP 10
2020s 0.8251 current US$ per US$ of GDP 0.8035 current US$ per US$ of GDP 0.8468 current US$ per US$ of GDP 5

Countries ranked near Palestine, State of

  1. 196 Croatia 0.8271 current US$ per US$ of GDP compare
  2. 197 Turks and Caicos Islands 0.8232 current US$ per US$ of GDP compare
  3. 198 Grenada 0.8216 current US$ per US$ of GDP compare
  4. 200 Tanzania, United Republic of 0.8145 current US$ per US$ of GDP compare
  5. 201 Kosovo 0.7852 current US$ per US$ of GDP compare
  6. 202 Montenegro 0.78 current US$ per US$ of GDP compare

See the full ranking of 244 places →

More economy & growth data for Palestine, State of

All data for Palestine, State of →

Frequently asked questions

What is gross value added at basic prices (gva) (current us$), per unit of gdp in Palestine, State of?
Gross value added at basic prices (gva) (current us$), per unit of gdp in Palestine, State of was 0.8198 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Palestine, State of?
The highest recorded value was 0.993 current US$ per US$ of GDP in 1994.
What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Palestine, State of?
The lowest recorded value was 0.8035 current US$ per US$ of GDP in 2023.
How does Palestine, State of rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
Palestine, State of ranks 199th out of 205 countries with data for 2024.
Is gross value added at basic prices (gva) (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current US$), per unit of GDP in Palestine, State of. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-per-unit-of-gdp/west-bank-and-gaza/

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How this figure is calculated

Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), 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 US$) ÷ GDP (current US$)

Computed from

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

Indicator
Gross value added at basic prices (GVA) (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,945 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.