Inflation, consumer prices in Palestine, State of
Palestine, State of: Inflation, consumer prices was 53.67 in 2024. ◆ Volatile
Inflation, consumer prices in Palestine, State of, 1997–2024
Source: UNICEF.
Analysis
The most recent figure for inflation, consumer prices in Palestine, State of is 53.67, measured in 2024. That is the highest value across all 28 years on record.
That represents a change of up 814.1% on the previous year and up 2,996.9% over ten years.
Over the whole period, inflation, consumer prices in Palestine, State of peaked at 53.67 in 2024 and was at its lowest, -0.7353, in 2020.
Palestine, State of ranks 3rd of 70 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Palestine, State of, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 7.09 | — |
| 1998 | 5.58 | -21.3% |
| 1999 | 5.54 | -0.6% |
| 2000 | 2.8 | -49.5% |
| 2001 | 1.22 | -56.3% |
| 2002 | 5.71 | +366.9% |
| 2003 | 4.4 | -22.9% |
| 2004 | 3 | -31.8% |
| 2005 | 4.11 | +36.7% |
| 2006 | 3.84 | -6.4% |
| 2007 | 1.86 | -51.6% |
| 2008 | 9.89 | +431.8% |
| 2009 | 2.75 | -72.2% |
| 2010 | 3.75 | +36.1% |
| 2011 | 2.88 | -23.3% |
| 2012 | 2.78 | -3.4% |
| 2013 | 1.72 | -38.0% |
| 2014 | 1.73 | +0.5% |
| 2015 | 1.43 | -17.4% |
| 2016 | -0.2191 | -115.3% |
| 2017 | 0.2126 | -197.0% |
| 2018 | -0.1951 | -191.8% |
| 2019 | 1.58 | -909.9% |
| 2020 | -0.7353 | -146.5% |
| 2021 | 1.24 | -268.3% |
| 2022 | 3.74 | +202.3% |
| 2023 | 5.87 | +56.9% |
| 2024 | 53.67 | +814.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.07 | 5.54 | 7.09 | 3 |
| 2000s | 3.96 | 1.22 | 9.89 | 10 |
| 2010s | 1.57 | -0.2191 | 3.75 | 10 |
| 2020s | 12.76 | -0.7353 | 53.67 | 5 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- Households and NPISHs Final consumption expenditure (current LCU) 8.01 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.9061 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 2,873 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.81 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.6313 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2,002 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 7.39 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 1.08 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 3,414 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 7.39 % change on previous year (2025)
Frequently asked questions
- What is inflation, consumer prices in Palestine, State of?
- Inflation, consumer prices in Palestine, State of was 53.67 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Palestine, State of?
- The highest recorded value was 53.67 in 2024.
- What is the lowest inflation, consumer prices recorded in Palestine, State of?
- The lowest recorded value was -0.7353 in 2020.
- How does Palestine, State of rank for inflation, consumer prices?
- Palestine, State of ranks 3rd out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Palestine, State of?
- Over the last ten years it is up 2,996.9%. The long-run trend across the full record is volatile.
- Where does this Palestine, State of data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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