Inflation of consumer prices in Palestine, State of

Palestine, State of: Inflation of consumer prices was 9.8% in 2025. ◆ Volatile

Latest (2025)
9.8%
Change on year
down 81.7%
World rank
24th
of 190 countries
All-time high
53.7%
in 2024
All-time low
-0.7%
in 2020
Years of data
29
1997–2025

Inflation of consumer prices in Palestine, State of, 1997–2025

02040601997201120251997: 7.1 annual %1998: 5.6 annual %1999: 5.5 annual %2000: 2.8 annual %2001: 1.2 annual %2002: 5.7 annual %2003: 4.4 annual %2004: 3 annual %2005: 4.1 annual %2006: 3.8 annual %2007: 1.9 annual %2008: 9.9 annual %2009: 2.8 annual %2010: 3.7 annual %2011: 2.9 annual %2012: 2.8 annual %2013: 1.7 annual %2014: 1.7 annual %2015: 1.4 annual %2016: -0.219 annual %2017: 0.213 annual %2018: -0.195 annual %2019: 1.6 annual %2020: -0.735 annual %2021: 1.2 annual %2022: 3.7 annual %2023: 5.9 annual %2024: 53.7 annual %2025: 9.8 annual %

Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in annual %.

Analysis

Palestine, State of recorded 9.8% for inflation of consumer prices in 2025.

The figure is down 81.7% on the previous year and up 585.1% over ten years.

Over the whole period, inflation of consumer prices in Palestine, State of peaked at 53.7% in 2024 and was at its lowest, -0.7%, in 2020.

That places Palestine, State of 24th out of 190 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Inflation of consumer prices in Palestine, State of, year by year

Annual values for Inflation of consumer prices in Palestine, State of, 1997 to 2025.
Year annual % Change
1997 7.1%
1998 5.6% -21.3%
1999 5.5% -0.6%
2000 2.8% -49.5%
2001 1.2% -56.3%
2002 5.7% +366.9%
2003 4.4% -22.9%
2004 3.0% -31.8%
2005 4.1% +36.7%
2006 3.8% -6.4%
2007 1.9% -51.6%
2008 9.9% +431.8%
2009 2.8% -72.2%
2010 3.7% +36.1%
2011 2.9% -23.3%
2012 2.8% -3.4%
2013 1.7% -38.0%
2014 1.7% +0.5%
2015 1.4% -17.4%
2016 -0.2% -115.3%
2017 0.2% -197.0%
2018 -0.2% -191.8%
2019 1.6% -909.9%
2020 -0.7% -146.5%
2021 1.2% -268.3%
2022 3.7% +202.3%
2023 5.9% +56.9%
2024 53.7% +814.1%
2025 9.8% -81.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.1% 5.5% 7.1% 3
2000s 4.0% 1.2% 9.9% 10
2010s 1.6% -0.2% 3.7% 10
2020s 12.3% -0.7% 53.7% 6

Countries ranked near Palestine, State of

  1. 21 Gambia 11.6% compare
  2. 22 Kazakhstan 11.4% compare
  3. 23 Sao Tome and Principe 11.0% compare
  4. 25 Suriname 9.2% compare
  5. 26 Myanmar 8.8% compare
  6. 27 Uzbekistan 8.8% compare

See the full ranking of 190 places →

More economy & growth data for Palestine, State of

All data for Palestine, State of →

Frequently asked questions

What is inflation of consumer prices in Palestine, State of?
Inflation of consumer prices in Palestine, State of was 9.8% in 2025, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
What is the highest inflation of consumer prices recorded in Palestine, State of?
The highest recorded value was 53.7% in 2024.
What is the lowest inflation of consumer prices recorded in Palestine, State of?
The lowest recorded value was -0.7% in 2020.
How does Palestine, State of rank for inflation of consumer prices?
Palestine, State of ranks 24th out of 190 countries with data for 2025.
Is inflation of consumer prices rising or falling in Palestine, State of?
Over the last ten years it is up 585.1%. The long-run trend across the full record is volatile.
Where does this Palestine, State of data come from?
The figures come from International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.

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Inflation of consumer prices in Palestine, State of. Statizoid, drawing on International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/inflation-of-consumer-prices/west-bank-and-gaza/

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About this data

Indicator
Inflation of consumer prices
Unit
annual %
Source
International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
190 places, 9,110 data points, 1960–2025
Last refreshed

Annual changes in the cost to the average consumer of acquiring a set basket of goods and services. This measure is used to track changes in living costs over time.