PPP conversion factor, GDP in Palestine
Palestine: PPP conversion factor, GDP was 0.6343 LCU per international $ in 2025. ▲ Rising
PPP conversion factor, GDP in Palestine, 1994–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2025, ppp conversion factor, gdp in Palestine stood at 0.6343 LCU per international $.
The figure is down 0.1% on the previous year and up 11.8% over ten years.
Over the whole period, ppp conversion factor, gdp in Palestine peaked at 0.672 LCU per international $ in 2011 and was at its lowest, 0.48 LCU per international $, in 2005.
That places Palestine 176th out of 204 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.
PPP conversion factor, GDP in Palestine, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1994 | 0.5724 LCU per international $ | — |
| 1995 | 0.6043 LCU per international $ | +5.6% |
| 1996 | 0.6089 LCU per international $ | +0.8% |
| 1997 | 0.5757 LCU per international $ | -5.5% |
| 1998 | 0.5387 LCU per international $ | -6.4% |
| 1999 | 0.5151 LCU per international $ | -4.4% |
| 2000 | 0.5563 LCU per international $ | +8.0% |
| 2001 | 0.5568 LCU per international $ | +0.1% |
| 2002 | 0.5564 LCU per international $ | -0.1% |
| 2003 | 0.534 LCU per international $ | -4.0% |
| 2004 | 0.4948 LCU per international $ | -7.3% |
| 2005 | 0.48 LCU per international $ | -3.0% |
| 2006 | 0.4908 LCU per international $ | +2.2% |
| 2007 | 0.5006 LCU per international $ | +2.0% |
| 2008 | 0.5747 LCU per international $ | +14.8% |
| 2009 | 0.5818 LCU per international $ | +1.2% |
| 2010 | 0.6506 LCU per international $ | +11.8% |
| 2011 | 0.672 LCU per international $ | +3.3% |
| 2012 | 0.6168 LCU per international $ | -8.2% |
| 2013 | 0.6574 LCU per international $ | +6.6% |
| 2014 | 0.6229 LCU per international $ | -5.2% |
| 2015 | 0.5671 LCU per international $ | -9.0% |
| 2016 | 0.5819 LCU per international $ | +2.6% |
| 2017 | 0.5929 LCU per international $ | +1.9% |
| 2018 | 0.5731 LCU per international $ | -3.3% |
| 2019 | 0.5619 LCU per international $ | -2.0% |
| 2020 | 0.5429 LCU per international $ | -3.4% |
| 2021 | 0.6496 LCU per international $ | +19.7% |
| 2022 | 0.6166 LCU per international $ | -5.1% |
| 2023 | 0.5839 LCU per international $ | -5.3% |
| 2024 | 0.6348 LCU per international $ | +8.7% |
| 2025 | 0.6343 LCU per international $ | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5692 LCU per international $ | 0.5151 LCU per international $ | 0.6089 LCU per international $ | 6 |
| 2000s | 0.5326 LCU per international $ | 0.48 LCU per international $ | 0.5818 LCU per international $ | 10 |
| 2010s | 0.6096 LCU per international $ | 0.5619 LCU per international $ | 0.672 LCU per international $ | 10 |
| 2020s | 0.6103 LCU per international $ | 0.5429 LCU per international $ | 0.6496 LCU per international $ | 6 |
Countries ranked near Palestine
- 173 Bosnia and Herzegovina 0.6976 LCU per international $ compare
- 174 France 0.6776 LCU per international $ compare
- 175 United Kingdom 0.6771 LCU per international $ compare
- 177 Italy 0.6103 LCU per international $ compare
- 178 Andorra 0.6038 LCU per international $ compare
- 179 Malta 0.5871 LCU per international $ compare
More economy & growth data for Palestine
- Gross value added at basic prices (GVA) (current LCU), annual growth -12.3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8198 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 2,483 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.97 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5919 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,877 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.97 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.5919 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 1,877 constant LCU per person (2025)
- GDP (current US$), annual growth rate 7.18 % change on previous year (2025)
Frequently asked questions
- What is ppp conversion factor, gdp in Palestine?
- Ppp conversion factor, gdp in Palestine was 0.6343 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Palestine?
- The highest recorded value was 0.672 LCU per international $ in 2011.
- What is the lowest ppp conversion factor, gdp recorded in Palestine?
- The lowest recorded value was 0.48 LCU per international $ in 2005.
- How does Palestine rank for ppp conversion factor, gdp?
- Palestine ranks 176th out of 204 countries with data for 2025.
- Is ppp conversion factor, gdp rising or falling in Palestine?
- Over the last ten years it is up 11.8%. The long-run trend across the full record is rising.
- Where does this Palestine data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
Download this data
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.