GDP price levels relative to the US in Palestine, State of
Palestine, State of: GDP price levels relative to the US was 0.5931 in 2024. ▲ Rising
Latest (2024)
0.5931
Change on year
up 2.1%
World rank
66th
of 202 countries
All-time high
0.672
in 2011
All-time low
0.48
in 2005
Years of data
31
1994–2024
GDP price levels relative to the US in Palestine, State of, 1994–2024
Source: World Development Indicators - World Bank (2026) – processed by Our World in Data.
Analysis
The most recent figure for gdp price levels relative to the us in Palestine, State of is 0.5931, measured in 2024.
That represents a change of up 2.1% on the previous year and down 4.8% over ten years.
Over the whole period, gdp price levels relative to the us in Palestine, State of peaked at 0.672 in 2011 and was at its lowest, 0.48, in 2005.
Palestine, State of ranks 66th of 202 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
GDP price levels relative to the US in Palestine, State of, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 0.5724 | — |
| 1995 | 0.6043 | +5.6% |
| 1996 | 0.6089 | +0.8% |
| 1997 | 0.5757 | -5.5% |
| 1998 | 0.5387 | -6.4% |
| 1999 | 0.5151 | -4.4% |
| 2000 | 0.5563 | +8.0% |
| 2001 | 0.5568 | +0.1% |
| 2002 | 0.5564 | -0.1% |
| 2003 | 0.534 | -4.0% |
| 2004 | 0.4948 | -7.3% |
| 2005 | 0.48 | -3.0% |
| 2006 | 0.4908 | +2.2% |
| 2007 | 0.5006 | +2.0% |
| 2008 | 0.5747 | +14.8% |
| 2009 | 0.5818 | +1.2% |
| 2010 | 0.6506 | +11.8% |
| 2011 | 0.672 | +3.3% |
| 2012 | 0.6168 | -8.2% |
| 2013 | 0.6574 | +6.6% |
| 2014 | 0.6229 | -5.2% |
| 2015 | 0.5671 | -9.0% |
| 2016 | 0.5819 | +2.6% |
| 2017 | 0.5929 | +1.9% |
| 2018 | 0.5731 | -3.3% |
| 2019 | 0.5619 | -2.0% |
| 2020 | 0.5429 | -3.4% |
| 2021 | 0.6496 | +19.7% |
| 2022 | 0.6166 | -5.1% |
| 2023 | 0.5807 | -5.8% |
| 2024 | 0.5931 | +2.1% |
Palestine, State of compared with similar countries
- Palestine, State of's 0.5931 is above the median for lower middle income countries, which is 0.3274, 1.8× the median. (47 countries reporting)
- Palestine, State of's 0.5931 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.4357, 1.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5692 | 0.5151 | 0.6089 | 6 |
| 2000s | 0.5326 | 0.48 | 0.5818 | 10 |
| 2010s | 0.6096 | 0.5619 | 0.672 | 10 |
| 2020s | 0.5965 | 0.5429 | 0.6496 | 5 |
Countries ranked near Palestine, State of
- 63 Costa Rica 0.5975 compare
- 64 Slovenia 0.5958 compare
- 65 Korea 0.5936 compare
- 67 Grenada 0.5801 compare
- 68 Macau, China 0.5671 compare
- 69 Sao Tome and Principe 0.5592 compare
More economy & growth data for Palestine, State of
- Foreign direct investment, net outflows (BoP, current US$), gaps 14.66 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 329.83 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 103.37 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0192 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 60.93 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 37.44 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1063 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 337.15 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gdp price levels relative to the us in Palestine, State of?
- Gdp price levels relative to the us in Palestine, State of was 0.5931 in 2024, according to World Development Indicators - World Bank (2026) – processed by Our World in Data.
- What is the highest gdp price levels relative to the us recorded in Palestine, State of?
- The highest recorded value was 0.672 in 2011.
- What is the lowest gdp price levels relative to the us recorded in Palestine, State of?
- The lowest recorded value was 0.48 in 2005.
- How does Palestine, State of rank for gdp price levels relative to the us?
- Palestine, State of ranks 66th out of 202 countries with data for 2024.
- Is gdp price levels relative to the us rising or falling in Palestine, State of?
- Over the last ten years it is down 4.8%. The long-run trend across the full record is rising.
- Where does this Palestine, State of data come from?
- The figures come from World Development Indicators - World Bank (2026) – processed by Our World in Data, published as part of GDP price levels relative to the US. Statizoid updates them automatically from the source API.
Download this data
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About this data
Ratio of Purchasing Power Parity (PPP) conversion factor to market exchange rate.