Real gdp growth, annual growth rate in Palestine
Palestine: Real gdp growth, annual growth rate was -123.81 % change on previous year in 2023. ◆ Volatile
Real gdp growth, annual growth rate in Palestine, 1996–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, real gdp growth, annual growth rate in Palestine stood at -123.81 % change on previous year.
That represents a change of down 196.4% on the previous year and down 440.2% over ten years.
Over the whole period, real gdp growth, annual growth rate in Palestine peaked at 479.94 % change on previous year in 2007 and was at its lowest, -930.37 % change on previous year, in 2020.
That places Palestine 190th out of 196 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth, annual growth rate in Palestine, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | -82.93 % change on previous year | — |
| 1998 | -2.28 % change on previous year | -97.3% |
| 1999 | -42.23 % change on previous year | +1754.5% |
| 2000 | -203.32 % change on previous year | +381.5% |
| 2001 | -8.82 % change on previous year | -95.7% |
| 2002 | -34.12 % change on previous year | +286.7% |
| 2003 | 212.24 % change on previous year | -722.0% |
| 2004 | 56.42 % change on previous year | -73.4% |
| 2005 | -48.5 % change on previous year | -186.0% |
| 2006 | -108.83 % change on previous year | +124.4% |
| 2007 | 479.94 % change on previous year | -541.0% |
| 2008 | 96.12 % change on previous year | -80.0% |
| 2009 | 15.67 % change on previous year | -83.7% |
| 2010 | -32.77 % change on previous year | -309.2% |
| 2011 | 66.19 % change on previous year | -302.0% |
| 2012 | -36.51 % change on previous year | -155.2% |
| 2013 | -22.92 % change on previous year | -37.2% |
| 2014 | -103.36 % change on previous year | +351.0% |
| 2016 | 138.24 % change on previous year | -233.7% |
| 2017 | -83.99 % change on previous year | -160.8% |
| 2018 | -13.53 % change on previous year | -83.9% |
| 2019 | 11.08 % change on previous year | -181.9% |
| 2020 | -930.37 % change on previous year | -8493.9% |
| 2021 | 161.95 % change on previous year | -117.4% |
| 2022 | -41.77 % change on previous year | -125.8% |
| 2023 | -123.81 % change on previous year | +196.4% |
Biggest year-on-year movements
Years where Real gdp growth, annual growth rate in Palestine changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -8493.9% | 11.08 % change on previous year | -930.37 % change on previous year |
| 1999 | -1754.5% | -2.28 % change on previous year | -42.23 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -42.48 % change on previous year | -82.93 % change on previous year | -2.28 % change on previous year | 3 |
| 2000s | 45.68 % change on previous year | -203.32 % change on previous year | 479.94 % change on previous year | 10 |
| 2010s | -8.62 % change on previous year | -103.36 % change on previous year | 138.24 % change on previous year | 9 |
| 2020s | -233.5 % change on previous year | -930.37 % change on previous year | 161.95 % change on previous year | 4 |
Countries ranked near Palestine
- 187 Russian Federation -80.07 % change on previous year compare
- 188 San Marino, Republic of -94.84 % change on previous year compare
- 189 Jamaica -119.48 % change on previous year compare
- 191 Iceland -125.5 % change on previous year compare
- 192 Iran, Islamic Republic of -141.63 % change on previous year compare
- 193 Botswana -193.2 % change on previous year compare
More economy & growth data for Palestine
- 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 real gdp growth, annual growth rate in Palestine?
- Real gdp growth, annual growth rate in Palestine was -123.81 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest real gdp growth, annual growth rate recorded in Palestine?
- The highest recorded value was 479.94 % change on previous year in 2007.
- What is the lowest real gdp growth, annual growth rate recorded in Palestine?
- The lowest recorded value was -930.37 % change on previous year in 2020.
- How does Palestine rank for real gdp growth, annual growth rate?
- Palestine ranks 190th out of 196 countries with data for 2023.
- Is real gdp growth, annual growth rate rising or falling in Palestine?
- Over the last ten years it is down 440.2%. The long-run trend across the full record is volatile.
- Where does this Palestine data come from?
- The figures come from Statizoid (derived), published as part of Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Real gdp growth Our World in Data
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
The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.