Services, value added in Palestine, State of
Palestine, State of: Services, value added was 3.7% in 2025. ◆ Volatile
Services, value added in Palestine, State of, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for services, value added in Palestine, State of is 3.7%, measured in 2025.
Compared with earlier readings it is up 114.7% on the previous year and down 23.9% over ten years.
Over the whole period, services, value added in Palestine, State of peaked at 20.7% in 1997 and was at its lowest, -25.3%, in 2024.
Palestine, State of ranks 88th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Palestine, State of, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1995 | 2.9% | — |
| 1996 | -2.1% | -172.4% |
| 1997 | 20.7% | -1099.0% |
| 1998 | 12.4% | -40.2% |
| 1999 | 3.7% | -70.1% |
| 2000 | -0.2% | -106.6% |
| 2001 | -3.7% | +1427.5% |
| 2002 | -6.0% | +61.2% |
| 2003 | 8.8% | -247.0% |
| 2004 | 8.7% | -1.0% |
| 2005 | 12.1% | +38.6% |
| 2006 | 1.9% | -84.2% |
| 2007 | 6.3% | +229.2% |
| 2008 | -1.8% | -129.1% |
| 2009 | 6.7% | -464.5% |
| 2010 | 6.5% | -3.7% |
| 2011 | 14.7% | +127.3% |
| 2012 | 6.7% | -54.3% |
| 2013 | 4.7% | -29.4% |
| 2014 | 2.9% | -37.8% |
| 2015 | 4.9% | +66.3% |
| 2016 | 7.8% | +60.1% |
| 2017 | -2.2% | -128.6% |
| 2018 | 1.8% | -180.0% |
| 2019 | 2.0% | +8.6% |
| 2020 | -10.0% | -610.6% |
| 2021 | 7.5% | -175.4% |
| 2022 | 1.6% | -78.5% |
| 2023 | -2.6% | -261.1% |
| 2024 | -25.3% | +872.3% |
| 2025 | 3.7% | -114.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.5% | -2.1% | 20.7% | 5 |
| 2000s | 3.3% | -6.0% | 12.1% | 10 |
| 2010s | 5.0% | -2.2% | 14.7% | 10 |
| 2020s | -4.2% | -25.3% | 7.5% | 6 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- Imports of goods and services (constant 2015 US$), annual growth rate -0.193 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3827 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,213 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -12.12 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -12.12 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -2.7 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0552 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 167.17 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 6.96 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0363 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Palestine, State of?
- Services, value added in Palestine, State of was 3.7% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Palestine, State of?
- The highest recorded value was 20.7% in 1997.
- What is the lowest services, value added recorded in Palestine, State of?
- The lowest recorded value was -25.3% in 2024.
- How does Palestine, State of rank for services, value added?
- Palestine, State of ranks 88th out of 198 countries with data for 2025.
- Is services, value added rising or falling in Palestine, State of?
- Over the last ten years it is down 23.9%. The long-run trend across the full record is volatile.
- Where does this Palestine, State of data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.