Services, value added in Palestine, State of
Palestine, State of: Services, value added was 7.00 billion constant LCU in 2025. ▲ Rising
Services, value added in Palestine, State of, 1994–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Palestine, State of recorded 7.00 billion constant LCU for services, value added in 2025.
Compared with earlier readings it is up 3.7% on the previous year and down 18.8% over ten years.
Over the whole period, services, value added in Palestine, State of peaked at 9.43 billion constant LCU in 2019 and was at its lowest, 3.04 billion constant LCU, in 1994.
That places Palestine, State of 167th out of 197 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.
Services, value added in Palestine, State of, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1994 | 3.04 billion constant LCU | — |
| 1995 | 3.12 billion constant LCU | +2.9% |
| 1996 | 3.06 billion constant LCU | -2.1% |
| 1997 | 3.69 billion constant LCU | +20.7% |
| 1998 | 4.15 billion constant LCU | +12.4% |
| 1999 | 4.30 billion constant LCU | +3.7% |
| 2000 | 4.29 billion constant LCU | -0.2% |
| 2001 | 4.13 billion constant LCU | -3.7% |
| 2002 | 3.88 billion constant LCU | -6.0% |
| 2003 | 4.23 billion constant LCU | +8.8% |
| 2004 | 4.60 billion constant LCU | +8.7% |
| 2005 | 5.15 billion constant LCU | +12.1% |
| 2006 | 5.25 billion constant LCU | +1.9% |
| 2007 | 5.58 billion constant LCU | +6.3% |
| 2008 | 5.48 billion constant LCU | -1.8% |
| 2009 | 5.85 billion constant LCU | +6.7% |
| 2010 | 6.23 billion constant LCU | +6.5% |
| 2011 | 7.14 billion constant LCU | +14.7% |
| 2012 | 7.62 billion constant LCU | +6.7% |
| 2013 | 7.98 billion constant LCU | +4.7% |
| 2014 | 8.22 billion constant LCU | +2.9% |
| 2015 | 8.62 billion constant LCU | +4.9% |
| 2016 | 9.29 billion constant LCU | +7.8% |
| 2017 | 9.09 billion constant LCU | -2.2% |
| 2018 | 9.25 billion constant LCU | +1.8% |
| 2019 | 9.43 billion constant LCU | +2.0% |
| 2020 | 8.49 billion constant LCU | -10.0% |
| 2021 | 9.13 billion constant LCU | +7.5% |
| 2022 | 9.28 billion constant LCU | +1.6% |
| 2023 | 9.03 billion constant LCU | -2.6% |
| 2024 | 6.75 billion constant LCU | -25.3% |
| 2025 | 7.00 billion constant LCU | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.56 billion constant LCU | 3.04 billion constant LCU | 4.30 billion constant LCU | 6 |
| 2000s | 4.85 billion constant LCU | 3.88 billion constant LCU | 5.85 billion constant LCU | 10 |
| 2010s | 8.29 billion constant LCU | 6.23 billion constant LCU | 9.43 billion constant LCU | 10 |
| 2020s | 8.28 billion constant LCU | 6.75 billion constant LCU | 9.28 billion constant LCU | 6 |
Countries ranked near Palestine, State of
- 164 South Sudan 9.04 billion constant LCU compare
- 165 Brunei Darussalam 8.07 billion constant LCU compare
- 166 Fiji 7.17 billion constant LCU compare
- 168 Bermuda 6.42 billion constant LCU compare
- 169 Solomon Islands 5.89 billion constant LCU compare
- 170 Monaco 5.01 billion constant LCU compare
More economy & growth data for Palestine, State of
- GNI, Atlas method (current US$), annual growth rate 11.62 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 3,250 current US$ per person (2025)
- GNI (current US$), annual growth rate 8.3 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.06 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 3,370 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.3 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.06 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 3,370 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 29.92 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Palestine, State of?
- Services, value added in Palestine, State of was 7.00 billion constant LCU 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 9.43 billion constant LCU in 2019.
- What is the lowest services, value added recorded in Palestine, State of?
- The lowest recorded value was 3.04 billion constant LCU in 1994.
- How does Palestine, State of rank for services, value added?
- Palestine, State of ranks 167th out of 197 countries with data for 2025.
- Is services, value added rising or falling in Palestine, State of?
- Over the last ten years it is down 18.8%. The long-run trend across the full record is rising.
- 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 (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.