Services, value added (current LCU), per unit of GDP in Palestine, State of
Palestine, State of: Services, value added (current LCU), per unit of GDP was 0.6021 current LCU per US$ of GDP in 2024. ▲ Rising
Services, value added (current LCU), per unit of GDP in Palestine, State of, 1994–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for services, value added (current lcu), per unit of gdp in Palestine, State of is 0.6021 current LCU per US$ of GDP, measured in 2024.
The figure is up 2.4% on the previous year and down 2.0% over ten years.
Over the whole period, services, value added (current lcu), per unit of gdp in Palestine, State of peaked at 0.6636 current LCU per US$ of GDP in 2002 and was at its lowest, 0.5151 current LCU per US$ of GDP, in 1996.
That places Palestine, State of 174th out of 204 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added (current LCU), per unit of GDP in Palestine, State of, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1994 | 0.5352 current LCU per US$ of GDP | — |
| 1995 | 0.5222 current LCU per US$ of GDP | -2.4% |
| 1996 | 0.5151 current LCU per US$ of GDP | -1.4% |
| 1997 | 0.548 current LCU per US$ of GDP | +6.4% |
| 1998 | 0.5444 current LCU per US$ of GDP | -0.7% |
| 1999 | 0.5331 current LCU per US$ of GDP | -2.1% |
| 2000 | 0.583 current LCU per US$ of GDP | +9.4% |
| 2001 | 0.5999 current LCU per US$ of GDP | +2.9% |
| 2002 | 0.6636 current LCU per US$ of GDP | +10.6% |
| 2003 | 0.6278 current LCU per US$ of GDP | -5.4% |
| 2004 | 0.5742 current LCU per US$ of GDP | -8.5% |
| 2005 | 0.5732 current LCU per US$ of GDP | -0.2% |
| 2006 | 0.5826 current LCU per US$ of GDP | +1.6% |
| 2007 | 0.6052 current LCU per US$ of GDP | +3.9% |
| 2008 | 0.5747 current LCU per US$ of GDP | -5.0% |
| 2009 | 0.5783 current LCU per US$ of GDP | +0.6% |
| 2010 | 0.577 current LCU per US$ of GDP | -0.2% |
| 2011 | 0.6022 current LCU per US$ of GDP | +4.4% |
| 2012 | 0.5998 current LCU per US$ of GDP | -0.4% |
| 2013 | 0.6077 current LCU per US$ of GDP | +1.3% |
| 2014 | 0.6143 current LCU per US$ of GDP | +1.1% |
| 2015 | 0.6168 current LCU per US$ of GDP | +0.4% |
| 2016 | 0.6096 current LCU per US$ of GDP | -1.2% |
| 2017 | 0.59 current LCU per US$ of GDP | -3.2% |
| 2018 | 0.5998 current LCU per US$ of GDP | +1.7% |
| 2019 | 0.6111 current LCU per US$ of GDP | +1.9% |
| 2020 | 0.6055 current LCU per US$ of GDP | -0.9% |
| 2021 | 0.6008 current LCU per US$ of GDP | -0.8% |
| 2022 | 0.5833 current LCU per US$ of GDP | -2.9% |
| 2023 | 0.588 current LCU per US$ of GDP | +0.8% |
| 2024 | 0.6021 current LCU per US$ of GDP | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.533 current LCU per US$ of GDP | 0.5151 current LCU per US$ of GDP | 0.548 current LCU per US$ of GDP | 6 |
| 2000s | 0.5962 current LCU per US$ of GDP | 0.5732 current LCU per US$ of GDP | 0.6636 current LCU per US$ of GDP | 10 |
| 2010s | 0.6028 current LCU per US$ of GDP | 0.577 current LCU per US$ of GDP | 0.6168 current LCU per US$ of GDP | 10 |
| 2020s | 0.5959 current LCU per US$ of GDP | 0.5833 current LCU per US$ of GDP | 0.6055 current LCU per US$ of GDP | 5 |
Countries ranked near Palestine, State of
- 171 France 0.627 current LCU per US$ of GDP compare
- 172 Netherlands 0.6231 current LCU per US$ of GDP compare
- 173 Spain 0.6049 current LCU per US$ of GDP compare
- 175 Greece 0.5969 current LCU per US$ of GDP compare
- 176 Switzerland 0.5965 current LCU per US$ of GDP compare
- 177 Portugal 0.589 current LCU per US$ of GDP compare
More economy & growth data for Palestine, State of
- Gross capital formation (current US$), annual growth rate 16.02 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2559 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 811.46 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 16.02 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2559 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 811.46 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 4.62 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2123 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 673.21 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 8.8 % change on previous year (2025)
Frequently asked questions
- What is services, value added (current lcu), per unit of gdp in Palestine, State of?
- Services, value added (current lcu), per unit of gdp in Palestine, State of was 0.6021 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current lcu), per unit of gdp recorded in Palestine, State of?
- The highest recorded value was 0.6636 current LCU per US$ of GDP in 2002.
- What is the lowest services, value added (current lcu), per unit of gdp recorded in Palestine, State of?
- The lowest recorded value was 0.5151 current LCU per US$ of GDP in 1996.
- How does Palestine, State of rank for services, value added (current lcu), per unit of gdp?
- Palestine, State of ranks 174th out of 204 countries with data for 2024.
- Is services, value added (current lcu), per unit of gdp rising or falling in Palestine, State of?
- Over the last ten years it is down 2.0%. The long-run trend across the full record is rising.
- Where does this Palestine, State of data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current LCU) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.