Services, value added (current US$), annual growth rate in Palestine
Palestine: Services, value added (current US$), annual growth rate was -11.99 % change on previous year in 2024. ◆ Volatile
Services, value added (current US$), annual growth rate in Palestine, 1995–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current us$), annual growth rate in Palestine is -11.99 % change on previous year, measured in 2024. That is the lowest value across all 30 years on record.
That represents a change of down 504.1% on the previous year and down 359.0% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Palestine peaked at 20.59 % change on previous year in 2011 and was at its lowest, -11.99 % change on previous year, in 2024.
Palestine ranks 199th of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Palestine, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1995 | 12.66 % change on previous year | — |
| 1996 | 2.45 % change on previous year | -80.6% |
| 1997 | 17.31 % change on previous year | +606.7% |
| 1998 | 7.48 % change on previous year | -56.8% |
| 1999 | 2.81 % change on previous year | -62.5% |
| 2000 | 10.45 % change on previous year | +272.2% |
| 2001 | -4.49 % change on previous year | -142.9% |
| 2002 | -1.75 % change on previous year | -61.0% |
| 2003 | 5.56 % change on previous year | -417.2% |
| 2004 | 6.11 % change on previous year | +9.8% |
| 2005 | 11.15 % change on previous year | +82.7% |
| 2006 | 6.05 % change on previous year | -45.7% |
| 2007 | 12.96 % change on previous year | +114.1% |
| 2008 | 19.37 % change on previous year | +49.5% |
| 2009 | 11.31 % change on previous year | -41.6% |
| 2010 | 19.46 % change on previous year | +72.0% |
| 2011 | 20.59 % change on previous year | +5.8% |
| 2012 | 8.7 % change on previous year | -57.7% |
| 2013 | 12.17 % change on previous year | +39.8% |
| 2014 | 4.63 % change on previous year | -61.9% |
| 2015 | 0.2921 % change on previous year | -93.7% |
| 2016 | 8.96 % change on previous year | +2966.7% |
| 2017 | 1.32 % change on previous year | -85.2% |
| 2018 | 2.6 % change on previous year | +96.4% |
| 2019 | 7.25 % change on previous year | +178.9% |
| 2020 | -10.18 % change on previous year | -240.3% |
| 2021 | 15.68 % change on previous year | -254.0% |
| 2022 | 2.76 % change on previous year | -82.4% |
| 2023 | -1.98 % change on previous year | -171.9% |
| 2024 | -11.99 % change on previous year | +504.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.54 % change on previous year | 2.45 % change on previous year | 17.31 % change on previous year | 5 |
| 2000s | 7.67 % change on previous year | -4.49 % change on previous year | 19.37 % change on previous year | 10 |
| 2010s | 8.6 % change on previous year | 0.2921 % change on previous year | 20.59 % change on previous year | 10 |
| 2020s | -1.14 % change on previous year | -11.99 % change on previous year | 15.68 % change on previous year | 5 |
Countries ranked near Palestine
- 196 Libya -5.8 % change on previous year compare
- 197 French Polynesia -7.78 % change on previous year compare
- 198 Egypt -9.22 % change on previous year compare
- 200 Ethiopia -17.64 % change on previous year compare
- 201 Sudan -18.04 % change on previous year compare
- 202 Yemen -21.94 % change on previous year compare
More economy & growth data for Palestine
- Industry (including construction), value added (constant 2015 US$) 8.02 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1481 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 469.58 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 8.02 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1481 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 469.58 constant LCU per person (2025)
- Services, value added (current US$), per unit of GDP 0.6021 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 1,823 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate -11.99 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 0.6021 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in Palestine?
- Services, value added (current us$), annual growth rate in Palestine was -11.99 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Palestine?
- The highest recorded value was 20.59 % change on previous year in 2011.
- What is the lowest services, value added (current us$), annual growth rate recorded in Palestine?
- The lowest recorded value was -11.99 % change on previous year in 2024.
- How does Palestine rank for services, value added (current us$), annual growth rate?
- Palestine ranks 199th out of 204 countries with data for 2024.
- Is services, value added (current us$), annual growth rate rising or falling in Palestine?
- Over the last ten years it is down 359.0%. 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 Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.