Taxes less subsidies on products (constant LCU), per unit of GDP in Palestine

Palestine: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.1341 constant LCU per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.1341 constant LCU per US$ of GDP
Change on year
down 5.1%
World rank
123rd
of 189 countries
All-time high
0.2717 constant LCU per US$ of GDP
in 1999
All-time low
0.0135 constant LCU per US$ of GDP
in 1994
Years of data
32
1994–2025

Taxes less subsidies on products (constant LCU), per unit of GDP in Palestine, 1994–2025

00.10.20.31994200920251994: 0.014 constant LCU per US$ of GDP1995: 0.137 constant LCU per US$ of GDP1996: 0.188 constant LCU per US$ of GDP1997: 0.232 constant LCU per US$ of GDP1998: 0.258 constant LCU per US$ of GDP1999: 0.272 constant LCU per US$ of GDP2000: 0.258 constant LCU per US$ of GDP2001: 0.192 constant LCU per US$ of GDP2002: 0.155 constant LCU per US$ of GDP2003: 0.176 constant LCU per US$ of GDP2004: 0.212 constant LCU per US$ of GDP2005: 0.226 constant LCU per US$ of GDP2006: 0.214 constant LCU per US$ of GDP2007: 0.229 constant LCU per US$ of GDP2008: 0.218 constant LCU per US$ of GDP2009: 0.204 constant LCU per US$ of GDP2010: 0.167 constant LCU per US$ of GDP2011: 0.129 constant LCU per US$ of GDP2012: 0.123 constant LCU per US$ of GDP2013: 0.112 constant LCU per US$ of GDP2014: 0.126 constant LCU per US$ of GDP2015: 0.145 constant LCU per US$ of GDP2016: 0.14 constant LCU per US$ of GDP2017: 0.146 constant LCU per US$ of GDP2018: 0.141 constant LCU per US$ of GDP2019: 0.136 constant LCU per US$ of GDP2020: 0.139 constant LCU per US$ of GDP2021: 0.133 constant LCU per US$ of GDP2022: 0.148 constant LCU per US$ of GDP2023: 0.166 constant LCU per US$ of GDP2024: 0.141 constant LCU per US$ of GDP2025: 0.134 constant LCU per US$ of GDP

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

The most recent figure for taxes less subsidies on products (constant lcu), per unit of gdp in Palestine is 0.1341 constant LCU per US$ of GDP, measured in 2025.

That represents a change of down 5.1% on the previous year and down 7.4% over ten years.

Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Palestine peaked at 0.2717 constant LCU per US$ of GDP in 1999 and was at its lowest, 0.0135 constant LCU per US$ of GDP, in 1994.

That places Palestine 123rd out of 189 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 32 years of available data.

Taxes less subsidies on products (constant LCU), per unit of GDP in Palestine, year by year

Annual values for Taxes less subsidies on products (constant LCU), per unit of GDP in Palestine, 1994 to 2025.
Year constant LCU per US$ of GDP Change
1994 0.0135 constant LCU per US$ of GDP
1995 0.1365 constant LCU per US$ of GDP +908.3%
1996 0.1878 constant LCU per US$ of GDP +37.5%
1997 0.2325 constant LCU per US$ of GDP +23.8%
1998 0.2578 constant LCU per US$ of GDP +10.9%
1999 0.2717 constant LCU per US$ of GDP +5.4%
2000 0.2583 constant LCU per US$ of GDP -4.9%
2001 0.1922 constant LCU per US$ of GDP -25.6%
2002 0.155 constant LCU per US$ of GDP -19.3%
2003 0.1756 constant LCU per US$ of GDP +13.3%
2004 0.2124 constant LCU per US$ of GDP +21.0%
2005 0.2256 constant LCU per US$ of GDP +6.2%
2006 0.2142 constant LCU per US$ of GDP -5.1%
2007 0.2288 constant LCU per US$ of GDP +6.8%
2008 0.218 constant LCU per US$ of GDP -4.7%
2009 0.2044 constant LCU per US$ of GDP -6.2%
2010 0.1672 constant LCU per US$ of GDP -18.2%
2011 0.129 constant LCU per US$ of GDP -22.8%
2012 0.123 constant LCU per US$ of GDP -4.7%
2013 0.1119 constant LCU per US$ of GDP -9.1%
2014 0.1258 constant LCU per US$ of GDP +12.5%
2015 0.1448 constant LCU per US$ of GDP +15.1%
2016 0.1405 constant LCU per US$ of GDP -3.0%
2017 0.146 constant LCU per US$ of GDP +3.9%
2018 0.1412 constant LCU per US$ of GDP -3.2%
2019 0.1363 constant LCU per US$ of GDP -3.5%
2020 0.1389 constant LCU per US$ of GDP +1.9%
2021 0.1327 constant LCU per US$ of GDP -4.5%
2022 0.148 constant LCU per US$ of GDP +11.5%
2023 0.1662 constant LCU per US$ of GDP +12.3%
2024 0.1413 constant LCU per US$ of GDP -15.0%
2025 0.1341 constant LCU per US$ of GDP -5.1%

Palestine compared with similar countries

  • Palestine's 0.1341 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 1.91 constant LCU per US$ of GDP, 7% of the median. (46 countries reporting)
  • Palestine's 0.1341 constant LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.2443 constant LCU per US$ of GDP, 55% of the median. (20 countries reporting)

Biggest year-on-year movements

Years where Taxes less subsidies on products (constant LCU), per unit of GDP 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.

YearChange FromTo
1995 +908.3% 0.0135 constant LCU per US$ of GDP 0.1365 constant LCU per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1833 constant LCU per US$ of GDP 0.0135 constant LCU per US$ of GDP 0.2717 constant LCU per US$ of GDP 6
2000s 0.2085 constant LCU per US$ of GDP 0.155 constant LCU per US$ of GDP 0.2583 constant LCU per US$ of GDP 10
2010s 0.1366 constant LCU per US$ of GDP 0.1119 constant LCU per US$ of GDP 0.1672 constant LCU per US$ of GDP 10
2020s 0.1435 constant LCU per US$ of GDP 0.1327 constant LCU per US$ of GDP 0.1662 constant LCU per US$ of GDP 6

Countries ranked near Palestine

  1. 120 Solomon Islands 0.1727 constant LCU per US$ of GDP compare
  2. 121 Peru 0.1656 constant LCU per US$ of GDP compare
  3. 122 Turks and Caicos Islands 0.1343 constant LCU per US$ of GDP compare
  4. 124 Tunisia 0.1273 constant LCU per US$ of GDP compare
  5. 125 Croatia 0.1191 constant LCU per US$ of GDP compare
  6. 126 New Zealand 0.1126 constant LCU per US$ of GDP compare

See the full ranking of 190 places →

More economy & growth data for Palestine

All data for Palestine →

Frequently asked questions

What is taxes less subsidies on products (constant lcu), per unit of gdp in Palestine?
Taxes less subsidies on products (constant lcu), per unit of gdp in Palestine was 0.1341 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Palestine?
The highest recorded value was 0.2717 constant LCU per US$ of GDP in 1999.
What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Palestine?
The lowest recorded value was 0.0135 constant LCU per US$ of GDP in 1994.
How does Palestine rank for taxes less subsidies on products (constant lcu), per unit of gdp?
Palestine ranks 123rd out of 189 countries with data for 2025.
Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Palestine?
Over the last ten years it is down 7.4%. The long-run trend across the full record is falling.
Where does this Palestine data come from?
The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (constant LCU), per unit of GDP in Palestine. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/west-bank-and-gaza/

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<a href="https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/west-bank-and-gaza/">Taxes less subsidies on products (constant LCU), per unit of GDP in Palestine</a> — Statizoid

How this figure is calculated

Taxes less subsidies on products (constant 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.

Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)

Computed from

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

Indicator
Taxes less subsidies on products (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
190 places, 7,344 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (constant 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.