Taxes less subsidies on products (current US$) in Palestine
Palestine: Taxes less subsidies on products (current US$) was 2.89 billion current US$ in 2024. ◆ Volatile
Taxes less subsidies on products in Palestine, 1994–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, taxes less subsidies on products in Palestine stood at 2.89 billion current US$.
The figure is down 21.2% on the previous year and up 61.6% over ten years.
Over the whole period, taxes less subsidies on products in Palestine peaked at 3.66 billion current US$ in 2023 and was at its lowest, 20.00 million current US$, in 1994.
Palestine ranks 99th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$) in Palestine, year by year
| Year | current US$ | Change |
|---|---|---|
| 1994 | 20.00 million current US$ | — |
| 1995 | 247.20 million current US$ | +1136.0% |
| 1996 | 367.00 million current US$ | +48.5% |
| 1997 | 481.70 million current US$ | +31.3% |
| 1998 | 548.90 million current US$ | +14.0% |
| 1999 | 598.70 million current US$ | +9.1% |
| 2000 | 598.20 million current US$ | -0.1% |
| 2001 | 425.50 million current US$ | -28.9% |
| 2002 | 298.90 million current US$ | -29.8% |
| 2003 | 390.50 million current US$ | +30.6% |
| 2004 | 527.10 million current US$ | +35.0% |
| 2005 | 651.40 million current US$ | +23.6% |
| 2006 | 641.90 million current US$ | -1.5% |
| 2007 | 755.50 million current US$ | +17.7% |
| 2008 | 1.10 billion current US$ | +45.8% |
| 2009 | 1.18 billion current US$ | +7.1% |
| 2010 | 1.42 billion current US$ | +20.4% |
| 2011 | 1.40 billion current US$ | -1.5% |
| 2012 | 1.43 billion current US$ | +1.9% |
| 2013 | 1.77 billion current US$ | +23.9% |
| 2014 | 1.79 billion current US$ | +1.1% |
| 2015 | 2.02 billion current US$ | +13.3% |
| 2016 | 2.18 billion current US$ | +7.9% |
| 2017 | 2.38 billion current US$ | +8.8% |
| 2018 | 2.18 billion current US$ | -8.3% |
| 2019 | 2.30 billion current US$ | +5.5% |
| 2020 | 2.38 billion current US$ | +3.6% |
| 2021 | 2.88 billion current US$ | +21.2% |
| 2022 | 3.55 billion current US$ | +23.2% |
| 2023 | 3.66 billion current US$ | +3.1% |
| 2024 | 2.89 billion current US$ | -21.2% |
Palestine compared with similar countries
- Palestine's 2.89 billion current US$ is above the median for lower middle income countries, which is 2.40 billion current US$, 1.2× the median. (46 countries reporting)
- Palestine's 2.89 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.90 billion current US$, 100% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$) 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.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +1136.0% | 20.00 million current US$ | 247.20 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 377.25 million current US$ | 20.00 million current US$ | 598.70 million current US$ | 6 |
| 2000s | 657.00 million current US$ | 298.90 million current US$ | 1.18 billion current US$ | 10 |
| 2010s | 1.89 billion current US$ | 1.40 billion current US$ | 2.38 billion current US$ | 10 |
| 2020s | 3.07 billion current US$ | 2.38 billion current US$ | 3.66 billion current US$ | 5 |
Countries ranked near Palestine
More economy & growth data for Palestine
- Real gdp growth, annual growth rate -123.81 % change on previous year (2023)
- Foreign direct investment, net outflows (BoP, current US$), gaps 14.66 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 329.83 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 103.37 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0192 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 60.93 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 37.44 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1063 includes gold, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Palestine?
- Taxes less subsidies on products in Palestine was 2.89 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Palestine?
- The highest recorded value was 3.66 billion current US$ in 2023.
- What is the lowest taxes less subsidies on products recorded in Palestine?
- The lowest recorded value was 20.00 million current US$ in 1994.
- How does Palestine rank for taxes less subsidies on products?
- Palestine ranks 99th out of 199 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Palestine?
- Over the last ten years it is up 61.6%. The long-run trend across the full record is volatile.
- Where does this Palestine data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.