Taxes less subsidies on products in Palestine, State of
Palestine, State of: Taxes less subsidies on products was 2.89 billion current US$ in 2024. ◆ Volatile
Taxes less subsidies on products in Palestine, State of, 1994–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, taxes less subsidies on products in Palestine, State of stood at 2.89 billion current US$.
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, State of peaked at 3.66 billion current US$ in 2023 and was at its lowest, 20.00 million current US$, in 1994.
Palestine, State of ranks 99th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Palestine, State of, year by year
| Year | current US$ | 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% |
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, State of
More economy & growth data for Palestine, State of
- Households and NPISHs Final consumption expenditure (current LCU) 8.01 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.9061 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 2,873 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.81 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.6313 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2,002 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 7.39 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 1.08 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 3,414 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 7.39 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products in Palestine, State of?
- Taxes less subsidies on products in Palestine, State of 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, State of?
- The highest recorded value was 3.66 billion current US$ in 2023.
- What is the lowest taxes less subsidies on products recorded in Palestine, State of?
- The lowest recorded value was 20.00 million current US$ in 1994.
- How does Palestine, State of rank for taxes less subsidies on products?
- Palestine, State of ranks 99th out of 199 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Palestine, State of?
- Over the last ten years it is up 61.6%. The long-run trend across the full record is volatile.
- Where does this Palestine, State of 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.