Total Expenditure (central government) — Value Standard Local Currency in Palestine, State of

Palestine, State of: Total Expenditure (central government) — Value Standard Local Currency was 4,983 million SLC in 2024. ▲ Rising

Latest (2024)
4,983 million SLC
Change on year
down 0.3%
World rank
149th
of 174 countries
All-time high
4,997 million SLC
in 2023
All-time low
1,925 million SLC
in 2005
Years of data
20
2005–2024

Total Expenditure (central government) — Value Standard Local Currency in Palestine, State of, 2005–2024

01.0k2.0k3.0k4.0k5.0k2005201420242005: 1.9k million SLC2006: 2.3k million SLC2007: 2.2k million SLC2008: 3.1k million SLC2009: 3.1k million SLC2010: 3.2k million SLC2011: 3.4k million SLC2012: 3.3k million SLC2013: 3.5k million SLC2014: 3.9k million SLC2015: 3.8k million SLC2016: 4.1k million SLC2017: 4.5k million SLC2018: 4.2k million SLC2019: 4.3k million SLC2020: 4.7k million SLC2021: 4.8k million SLC2022: 4.7k million SLC2023: 5.0k million SLC2024: 5.0k million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

Palestine, State of recorded 4,983 million SLC for total expenditure (central government) — value standard local currency in 2024.

Compared with earlier readings it is down 0.3% on the previous year and up 28.8% over ten years.

Over the whole period, total expenditure (central government) — value standard local currency in Palestine, State of peaked at 4,997 million SLC in 2023 and was at its lowest, 1,925 million SLC, in 2005.

That places Palestine, State of 149th out of 174 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Total Expenditure (central government) — Value Standard Local Currency in Palestine, State of, year by year

Annual values for Total Expenditure (central government) — Value Standard Local Currency in Palestine, State of, 2005 to 2024.
Year million SLC Change
2005 1,925 million SLC
2006 2,310 million SLC +20.0%
2007 2,247 million SLC -2.7%
2008 3,111 million SLC +38.5%
2009 3,060 million SLC -1.6%
2010 3,159 million SLC +3.2%
2011 3,359 million SLC +6.3%
2012 3,271 million SLC -2.6%
2013 3,520 million SLC +7.6%
2014 3,868 million SLC +9.9%
2015 3,771 million SLC -2.5%
2016 4,109 million SLC +9.0%
2017 4,493 million SLC +9.4%
2018 4,190 million SLC -6.7%
2019 4,343 million SLC +3.6%
2020 4,674 million SLC +7.6%
2021 4,840 million SLC +3.6%
2022 4,674 million SLC -3.4%
2023 4,997 million SLC +6.9%
2024 4,983 million SLC -0.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2,531 million SLC 1,925 million SLC 3,111 million SLC 5
2010s 3,808 million SLC 3,159 million SLC 4,493 million SLC 10
2020s 4,834 million SLC 4,674 million SLC 4,997 million SLC 5

Countries ranked near Palestine, State of

  1. 146 Bosnia and Herzegovina 6,958 million SLC compare
  2. 147 Brunei Darussalam 6,163 million SLC compare
  3. 148 Solomon Islands 5,302 million SLC compare
  4. 150 Barbados 4,698 million SLC compare
  5. 151 Sao Tome and Principe 3,775 million SLC compare
  6. 152 Bahrain 3,623 million SLC compare

See the full ranking of 189 places →

More economy & growth data for Palestine, State of

All data for Palestine, State of →

Frequently asked questions

What is total expenditure (central government) — value standard local currency in Palestine, State of?
Total expenditure (central government) — value standard local currency in Palestine, State of was 4,983 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (central government) — value standard local currency recorded in Palestine, State of?
The highest recorded value was 4,997 million SLC in 2023.
What is the lowest total expenditure (central government) — value standard local currency recorded in Palestine, State of?
The lowest recorded value was 1,925 million SLC in 2005.
How does Palestine, State of rank for total expenditure (central government) — value standard local currency?
Palestine, State of ranks 149th out of 174 countries with data for 2024.
Is total expenditure (central government) — value standard local currency rising or falling in Palestine, State of?
Over the last ten years it is up 28.8%. The long-run trend across the full record is rising.
Where does this Palestine, State of data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Total Expenditure (central government) — Value Standard Local Currency in Palestine, State of. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/total-expenditure-central-government-value-standard-local-currency/west-bank-and-gaza/

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About this data

Indicator
Total Expenditure (central government) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
189 places, 3,863 data points, 2001–2024
Last refreshed

The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.