Trade in services in Palestine, State of
Palestine, State of: Trade in services was 11.6% in 2025. ▼ Falling
Trade in services in Palestine, State of, 1995–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Palestine, State of recorded 11.6% for trade in services in 2025. That is the lowest value across all 31 years on record.
The figure is down 2.6% on the previous year and down 21.0% over ten years.
Over the whole period, trade in services in Palestine, State of peaked at 24.7% in 1999 and was at its lowest, 11.6%, in 2025.
Palestine, State of ranks 155th of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Trade in services in Palestine, State of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 20.3% | — |
| 1996 | 21.5% | +6.2% |
| 1997 | 21.0% | -2.5% |
| 1998 | 23.9% | +14.0% |
| 1999 | 24.7% | +3.4% |
| 2000 | 19.4% | -21.5% |
| 2001 | 19.0% | -2.0% |
| 2002 | 20.6% | +8.4% |
| 2003 | 16.8% | -18.7% |
| 2004 | 16.0% | -4.3% |
| 2005 | 13.3% | -17.0% |
| 2006 | 12.0% | -10.1% |
| 2007 | 15.4% | +29.0% |
| 2008 | 14.4% | -6.4% |
| 2009 | 13.6% | -6.1% |
| 2010 | 15.9% | +17.6% |
| 2011 | 14.7% | -8.1% |
| 2012 | 14.5% | -1.3% |
| 2013 | 13.9% | -3.8% |
| 2014 | 12.7% | -8.8% |
| 2015 | 14.7% | +15.5% |
| 2016 | 12.4% | -15.2% |
| 2017 | 13.6% | +9.7% |
| 2018 | 15.6% | +14.2% |
| 2019 | 16.5% | +5.9% |
| 2020 | 14.4% | -12.7% |
| 2021 | 14.5% | +0.9% |
| 2022 | 15.8% | +8.4% |
| 2023 | 15.5% | -1.9% |
| 2024 | 11.9% | -23.1% |
| 2025 | 11.6% | -2.6% |
Palestine, State of compared with similar countries
- Palestine, State of's 11.6% is below the median for lower middle income countries, which is 13.8%, 84% of the median. (47 countries reporting)
- Palestine, State of's 11.6% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 20.8%, 56% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.3% | 20.3% | 24.7% | 5 |
| 2000s | 16.1% | 12.0% | 20.6% | 10 |
| 2010s | 14.5% | 12.4% | 16.5% | 10 |
| 2020s | 13.9% | 11.6% | 15.8% | 6 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- 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)
- Total reserves (includes gold, current US$), per capita 337.15 includes gold, current US$ per person (2025)
Frequently asked questions
- What is trade in services in Palestine, State of?
- Trade in services in Palestine, State of was 11.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Palestine, State of?
- The highest recorded value was 24.7% in 1999.
- What is the lowest trade in services recorded in Palestine, State of?
- The lowest recorded value was 11.6% in 2025.
- How does Palestine, State of rank for trade in services?
- Palestine, State of ranks 155th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Palestine, State of?
- Over the last ten years it is down 21.0%. The long-run trend across the full record is falling.
- Where does this Palestine, State of data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.