Volume of remittances (in United States dollars) as a proportion of in State of Palestine
State of Palestine: Volume of remittances (in United States dollars) as a proportion of was 5.4% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in State of Palestine, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in State of Palestine is 5.4%, measured in 2024. That is the lowest value across all 25 years on record.
That represents a change of down 70.5% on the previous year and down 58.4% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in State of Palestine peaked at 24.0% in 2022 and was at its lowest, 5.4%, in 2024.
That places State of Palestine 63rd out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in State of Palestine, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 20.0% | — |
| 2001 | 20.1% | +0.5% |
| 2002 | 21.7% | +7.8% |
| 2003 | 7.8% | -64.0% |
| 2004 | 8.7% | +10.8% |
| 2005 | 7.4% | -14.8% |
| 2006 | 8.7% | +17.6% |
| 2007 | 10.3% | +18.6% |
| 2008 | 10.1% | -1.5% |
| 2009 | 9.3% | -7.8% |
| 2010 | 9.6% | +2.5% |
| 2011 | 10.2% | +6.6% |
| 2012 | 14.2% | +39.4% |
| 2013 | 11.0% | -22.6% |
| 2014 | 12.9% | +17.1% |
| 2015 | 13.0% | +0.8% |
| 2016 | 13.5% | +4.1% |
| 2017 | 14.8% | +8.9% |
| 2018 | 17.4% | +18.0% |
| 2019 | 18.4% | +5.7% |
| 2020 | 16.5% | -10.4% |
| 2021 | 20.8% | +26.0% |
| 2022 | 24.0% | +15.5% |
| 2023 | 18.2% | -24.2% |
| 2024 | 5.4% | -70.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.4% | 7.4% | 21.7% | 10 |
| 2010s | 13.5% | 9.6% | 18.4% | 10 |
| 2020s | 17.0% | 5.4% | 24.0% | 5 |
Countries ranked near State of Palestine
More economy & growth data for State of Palestine
- Foreign direct investment (FDI) inflows 162 (2024)
- Annual growth rate of real GDP per employed person -5.0% (2022)
- Manufacturing value added (constant 2020 United States dollars) as a 14.9% (2025)
- Manufacturing value added (current United States dollars) as a 11.3% (2024)
- Annual growth rate of real GDP per capita -24.1% (2024)
- Annual GDP growth -26.6% (2024)
- Foreign direct investment, net inflows, as a proportion of GDP 1.2% (2024)
- Annual growth of exports of goods and services -11.1% (2024)
- Annual growth of imports of goods and services -31.1% (2024)
- Domestic material consumption per unit of GDP, by type of raw material 1.59 (2022)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in State of Palestine?
- Volume of remittances (in united states dollars) as a proportion of in State of Palestine was 5.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in State of Palestine?
- The highest recorded value was 24.0% in 2022.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in State of Palestine?
- The lowest recorded value was 5.4% in 2024.
- How does State of Palestine rank for volume of remittances (in united states dollars) as a proportion of?
- State of Palestine ranks 63rd out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in State of Palestine?
- Over the last ten years it is down 58.4%. The long-run trend across the full record is rising.
- Where does this State of Palestine data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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