Key information about State of Palestine (West Bank and Gaza) GDP Per Capita

• State of Palestine (West Bank and Gaza) Gross Domestic Product (GDP) per Capita reached 3,458.500 USD in Dec 2023, compared with 3,800.000 USD in Dec 2022.
• State of Palestine (West Bank and Gaza) GDP Per Capita data is updated yearly, available from Dec 1994 to Dec 2023, with an average number of 2,114.550 USD.
• The data reached an all-time high of 3,800.000 USD in Dec 2022 and a record low of 1,181.800 in Dec 2002.
• The Palestinian Central Bureau of Statistics provides annual GDP per Capita in USD.

• In the latest reports, State of Palestine (West Bank and Gaza) GDP expanded 3.483 % YoY in Sep 2024.
• State of Palestine (West Bank and Gaza) Nominal GDP reached 4.693 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) fell 6.040 % in Mar 2023.
• Gross Savings Rate of State of Palestine (West Bank and Gaza) was measured at 1.335 % in Sep 2024.

The Gross Domestic Product per capita in West Bank and Gaza was last recorded at 2862.88 US dollars in 2023. The GDP per Capita in West Bank and Gaza is equivalent to 23 percent of the world's average. West Bank and Gaza GDP per capita - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Gross Domestic Product Per Capita for the West Bank and Gaza (NYGDPPCAPCDPSE) from 1994 to 2023 about Palestinian Territory, per capita, and GDP.

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

The Gross Domestic Product per capita in West Bank and Gaza was last recorded at 5313.10 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in West Bank and Gaza, when adjusted by Purchasing Power Parity is equivalent to 30 percent of the world's average. West Bank and Gaza GDP per capita PPP - values, historical data, forecasts and news - updated on March of 2025.

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

State of Palestine (West Bank and Gaza) PS:(GDP) Gross Domestic Productper Capita: PPP data was reported at 4,885.342 Intl $ in 2017. This records a decrease from the previous number of 5,109.713 Intl $ for 2016. State of Palestine (West Bank and Gaza) PS:(GDP) Gross Domestic Productper Capita: PPP data is updated yearly, averaging 3,745.408 Intl $ from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 5,109.713 Intl $ in 2016 and a record low of 1,945.048 Intl $ in 1994. State of Palestine (West Bank and Gaza) PS:(GDP) Gross Domestic Productper Capita: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s State of Palestine (West Bank and Gaza) – Table PS.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

The growth of the real gross domestic product in Palestine was forecast to drop to -5.41 percentage points in 2023. However these estimates have not yet been adjusted to account for the impact of the 2023 Israel-Hamas War. As described by the International Monetary Fund, this indicator describes the annual change in the gross domestic product at constant prices. This is expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Graph and download economic data for Gross Domestic Product in Constant Prices for West Bank and Gaza (WBGNGDPRPCHPT) from 2000 to 2023 about Palestinian Territory, REO, real, GDP, and rate.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

This statistic shows the share of economic sectors in gross domestic product (GDP) in Palestine from 2012 to 2022. In 2022, the share of agriculture in Palestine's gross domestic product was 5.75 percent, industry contributed approximately 17.39 percent and the services sector contributed about 58.33 percent.

This line chart displays GDP (current US$) by date using the aggregation sum and is filtered where the country is West Bank and Gaza. The data is about countries per year.

Key information about State of Palestine (West Bank and Gaza) Investment: % of GDP

• State of Palestine (West Bank and Gaza) Investment accounted for 27.3 % of its Nominal GDP in Dec 2022, compared with a ratio of 27.2 % in the previous quarter.
• State of Palestine (West Bank and Gaza) investment share of Nominal GDP data is updated quarterly, available from Mar 2011 to Dec 2022, with an average ratio of 25.3 %.
• The data reached an all-time high of 29.0 % in Sep 2018 and a record low of 15.1 % in Mar 2011.

• In the latest reports, State of Palestine (West Bank and Gaza) GDP expanded 2.8 % YoY in Dec 2022.
• State of Palestine (West Bank and Gaza) Nominal GDP reached 4.8 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) fell 4.6 % in Dec 2022.
• State of Palestine (West Bank and Gaza) GDP Per Capita reached 3,779.3 USD in Dec 2022.
• Its Gross Savings Rate was measured at 6.1 % in Dec 2022.

The Gross Domestic Product (GDP) in Palestine contracted 1 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - Palestine GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product in current prices in Palestine continuously increased between 2015 and 2023 by in total 3.45 billion U.S. dollars. This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

State of Palestine (West Bank and Gaza) GDP: Gaza Strip: Services: Education data was reported at 334.600 USD mn in 2016. This records an increase from the previous number of 316.100 USD mn for 2015. State of Palestine (West Bank and Gaza) GDP: Gaza Strip: Services: Education data is updated yearly, averaging 157.300 USD mn from Dec 1994 (Median) to 2016, with 23 observations. The data reached an all-time high of 334.600 USD mn in 2016 and a record low of 78.500 USD mn in 1994. State of Palestine (West Bank and Gaza) GDP: Gaza Strip: Services: Education data remains active status in CEIC and is reported by Palestinian Central Bureau of Statistics. The data is categorized under Global Database’s State of Palestine (West Bank and Gaza) – Table PS.A006: SNA 2008: GDP by Industry: Current Price: Annual.

State of Palestine (West Bank and Gaza) PS: GDP data was reported at 14,498.100 ILS mn in 2017. This records an increase from the previous number of 13,425.700 ILS mn for 2016. State of Palestine (West Bank and Gaza) PS: GDP data is updated yearly, averaging 4,870.950 ILS mn from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 14,498.100 ILS mn in 2017 and a record low of 2,843.300 ILS mn in 1994. State of Palestine (West Bank and Gaza) PS: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s State of Palestine (West Bank and Gaza) – Table PS.World Bank.WDI: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Graph and download economic data for Cash surplus/deficit (% of GDP) for the West Bank and Gaza (GCBALCASHGDZSPSE) from 2005 to 2014 about Palestinian Territory, cash, budget, and GDP.

This dataset is about countries in West Bank and Gaza per year, featuring 4 columns: country, date, GDP, and region. The preview is ordered by date (descending).