GDP in Palestine

Palestine: GDP was 12.46 billion constant LCU in 2025. ▲ Rising

Latest (2025)
12.46 billion constant LCU
Change on year
up 4.3%
World rank
174th
of 214 countries
All-time high
15.83 billion constant LCU
in 2019
All-time low
5.06 billion constant LCU
in 1994
Years of data
32
1994–2025

GDP in Palestine, 1994–2025

5.0B7.5B10.0B12.5B15.0B1994200920251994: 5.1B constant LCU1995: 5.4B constant LCU1996: 5.5B constant LCU1997: 6.3B constant LCU1998: 7.2B constant LCU1999: 7.8B constant LCU2000: 7.1B constant LCU2001: 6.5B constant LCU2002: 5.6B constant LCU2003: 6.4B constant LCU2004: 7.9B constant LCU2005: 8.7B constant LCU2006: 8.7B constant LCU2007: 9.0B constant LCU2008: 9.6B constant LCU2009: 10.5B constant LCU2010: 11.1B constant LCU2011: 12.1B constant LCU2012: 12.9B constant LCU2013: 13.5B constant LCU2014: 13.5B constant LCU2015: 14.0B constant LCU2016: 15.2B constant LCU2017: 15.4B constant LCU2018: 15.6B constant LCU2019: 15.8B constant LCU2020: 14.0B constant LCU2021: 15.0B constant LCU2022: 15.6B constant LCU2023: 15.5B constant LCU2024: 11.9B constant LCU2025: 12.5B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2025, gdp in Palestine stood at 12.46 billion constant LCU.

Compared with earlier readings it is up 4.3% on the previous year and down 10.8% over ten years.

Over the whole period, gdp in Palestine peaked at 15.83 billion constant LCU in 2019 and was at its lowest, 5.06 billion constant LCU, in 1994.

That places Palestine 174th out of 214 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 32 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.20 billion constant LCU 5.06 billion constant LCU 7.78 billion constant LCU 6
2000s 8.00 billion constant LCU 5.65 billion constant LCU 10.48 billion constant LCU 10
2010s 13.91 billion constant LCU 11.08 billion constant LCU 15.83 billion constant LCU 10
2020s 14.10 billion constant LCU 11.94 billion constant LCU 15.63 billion constant LCU 6

Countries ranked near Palestine

  1. 171 Barbados 15.34 billion constant LCU compare
  2. 172 Bahamas 14.11 billion constant LCU compare
  3. 173 Fiji 12.59 billion constant LCU compare
  4. 175 Sudan 12.20 billion constant LCU compare
  5. 176 Tajikistan 11.37 billion constant LCU compare
  6. 177 Solomon Islands 11.07 billion constant LCU compare

See the full ranking of 214 places →

More economy & growth data for Palestine

All data for Palestine →

Frequently asked questions

What is gdp in Palestine?
Gdp in Palestine was 12.46 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gdp recorded in Palestine?
The highest recorded value was 15.83 billion constant LCU in 2019.
What is the lowest gdp recorded in Palestine?
The lowest recorded value was 5.06 billion constant LCU in 1994.
How does Palestine rank for gdp?
Palestine ranks 174th out of 214 countries with data for 2025.
Is gdp rising or falling in Palestine?
Over the last ten years it is down 10.8%. The long-run trend across the full record is rising.
Where does this Palestine data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
214 places, 11,623 data points, 1960–2025
Last refreshed

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.