GDP in Palestine

Palestine: GDP was 17.17 billion current LCU in 2025. ◆ Volatile

Latest (2025)
17.17 billion current LCU
Change on year
up 7.2%
World rank
174th
of 213 countries
All-time high
19.17 billion current LCU
in 2022
All-time low
2.84 billion current LCU
in 1994
Years of data
32
1994–2025

GDP in Palestine, 1994–2025

5.0B10.0B15.0B20.0B1994200920251994: 2.8B current LCU1995: 3.3B current LCU1996: 3.4B current LCU1997: 3.8B current LCU1998: 4.1B current LCU1999: 4.3B current LCU2000: 4.3B current LCU2001: 4.0B current LCU2002: 3.6B current LCU2003: 4.0B current LCU2004: 4.6B current LCU2005: 5.1B current LCU2006: 5.3B current LCU2007: 5.8B current LCU2008: 7.3B current LCU2009: 8.1B current LCU2010: 9.7B current LCU2011: 11.2B current LCU2012: 12.2B current LCU2013: 13.5B current LCU2014: 14.0B current LCU2015: 14.0B current LCU2016: 15.4B current LCU2017: 16.1B current LCU2018: 16.3B current LCU2019: 17.1B current LCU2020: 15.5B current LCU2021: 18.1B current LCU2022: 19.2B current LCU2023: 18.6B current LCU2024: 16.0B current LCU2025: 17.2B current LCU

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

Analysis

The most recent figure for gdp in Palestine is 17.17 billion current LCU, measured in 2025.

Compared with earlier readings it is up 7.2% on the previous year and up 22.9% over ten years.

Over the whole period, gdp in Palestine peaked at 19.17 billion current LCU in 2022 and was at its lowest, 2.84 billion current LCU, in 1994.

That places Palestine 174th out of 213 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.61 billion current LCU 2.84 billion current LCU 4.27 billion current LCU 6
2000s 5.21 billion current LCU 3.56 billion current LCU 8.09 billion current LCU 10
2010s 13.95 billion current LCU 9.68 billion current LCU 17.13 billion current LCU 10
2020s 17.44 billion current LCU 15.53 billion current LCU 19.17 billion current LCU 6

Countries ranked near Palestine

  1. 171 Sao Tome and Principe 21.28 billion current LCU compare
  2. 172 Brunei 19.66 billion current LCU compare
  3. 173 Bahrain 18.41 billion current LCU compare
  4. 175 Barbados 16.03 billion current LCU compare
  5. 176 Bahamas 15.83 billion current LCU compare
  6. 177 Solomon Islands 14.57 billion current LCU compare

See the full ranking of 213 places →

More economy & growth data for Palestine

All data for Palestine →

Frequently asked questions

What is gdp in Palestine?
Gdp in Palestine was 17.17 billion current 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 19.17 billion current LCU in 2022.
What is the lowest gdp recorded in Palestine?
The lowest recorded value was 2.84 billion current LCU in 1994.
How does Palestine rank for gdp?
Palestine ranks 174th out of 213 countries with data for 2025.
Is gdp rising or falling in Palestine?
Over the last ten years it is up 22.9%. The long-run trend across the full record is volatile.
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 (current 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 (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 11,862 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.