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Palestine GDPPalestine GDPPalestine GDP

Palestine GDP

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PSGDP chart



Key data points


Last release
—
Observation period
2024
Next release
—
Forecast
—
Highest
‪19.17 B‬ USD on Dec 31, 2022
Lowest
‪180.00 M‬ USD on Dec 31, 1970

About Palestine GDP


Category
GDP
Source
World Bank
Frequency
Annual
Units
USD
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.

Palestine, State of in figures — see more economic indicators tied to PSGDP.
GDP
PSGDP
GDP From Agriculture
PSGDPA
GDP From Construction
PSGDPC
Real GDP
PSGDPCP
GDP From Manufacturing
PSGDPMAN
GDP From Mining
PSGDPMIN
GDP From Public Administration
PSGDPPA
GDP Per Capita PPP
PSGDPPCP
GDP From Services
PSGDPS
GDP From Transport
PSGDPT
GDP From Utilities
PSGDPU
GDP Growth
PSGDPYY
Gross Fixed Capital Formation
PSGFCF

Frequently Asked Questions


One of the ways to count Palestine GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2024 Palestine GDP was 13.71 B USD, and the year before it reached 17.85 B USD.
Palestine GDP accounts for 0.01% of the world GDP.
Last quarter Palestine Real GDP was ‪2.82 B‬ USD, the quarter before it reached ‪2.85 B‬ USD.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Palestine GDP has ever reached is 19.17 B USD.
The lowest ever value Palestine GDP has reached is 180 M USD.