Palestinian Territory Forecast: Real GDP Growth

1995 - 2023 | Yearly | % | International Monetary Fund

Key information about State of Palestine (West Bank and Gaza) Forecast: Real GDP Growth

  • State of Palestine (West Bank and Gaza) Real GDP Growth is forecasted to be -5.411 % in Dec 2023 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of -5.411 % in Dec 2023.
  • Looking ahead, State of Palestine (West Bank and Gaza) Real GDP Growth is projected to stand at -5.411 % in Dec 2023.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Palestinian Territory's Forecast: Real GDP Growth from 1995 to 2023 in the chart:

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Palestinian Territory Forecast: Real GDP Growth
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Palestinian Territory Forecast: Real GDP Growth

What is Palestinian Territory's Forecast: Real GDP Growth in 2023?

State of Palestine (West Bank and Gaza) Real GDP Growth is forecasted to be -5.411 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-5.411 2023 4.083 2022 -12.488 2002 21.924 2004 % yearly 1995 - 2023

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 2.711 2023 yearly 2003 - 2023
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2028 yearly 2001 - 2028
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.400 2029 yearly 1987 - 2029
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 7.157 2029 yearly 1980 - 2029
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.643 2029 yearly 1980 - 2029
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.983 2029 yearly 1980 - 2029
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.519 2029 yearly 1980 - 2029
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.432 2029 yearly 1980 - 2029
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.800 2029 yearly 2001 - 2029
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 2.145 2030 yearly 1981 - 2030
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

Palestinian Territory Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 2020 yearly 2010 - 2020
Consolidated Fiscal Balance (USD mn) -619.800 2020 yearly 2010 - 2020
Tax Revenue (USD mn) 3,316.100 2020 yearly 2010 - 2020
Tax Revenue: % of GDP (%) 21.4 2020 yearly 2005 - 2020
Government Debt: % of GDP (%) 116.8 Sep 2024 quarterly Dec 2010 - Sep 2024
Forecast: Government Expenditure (%) 30.818 2023 yearly 2009 - 2023
Forecast: Government Revenue (ILS bn) 19.065 2023 yearly 2009 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.493 2026 yearly 1995 - 2026
Trade Balance (USD mn) -434.4 Dec 2024 monthly Jan 2011 - Dec 2024
Total Exports (USD mn) 164.2 Dec 2024 monthly Jan 2011 - Dec 2024
Total Exports Growth (%) 27.5 Dec 2024 monthly Jan 2012 - Dec 2024
Aluminum: Exports (USD th) 37,933.365 2023 yearly 2000 - 2023
Exports: Medicament (USD th) 15,397.216 2023 yearly 2000 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 6,719.627 2023 yearly 2000 - 2023
Total Imports (USD mn) 598.6 Dec 2024 monthly Jan 2011 - Dec 2024
Total Imports Growth (%) 31.4 Dec 2024 monthly Jan 2012 - Dec 2024
Imports: Medicament (USD th) 162,392.789 2023 yearly 2000 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 94,433.969 2023 yearly 2000 - 2023
Total Exports to USA (USD mn) 5.188 Nov 2024 monthly Jan 2000 - Nov 2024
Total Imports from USA (USD mn) 0.668 Nov 2024 monthly Jan 2000 - Nov 2024
Total Exports to China (USD mn) 0.045 Aug 2023 monthly Jan 2007 - Aug 2023
Total Imports from China (USD mn) 25.610 Dec 2023 monthly Jan 2000 - Dec 2023
Export Value Index (2015=100) 140.009 2021 yearly 1995 - 2021
Import Volume Index (2015=100) 77.877 2021 yearly 2000 - 2021
Import Value Index (2015=100) 136.509 2021 yearly 1995 - 2021
Export Volume Index (2015=100) 118.305 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 0.0 Sep 2024 quarterly Mar 2011 - Sep 2024
Current Account Balance (USD mn) -870.0 Sep 2024 quarterly Mar 2011 - Sep 2024
Current Account Balance: % of GDP (%) -16.1 Mar 2023 quarterly Mar 2011 - Mar 2023
Foreign Direct Investment (USD mn) 87.0 Sep 2024 quarterly Mar 2011 - Sep 2024
Foreign Direct Investment: % of GDP (%) 2.5 Sep 2024 quarterly Mar 2011 - Sep 2024
Foreign Portfolio Investment (USD mn) -49.000 Sep 2024 quarterly Mar 2011 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -1.4 Sep 2024 quarterly Mar 2011 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -43.4 Mar 2024 quarterly Mar 2012 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 Mar 2024 quarterly Mar 2013 - Mar 2024
External Debt (USD mn) 1,535.0 Dec 2018 monthly Dec 2012 - Dec 2018
External Debt: % of GDP (%) 11.9 2023 yearly 2012 - 2023
External Debt: Short Term (USD mn) 388.5 Dec 2018 monthly Dec 2013 - Dec 2018
External Debt: Short Term: % of GDP (%) 3.6 2023 yearly 2012 - 2023
Forecast: Current Account Balance (USD bn) -2.895 2023 yearly 1994 - 2023
Net International Investment Position (USD mn) 6,185.000 Sep 2024 quarterly Dec 2013 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.4 Jun 2024 quarterly Dec 2008 - Jun 2024
Non-Performing Loans (USD mn) 553.833 Jun 2024 quarterly Dec 2008 - Jun 2024
Money Supply M1 (USD mn) 12,891.300 Sep 2024 quarterly Mar 2013 - Sep 2024
Money Supply M2 (USD mn) 17,979.221 Jan 2025 monthly Jul 2002 - Jan 2025
M2 Growth (%) 10.0 Jan 2025 monthly Jul 2003 - Jan 2025
Foreign Exchange Reserves (USD mn) 652.2 Jan 2025 monthly Jan 2006 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 17.215 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 0.9 Dec 2024 monthly Jan 2011 - Dec 2024
Total Deposits (USD mn) 19,006.837 Jan 2025 monthly Jan 2000 - Jan 2025
Total Deposits Growth (%) 9.1 Jan 2025 monthly Jan 2001 - Jan 2025
Domestic Credit (USD mn) 12,114.1 Jan 2025 monthly Dec 1998 - Jan 2025
Domestic Credit Growth (%) 2.3 Jan 2025 monthly Dec 1999 - Jan 2025
Total Loans (USD mn) 9,943.207 Jan 2025 monthly Jan 2007 - Jan 2025
Total Loans Growth (%) -1.94 Jan 2025 monthly Jan 2008 - Jan 2025
Private Debt: % of Nominal GDP (%) 67.53 Sep 2024 quarterly Dec 2013 - Sep 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 23.1 Feb 2025 monthly Apr 2014 - Feb 2025

More Indicators for Palestinian Territory

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