State of Palestine (West Bank and Gaza) PS: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series

1994 - 2023 | Yearly | USD mn | World Bank

State of Palestine (West Bank and Gaza) PS: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 17.683 USD bn in 2023. This records a decrease from the previous number of 19.137 USD bn for 2022. State of Palestine (West Bank and Gaza) PS: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 7.936 USD bn from Dec 1994 (Median) to 2023, with 30 observations. The data reached an all-time high of 19.137 USD bn in 2022 and a record low of 2.941 USD bn in 1994. State of Palestine (West Bank and Gaza) PS: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series 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. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

View Palestinian Territory's State of Palestine (West Bank and Gaza) PS: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series from 1994 to 2023 in the chart:

Palestinian Territory State of Palestine (West Bank and Gaza) PS: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series

What was Palestinian Territory's State of Palestine (West Bank and Gaza) PS: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series in 2023?

Last Previous Min Max Unit Frequency Range
17,682.600 2023 19,136.500 2022 2,941.378 1994 19,136.500 2022 USD mn yearly 1994 - 2023

Related Indicators for State of Palestine (West Bank and Gaza) PS: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Palestinian Territory Key Series

National Accounts Last Frequency Range
Nominal GDP (USD mn) 3,017.5 Jun 2025 quarterly Mar 2000 - Jun 2025
Real GDP Growth (%) 0.5 Jun 2025 quarterly Jun 2000 - Jun 2025
GDP Deflator Growth (%) -13.3 Jun 2025 quarterly Mar 2001 - Jun 2025
Private Consumption: % of GDP (%) 92.0 Jun 2025 quarterly Mar 2011 - Jun 2025
Investment: % of GDP (%) 28.7 Jun 2025 quarterly Mar 2011 - Jun 2025
Public Consumption: % of GDP (%) 22.2 Jun 2025 quarterly Mar 2011 - Jun 2025
GDP per Capita (USD) 2,610.200 2024 yearly 1994 - 2024
Gross Savings Rate (%) 5.9 Jun 2025 quarterly Mar 2011 - Jun 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 95.354 Jun 2025 quarterly Mar 2011 - Jun 2025
Gross Fixed Capital Formation (USD mn) 804.900 Jun 2025 quarterly Mar 2011 - Jun 2025
Nominal GDP Growth (%) -9.281 Jun 2025 quarterly Mar 2001 - Jun 2025
Private Consumption Expenditure (USD mn) 2,777.100 Jun 2025 quarterly Mar 2011 - Jun 2025
Public Consumption Expenditure (USD mn) 670.300 Jun 2025 quarterly Mar 2011 - Jun 2025
Gross National Product (GNP) (USD mn) 3,212.800 Jun 2025 quarterly Mar 2011 - Jun 2025
Forecast: Real GDP Growth (%) -26.558 2024 yearly 1995 - 2024
Forecast: Nominal GDP Per Capita (USD) 2,442.539 2024 yearly 1994 - 2024
Forecast: GDP PPP Per Capita (PPP Intl $) 4,124.553 2024 yearly 1994 - 2024
Production Last Frequency Range
Industrial Production Index Growth (%) 1.5 Oct 2025 monthly Jan 2012 - Oct 2025
Construction and Properties Last Frequency Range
Building Permits (Unit) 2,184.000 Sep 2025 quarterly Mar 1996 - Sep 2025
House Prices Growth (%) -0.6 Sep 2025 quarterly Mar 2019 - Sep 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance (USD mn) 192.600 2024 yearly 2010 - 2024
Tax Revenue: % of GDP (%) 27.3 2024 yearly 2005 - 2024
Consolidated Fiscal Balance: % of GDP (%) 1.4 2024 yearly 2010 - 2024
Government Debt: % of GDP (%) 151.6 Jun 2025 quarterly Dec 2010 - Jun 2025
Tax Revenue (USD mn) 3,740.100 2024 yearly 2010 - 2024
Forecast: Government Revenue (ILS bn) 17.574 2024 yearly 2009 - 2024
Forecast: Government Expenditure (%) 38.183 2024 yearly 2009 - 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 1,105,000.000 2023 yearly 1995 - 2023
Labour Productivity Growth (%) 0.72 Jun 2025 quarterly Dec 2009 - Jun 2025
Labour Force Participation Rate (%) 46.1 Sep 2025 quarterly Jun 2002 - Sep 2025
Population (Person mn) 5.9 2026 yearly 1950 - 2026
Unemployment Rate (%) 28.50 Sep 2025 quarterly Mar 2000 - Sep 2025
Forecast: Population (Person mn) 5.477 2023 yearly 1993 - 2023
Forecast: Unemployment Rate (%) 24.420 2022 yearly 1993 - 2022

More Indicators for Palestinian Territory

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data