State of Palestine (West Bank and Gaza) PS: GDP: Gross Value Added at Factor Cost

1994 - 2016 | Yearly | ILS mn | World Bank

State of Palestine (West Bank and Gaza) PS: GDP: Gross Value Added at Factor Cost data was reported at 11,241.700 ILS mn in 2016. This records an increase from the previous number of 10,649.400 ILS mn for 2015. State of Palestine (West Bank and Gaza) PS: GDP: Gross Value Added at Factor Cost data is updated yearly, averaging 4,180.400 ILS mn from Dec 1994 (Median) to 2016, with 23 observations. The data reached an all-time high of 11,241.700 ILS mn in 2016 and a record low of 2,823.300 ILS mn in 1994. State of Palestine (West Bank and Gaza) PS: GDP: Gross Value Added at Factor Cost 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. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

View Palestinian Territory's State of Palestine (West Bank and Gaza) PS: GDP: Gross Value Added at Factor Cost from 1994 to 2016 in the chart:

Palestinian Territory State of Palestine (West Bank and Gaza) PS: GDP: Gross Value Added at Factor Cost

What was Palestinian Territory's State of Palestine (West Bank and Gaza) PS: GDP: Gross Value Added at Factor Cost in 2016?

Last Previous Min Max Unit Frequency Range
11,241.700 2016 10,649.400 2015 2,823.300 1994 11,241.700 2016 ILS mn yearly 1994 - 2016

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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

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