State of Palestine (West Bank and Gaza) PS: GDP: PPP

1994 - 2017 | Yearly | Intl $ mn | World Bank

State of Palestine (West Bank and Gaza) PS: GDP: PPP data was reported at 22,886.737 Intl $ mn in 2017. This records a decrease from the previous number of 23,257.194 Intl $ mn for 2016. State of Palestine (West Bank and Gaza) PS: GDP: PPP data is updated yearly, averaging 12,787.924 Intl $ mn from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 23,257.194 Intl $ mn in 2016 and a record low of 4,602.563 Intl $ mn in 1994. State of Palestine (West Bank and Gaza) PS: GDP: PPP 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: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

View Palestinian Territory's State of Palestine (West Bank and Gaza) PS: GDP: PPP from 1994 to 2017 in the chart:

Palestinian Territory State of Palestine (West Bank and Gaza) PS: GDP: PPP

What was Palestinian Territory's State of Palestine (West Bank and Gaza) PS: GDP: PPP in 2017?

Last Previous Min Max Unit Frequency Range
22,886.737 2017 23,257.194 2016 4,602.563 1994 23,257.194 2016 Intl $ mn yearly 1994 - 2017

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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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