State of Palestine (West Bank and Gaza) PS: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government

1994 - 2024 | Yearly | USD mn | World Bank

State of Palestine (West Bank and Gaza) PS: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government data was reported at 2.277 USD bn in 2024. This records a decrease from the previous number of 3.038 USD bn for 2023. State of Palestine (West Bank and Gaza) PS: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government data is updated yearly, averaging 2.717 USD bn from Dec 1994 (Median) to 2024, with 31 observations. The data reached an all-time high of 3.585 USD bn in 2016 and a record low of 859.729 USD mn in 1994. State of Palestine (West Bank and Gaza) PS: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government 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: Real. Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;

View Palestinian Territory's State of Palestine (West Bank and Gaza) PS: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government from 1994 to 2024 in the chart:

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Palestinian Territory State of Palestine (West Bank and Gaza) PS: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government
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Palestinian Territory State of Palestine (West Bank and Gaza) PS: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government

What was Palestinian Territory's State of Palestine (West Bank and Gaza) PS: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government in 2024?

Last Previous Min Max Unit Frequency Range
2,277.200 2024 3,037.700 2023 859.729 1994 3,584.700 2016 USD mn yearly 1994 - 2024

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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 (%) 88.6 Sep 2025 quarterly Mar 2011 - Sep 2025
Investment: % of GDP (%) 28.7 Jun 2025 quarterly Mar 2011 - Jun 2025
Public Consumption: % of GDP (%) 17.4 Sep 2025 quarterly Mar 2011 - Sep 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) 1,087.800 Sep 2025 quarterly Mar 2011 - Sep 2025
Nominal GDP Growth (%) -9.281 Jun 2025 quarterly Mar 2001 - Jun 2025
Private Consumption Expenditure (USD mn) 3,829.200 Sep 2025 quarterly Mar 2011 - Sep 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 (%) 4.0 Nov 2025 monthly Jan 2012 - Nov 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 (%) 110.9 Sep 2025 quarterly Dec 2010 - Sep 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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