GDP at market prices (constant 2010 US$) in Palestine
Palestine: GDP at market prices (constant 2010 US$) was 10.96 billion constant 2010 US$ in 2024. ▲ Rising
Latest (2024)
10.96 billion constant 2010 US$
Change on year
down 26.6%
World rank
146th
of 208 countries
All-time high
15.83 billion constant 2010 US$
in 2019
All-time low
5.06 billion constant 2010 US$
in 1994
Years of data
31
1994–2024
GDP at market prices in Palestine, 1994–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
Palestine recorded 10.96 billion constant 2010 US$ for gdp at market prices in 2024.
The figure is down 26.6% on the previous year and down 18.6% over ten years.
Over the whole period, gdp at market prices in Palestine peaked at 15.83 billion constant 2010 US$ in 2019 and was at its lowest, 5.06 billion constant 2010 US$, in 1994.
That places Palestine 146th out of 208 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
GDP at market prices (constant 2010 US$) in Palestine, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1994 | 5.06 billion constant 2010 US$ | — |
| 1995 | 5.42 billion constant 2010 US$ | +7.1% |
| 1996 | 5.48 billion constant 2010 US$ | +1.2% |
| 1997 | 6.29 billion constant 2010 US$ | +14.7% |
| 1998 | 7.19 billion constant 2010 US$ | +14.3% |
| 1999 | 7.78 billion constant 2010 US$ | +8.3% |
| 2000 | 7.12 billion constant 2010 US$ | -8.6% |
| 2001 | 6.46 billion constant 2010 US$ | -9.3% |
| 2002 | 5.65 billion constant 2010 US$ | -12.5% |
| 2003 | 6.44 billion constant 2010 US$ | +14.0% |
| 2004 | 7.85 billion constant 2010 US$ | +21.9% |
| 2005 | 8.74 billion constant 2010 US$ | +11.3% |
| 2006 | 8.65 billion constant 2010 US$ | -1.0% |
| 2007 | 8.98 billion constant 2010 US$ | +3.8% |
| 2008 | 9.65 billion constant 2010 US$ | +7.4% |
| 2009 | 10.48 billion constant 2010 US$ | +8.6% |
| 2010 | 11.08 billion constant 2010 US$ | +5.8% |
| 2011 | 12.15 billion constant 2010 US$ | +9.6% |
| 2012 | 12.89 billion constant 2010 US$ | +6.1% |
| 2013 | 13.49 billion constant 2010 US$ | +4.7% |
| 2014 | 13.47 billion constant 2010 US$ | -0.2% |
| 2015 | 13.97 billion constant 2010 US$ | +3.7% |
| 2016 | 15.21 billion constant 2010 US$ | +8.9% |
| 2017 | 15.43 billion constant 2010 US$ | +1.4% |
| 2018 | 15.62 billion constant 2010 US$ | +1.2% |
| 2019 | 15.83 billion constant 2010 US$ | +1.4% |
| 2020 | 14.04 billion constant 2010 US$ | -11.3% |
| 2021 | 15.02 billion constant 2010 US$ | +7.0% |
| 2022 | 15.63 billion constant 2010 US$ | +4.1% |
| 2023 | 14.92 billion constant 2010 US$ | -4.6% |
| 2024 | 10.96 billion constant 2010 US$ | -26.6% |
Palestine compared with similar countries
- Palestine's 10.96 billion constant 2010 US$ is below the median for lower middle income countries, which is 25.42 billion constant 2010 US$, 43% of the median. (46 countries reporting)
- Palestine's 10.96 billion constant 2010 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 91.45 billion constant 2010 US$, 12% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.20 billion constant 2010 US$ | 5.06 billion constant 2010 US$ | 7.78 billion constant 2010 US$ | 6 |
| 2000s | 8.00 billion constant 2010 US$ | 5.65 billion constant 2010 US$ | 10.48 billion constant 2010 US$ | 10 |
| 2010s | 13.91 billion constant 2010 US$ | 11.08 billion constant 2010 US$ | 15.83 billion constant 2010 US$ | 10 |
| 2020s | 14.12 billion constant 2010 US$ | 10.96 billion constant 2010 US$ | 15.63 billion constant 2010 US$ | 5 |
Countries ranked near Palestine
- 143 North Macedonia 12.01 billion constant 2010 US$ compare
- 144 South Sudan 12.00 billion constant 2010 US$ compare
- 145 Malawi 11.96 billion constant 2010 US$ compare
- 147 Congo 10.64 billion constant 2010 US$ compare
- 148 Kyrgyzstan 10.05 billion constant 2010 US$ compare
- 149 Sierra Leone 9.80 billion constant 2010 US$ compare
More population data for Palestine
- Population regions with projections, annual growth rate 0.0758 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -3.21 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.0758 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1948 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.5205 % change on previous year (2100)
- Population growth rate 0.062 (2100)
- Population density 1,906 (2100)
- Projected population under age 5 600,680 (2100)
- Population growth rate by level of development 0.062 (2100)
- Urbanization vs gdp, annual growth rate 0.3011 % change on previous year (2025)
Frequently asked questions
- What is gdp at market prices in Palestine?
- Gdp at market prices in Palestine was 10.96 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Palestine?
- The highest recorded value was 15.83 billion constant 2010 US$ in 2019.
- What is the lowest gdp at market prices recorded in Palestine?
- The lowest recorded value was 5.06 billion constant 2010 US$ in 1994.
- How does Palestine rank for gdp at market prices?
- Palestine ranks 146th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Palestine?
- Over the last ten years it is down 18.6%. The long-run trend across the full record is rising.
- Where does this Palestine data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release