GDP at market prices in Palestine, State of

Palestine, State of: GDP at market prices 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, State of, 1994–2024

5.0B7.5B10.0B12.5B15.0B1994200920241994: 5.1B constant 2010 US$1995: 5.4B constant 2010 US$1996: 5.5B constant 2010 US$1997: 6.3B constant 2010 US$1998: 7.2B constant 2010 US$1999: 7.8B constant 2010 US$2000: 7.1B constant 2010 US$2001: 6.5B constant 2010 US$2002: 5.6B constant 2010 US$2003: 6.4B constant 2010 US$2004: 7.9B constant 2010 US$2005: 8.7B constant 2010 US$2006: 8.7B constant 2010 US$2007: 9.0B constant 2010 US$2008: 9.6B constant 2010 US$2009: 10.5B constant 2010 US$2010: 11.1B constant 2010 US$2011: 12.1B constant 2010 US$2012: 12.9B constant 2010 US$2013: 13.5B constant 2010 US$2014: 13.5B constant 2010 US$2015: 14.0B constant 2010 US$2016: 15.2B constant 2010 US$2017: 15.4B constant 2010 US$2018: 15.6B constant 2010 US$2019: 15.8B constant 2010 US$2020: 14.0B constant 2010 US$2021: 15.0B constant 2010 US$2022: 15.6B constant 2010 US$2023: 14.9B constant 2010 US$2024: 11.0B constant 2010 US$

Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.

Analysis

Palestine, State of 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, State of 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, State of 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 in Palestine, State of, year by year

Annual values for GDP at market prices (constant 2010 US$) in Palestine, State of, 1994 to 2024.
Year constant 2010 US$ 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%

Averages by decade

DecadeAverage LowestHighest 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, State of

  1. 143 North Macedonia 12.01 billion constant 2010 US$ compare
  2. 144 South Sudan 12.00 billion constant 2010 US$ compare
  3. 145 Malawi 11.96 billion constant 2010 US$ compare
  4. 147 Congo 10.64 billion constant 2010 US$ compare
  5. 148 Kyrgyzstan 10.05 billion constant 2010 US$ compare
  6. 149 Sierra Leone 9.80 billion constant 2010 US$ compare

See the full ranking of 208 places →

More population data for Palestine, State of

All data for Palestine, State of →

Frequently asked questions

What is gdp at market prices in Palestine, State of?
Gdp at market prices in Palestine, State of 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, State of?
The highest recorded value was 15.83 billion constant 2010 US$ in 2019.
What is the lowest gdp at market prices recorded in Palestine, State of?
The lowest recorded value was 5.06 billion constant 2010 US$ in 1994.
How does Palestine, State of rank for gdp at market prices?
Palestine, State of ranks 146th out of 208 countries with data for 2024.
Is gdp at market prices rising or falling in Palestine, State of?
Over the last ten years it is down 18.6%. The long-run trend across the full record is rising.
Where does this Palestine, State of 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.

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GDP at market prices in Palestine, State of. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 03 September 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us/west-bank-and-gaza/

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About this data

Indicator
GDP at market prices (constant 2010 US$)
Unit
constant 2010 US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
208 places, 10,104 data points, 1970–2024
Last refreshed

February 2026 Data Release