GDP (constant LCU), per unit of GDP in Palestine

Palestine: GDP (constant LCU), per unit of GDP was 0.6843 constant LCU per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.6843 constant LCU per US$ of GDP
Change on year
down 14.6%
World rank
195th
of 211 countries
All-time high
1.82 constant LCU per US$ of GDP
in 1999
All-time low
0.6843 constant LCU per US$ of GDP
in 2024
Years of data
31
1994–2024

GDP (constant LCU), per unit of GDP in Palestine, 1994–2024

00.511.521994200920241994: 1.8 constant LCU per US$ of GDP1995: 1.7 constant LCU per US$ of GDP1996: 1.6 constant LCU per US$ of GDP1997: 1.7 constant LCU per US$ of GDP1998: 1.8 constant LCU per US$ of GDP1999: 1.8 constant LCU per US$ of GDP2000: 1.7 constant LCU per US$ of GDP2001: 1.6 constant LCU per US$ of GDP2002: 1.6 constant LCU per US$ of GDP2003: 1.6 constant LCU per US$ of GDP2004: 1.7 constant LCU per US$ of GDP2005: 1.7 constant LCU per US$ of GDP2006: 1.6 constant LCU per US$ of GDP2007: 1.5 constant LCU per US$ of GDP2008: 1.3 constant LCU per US$ of GDP2009: 1.3 constant LCU per US$ of GDP2010: 1.1 constant LCU per US$ of GDP2011: 1.1 constant LCU per US$ of GDP2012: 1.1 constant LCU per US$ of GDP2013: 0.998 constant LCU per US$ of GDP2014: 0.963 constant LCU per US$ of GDP2015: 1 constant LCU per US$ of GDP2016: 0.987 constant LCU per US$ of GDP2017: 0.957 constant LCU per US$ of GDP2018: 0.959 constant LCU per US$ of GDP2019: 0.924 constant LCU per US$ of GDP2020: 0.904 constant LCU per US$ of GDP2021: 0.83 constant LCU per US$ of GDP2022: 0.816 constant LCU per US$ of GDP2023: 0.801 constant LCU per US$ of GDP2024: 0.684 constant LCU per US$ of GDP

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

In 2024, gdp (constant lcu), per unit of gdp in Palestine stood at 0.6843 constant LCU per US$ of GDP. That is the lowest value across all 31 years on record.

That represents a change of down 14.6% on the previous year and down 28.9% over ten years.

Over the whole period, gdp (constant lcu), per unit of gdp in Palestine peaked at 1.82 constant LCU per US$ of GDP in 1999 and was at its lowest, 0.6843 constant LCU per US$ of GDP, in 2024.

Palestine ranks 195th of 211 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 31 years of available data.

GDP (constant LCU), per unit of GDP in Palestine, year by year

Annual values for GDP (constant LCU), per unit of GDP in Palestine, 1994 to 2024.
Year constant LCU per US$ of GDP Change
1994 1.78 constant LCU per US$ of GDP
1995 1.65 constant LCU per US$ of GDP -7.2%
1996 1.61 constant LCU per US$ of GDP -2.5%
1997 1.67 constant LCU per US$ of GDP +4.0%
1998 1.77 constant LCU per US$ of GDP +5.7%
1999 1.82 constant LCU per US$ of GDP +3.1%
2000 1.65 constant LCU per US$ of GDP -9.5%
2001 1.61 constant LCU per US$ of GDP -2.3%
2002 1.59 constant LCU per US$ of GDP -1.5%
2003 1.62 constant LCU per US$ of GDP +2.2%
2004 1.71 constant LCU per US$ of GDP +5.1%
2005 1.71 constant LCU per US$ of GDP -0.1%
2006 1.62 constant LCU per US$ of GDP -5.1%
2007 1.54 constant LCU per US$ of GDP -4.6%
2008 1.32 constant LCU per US$ of GDP -14.5%
2009 1.3 constant LCU per US$ of GDP -1.8%
2010 1.14 constant LCU per US$ of GDP -11.7%
2011 1.09 constant LCU per US$ of GDP -5.1%
2012 1.06 constant LCU per US$ of GDP -2.8%
2013 0.9983 constant LCU per US$ of GDP -5.4%
2014 0.9629 constant LCU per US$ of GDP -3.5%
2015 1 constant LCU per US$ of GDP +3.8%
2016 0.9874 constant LCU per US$ of GDP -1.3%
2017 0.9565 constant LCU per US$ of GDP -3.1%
2018 0.9594 constant LCU per US$ of GDP +0.3%
2019 0.9239 constant LCU per US$ of GDP -3.7%
2020 0.9038 constant LCU per US$ of GDP -2.2%
2021 0.8295 constant LCU per US$ of GDP -8.2%
2022 0.8158 constant LCU per US$ of GDP -1.7%
2023 0.8008 constant LCU per US$ of GDP -1.8%
2024 0.6843 constant LCU per US$ of GDP -14.6%

Palestine compared with similar countries

  • Palestine's 0.6843 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 45.69 constant LCU per US$ of GDP, 1% of the median. (47 countries reporting)
  • Palestine's 0.6843 constant LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.71 constant LCU per US$ of GDP, 18% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.72 constant LCU per US$ of GDP 1.61 constant LCU per US$ of GDP 1.82 constant LCU per US$ of GDP 6
2000s 1.57 constant LCU per US$ of GDP 1.3 constant LCU per US$ of GDP 1.71 constant LCU per US$ of GDP 10
2010s 1.01 constant LCU per US$ of GDP 0.9239 constant LCU per US$ of GDP 1.14 constant LCU per US$ of GDP 10
2020s 0.8068 constant LCU per US$ of GDP 0.6843 constant LCU per US$ of GDP 0.9038 constant LCU per US$ of GDP 5

Countries ranked near Palestine

  1. 192 Tajikistan 0.7271 constant LCU per US$ of GDP compare
  2. 193 Croatia 0.722 constant LCU per US$ of GDP compare
  3. 194 Malta 0.6918 constant LCU per US$ of GDP compare
  4. 196 Cayman Islands 0.678 constant LCU per US$ of GDP compare
  5. 197 Estonia 0.6699 constant LCU per US$ of GDP compare
  6. 198 Lithuania 0.6613 constant LCU per US$ of GDP compare

See the full ranking of 211 places →

More population data for Palestine

All data for Palestine →

Frequently asked questions

What is gdp (constant lcu), per unit of gdp in Palestine?
Gdp (constant lcu), per unit of gdp in Palestine was 0.6843 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gdp (constant lcu), per unit of gdp recorded in Palestine?
The highest recorded value was 1.82 constant LCU per US$ of GDP in 1999.
What is the lowest gdp (constant lcu), per unit of gdp recorded in Palestine?
The lowest recorded value was 0.6843 constant LCU per US$ of GDP in 2024.
How does Palestine rank for gdp (constant lcu), per unit of gdp?
Palestine ranks 195th out of 211 countries with data for 2024.
Is gdp (constant lcu), per unit of gdp rising or falling in Palestine?
Over the last ten years it is down 28.9%. The long-run trend across the full record is falling.
Where does this Palestine data come from?
The figures come from Statizoid (derived), published as part of GDP (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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GDP (constant LCU), per unit of GDP in Palestine. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-per-unit-of-gdp-2/west-bank-and-gaza/

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How this figure is calculated

GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

GDP (constant LCU) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,158 data points, 1970–2024
Last refreshed

GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.