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

Palestine: GDP (current LCU), per unit of GDP was 0.856 current LCU per US$ of GDP in 2024. ▬ Flat

Latest (2024)
0.856 current LCU per US$ of GDP
Change on year
down 10.6%
World rank
203rd
of 211 countries
All-time high
1 current LCU per US$ of GDP
in 1994
All-time low
0.856 current LCU per US$ of GDP
in 2024
Years of data
31
1994–2024

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

00.20.40.60.811994200920241994: 1 current LCU per US$ of GDP1995: 1 current LCU per US$ of GDP1996: 1 current LCU per US$ of GDP1997: 1 current LCU per US$ of GDP1998: 1 current LCU per US$ of GDP1999: 1 current LCU per US$ of GDP2000: 1 current LCU per US$ of GDP2001: 1 current LCU per US$ of GDP2002: 1 current LCU per US$ of GDP2003: 1 current LCU per US$ of GDP2004: 1 current LCU per US$ of GDP2005: 1 current LCU per US$ of GDP2006: 1 current LCU per US$ of GDP2007: 1 current LCU per US$ of GDP2008: 1 current LCU per US$ of GDP2009: 1 current LCU per US$ of GDP2010: 1 current LCU per US$ of GDP2011: 1 current LCU per US$ of GDP2012: 1 current LCU per US$ of GDP2013: 1 current LCU per US$ of GDP2014: 1 current LCU per US$ of GDP2015: 1 current LCU per US$ of GDP2016: 1 current LCU per US$ of GDP2017: 1 current LCU per US$ of GDP2018: 1 current LCU per US$ of GDP2019: 1 current LCU per US$ of GDP2020: 1 current LCU per US$ of GDP2021: 1 current LCU per US$ of GDP2022: 1 current LCU per US$ of GDP2023: 0.958 current LCU per US$ of GDP2024: 0.856 current LCU per US$ of GDP

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

Analysis

In 2024, gdp (current lcu), per unit of gdp in Palestine stood at 0.856 current LCU per US$ of GDP. That is the lowest value across all 31 years on record.

Compared with earlier readings it is down 10.6% on the previous year and down 14.4% over ten years.

Over the whole period, gdp (current lcu), per unit of gdp in Palestine peaked at 1 current LCU per US$ of GDP in 1994 and was at its lowest, 0.856 current LCU per US$ of GDP, in 2024.

That places Palestine 203rd out of 211 countries with data for 2024, putting it in the bottom quarter.

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

Annual values for GDP (current LCU), per unit of GDP in Palestine, 1994 to 2024.
Year current LCU per US$ of GDP Change
1994 1 current LCU per US$ of GDP
1995 1 current LCU per US$ of GDP +0.0%
1996 1 current LCU per US$ of GDP +0.0%
1997 1 current LCU per US$ of GDP +0.0%
1998 1 current LCU per US$ of GDP +0.0%
1999 1 current LCU per US$ of GDP +0.0%
2000 1 current LCU per US$ of GDP +0.0%
2001 1 current LCU per US$ of GDP +0.0%
2002 1 current LCU per US$ of GDP +0.0%
2003 1 current LCU per US$ of GDP +0.0%
2004 1 current LCU per US$ of GDP +0.0%
2005 1 current LCU per US$ of GDP +0.0%
2006 1 current LCU per US$ of GDP +0.0%
2007 1 current LCU per US$ of GDP +0.0%
2008 1 current LCU per US$ of GDP +0.0%
2009 1 current LCU per US$ of GDP +0.0%
2010 1 current LCU per US$ of GDP +0.0%
2011 1 current LCU per US$ of GDP +0.0%
2012 1 current LCU per US$ of GDP +0.0%
2013 1 current LCU per US$ of GDP +0.0%
2014 1 current LCU per US$ of GDP +0.0%
2015 1 current LCU per US$ of GDP +0.0%
2016 1 current LCU per US$ of GDP +0.0%
2017 1 current LCU per US$ of GDP +0.0%
2018 1 current LCU per US$ of GDP +0.0%
2019 1 current LCU per US$ of GDP +0.0%
2020 1 current LCU per US$ of GDP +0.0%
2021 1 current LCU per US$ of GDP +0.0%
2022 1 current LCU per US$ of GDP +0.0%
2023 0.9578 current LCU per US$ of GDP -4.2%
2024 0.856 current LCU per US$ of GDP -10.6%

Palestine compared with similar countries

  • Palestine's 0.856 current LCU per US$ of GDP is below the median for lower middle income countries, which is 88.02 current LCU per US$ of GDP, 1% of the median. (47 countries reporting)
  • Palestine's 0.856 current LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.65 current LCU per US$ of GDP, 18% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1 current LCU per US$ of GDP 1 current LCU per US$ of GDP 1 current LCU per US$ of GDP 6
2000s 1 current LCU per US$ of GDP 1 current LCU per US$ of GDP 1 current LCU per US$ of GDP 10
2010s 1 current LCU per US$ of GDP 1 current LCU per US$ of GDP 1 current LCU per US$ of GDP 10
2020s 0.9628 current LCU per US$ of GDP 0.856 current LCU per US$ of GDP 1 current LCU per US$ of GDP 5

Countries ranked near Palestine

  1. 200 Malta 0.8973 current LCU per US$ of GDP compare
  2. 201 Cyprus 0.8919 current LCU per US$ of GDP compare
  3. 202 Ireland 0.8757 current LCU per US$ of GDP compare
  4. 204 Switzerland 0.8502 current LCU per US$ of GDP compare
  5. 205 Cayman Islands 0.814 current LCU per US$ of GDP compare
  6. 206 Isle of Man 0.8113 current 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 (current lcu), per unit of gdp in Palestine?
Gdp (current lcu), per unit of gdp in Palestine was 0.856 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), per unit of gdp recorded in Palestine?
The highest recorded value was 1 current LCU per US$ of GDP in 1994.
What is the lowest gdp (current lcu), per unit of gdp recorded in Palestine?
The lowest recorded value was 0.856 current LCU per US$ of GDP in 2024.
How does Palestine rank for gdp (current lcu), per unit of gdp?
Palestine ranks 203rd out of 211 countries with data for 2024.
Is gdp (current lcu), per unit of gdp rising or falling in Palestine?
Over the last ten years it is down 14.4%. The long-run trend across the full record is flat.
Where does this Palestine data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

GDP (current 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 (current 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 (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,316 data points, 1970–2024
Last refreshed

GDP (current 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.