GDP growth (annual %) (UNESCO Institute) in Palestine
Palestine: GDP growth (annual %) (UNESCO Institute) was -26.6% in 2024. ◆ Volatile
GDP growth in Palestine, 1995–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
The most recent figure for gdp growth in Palestine is -26.6%, measured in 2024. That is the lowest value across all 30 years on record.
The figure is down 482.9% on the previous year and down 16,722.4% over ten years.
Over the whole period, gdp growth in Palestine peaked at 21.9% in 2004 and was at its lowest, -26.6%, in 2024.
That places Palestine 212th out of 212 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Palestine, year by year
| Year | annual % | Change |
|---|---|---|
| 1995 | 7.1% | — |
| 1996 | 1.2% | -82.9% |
| 1997 | 14.7% | +1107.7% |
| 1998 | 14.3% | -2.3% |
| 1999 | 8.3% | -42.2% |
| 2000 | -8.6% | -203.3% |
| 2001 | -9.3% | +8.8% |
| 2002 | -12.5% | +34.1% |
| 2003 | 14.0% | -212.2% |
| 2004 | 21.9% | +56.4% |
| 2005 | 11.3% | -48.5% |
| 2006 | -1.0% | -108.8% |
| 2007 | 3.8% | -480.1% |
| 2008 | 7.4% | +96.1% |
| 2009 | 8.6% | +15.7% |
| 2010 | 5.8% | -32.8% |
| 2011 | 9.6% | +66.2% |
| 2012 | 6.1% | -36.5% |
| 2013 | 4.7% | -22.9% |
| 2014 | -0.2% | -103.4% |
| 2015 | 3.7% | -2457.2% |
| 2016 | 8.9% | +138.2% |
| 2017 | 1.4% | -84.0% |
| 2018 | 1.2% | -13.5% |
| 2019 | 1.4% | +11.1% |
| 2020 | -11.3% | -930.6% |
| 2021 | 7.0% | -162.0% |
| 2022 | 4.1% | -41.8% |
| 2023 | -4.6% | -211.6% |
| 2024 | -26.6% | +482.9% |
Palestine compared with similar countries
- Palestine's -26.6% is below the median for lower middle income countries, which is 3.7%. (47 countries reporting)
- Palestine's -26.6% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.3%. (23 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) in Palestine changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +2457.2% | -0.2% | 3.7% |
| 1997 | +1107.7% | 1.2% | 14.7% |
| 2020 | -930.6% | 1.4% | -11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.1% | 1.2% | 14.7% | 5 |
| 2000s | 3.6% | -12.5% | 21.9% | 10 |
| 2010s | 4.3% | -0.2% | 9.6% | 10 |
| 2020s | -6.3% | -26.6% | 7.0% | 5 |
Countries ranked near Palestine
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 growth in Palestine?
- Gdp growth in Palestine was -26.6% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Palestine?
- The highest recorded value was 21.9% in 2004.
- What is the lowest gdp growth recorded in Palestine?
- The lowest recorded value was -26.6% in 2024.
- How does Palestine rank for gdp growth?
- Palestine ranks 212th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Palestine?
- Over the last ten years it is down 16,722.4%. The long-run trend across the full record is volatile.
- Where does this Palestine data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release