GDP, PPP in Palestine, State of

Palestine, State of: GDP, PPP was 20.34 billion constant 2011 international $ in 2024. ▲ Rising

Latest (2024)
20.34 billion constant 2011 international $
Change on year
down 26.6%
World rank
150th
of 198 countries
All-time high
29.38 billion constant 2011 international $
in 2019
All-time low
9.39 billion constant 2011 international $
in 1994
Years of data
31
1994–2024

GDP, PPP in Palestine, State of, 1994–2024

10.0B15.0B20.0B25.0B30.0B1994200920241994: 9.4B constant 2011 international $1995: 10.1B constant 2011 international $1996: 10.2B constant 2011 international $1997: 11.7B constant 2011 international $1998: 13.3B constant 2011 international $1999: 14.4B constant 2011 international $2000: 13.2B constant 2011 international $2001: 12.0B constant 2011 international $2002: 10.5B constant 2011 international $2003: 12.0B constant 2011 international $2004: 14.6B constant 2011 international $2005: 16.2B constant 2011 international $2006: 16.1B constant 2011 international $2007: 16.7B constant 2011 international $2008: 17.9B constant 2011 international $2009: 19.4B constant 2011 international $2010: 20.6B constant 2011 international $2011: 22.5B constant 2011 international $2012: 23.9B constant 2011 international $2013: 25.0B constant 2011 international $2014: 25.0B constant 2011 international $2015: 25.9B constant 2011 international $2016: 28.2B constant 2011 international $2017: 28.6B constant 2011 international $2018: 29.0B constant 2011 international $2019: 29.4B constant 2011 international $2020: 26.1B constant 2011 international $2021: 27.9B constant 2011 international $2022: 29.0B constant 2011 international $2023: 27.7B constant 2011 international $2024: 20.3B constant 2011 international $

Source: UNESCO Institute for Statistics. Measured in constant 2011 international $.

Analysis

Palestine, State of recorded 20.34 billion constant 2011 international $ for gdp, ppp in 2024.

That represents a change of down 26.6% on the previous year and down 18.6% over ten years.

Over the whole period, gdp, ppp in Palestine, State of peaked at 29.38 billion constant 2011 international $ in 2019 and was at its lowest, 9.39 billion constant 2011 international $, in 1994.

Palestine, State of ranks 150th of 198 countries on this measure, in the bottom quarter.

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

GDP, PPP in Palestine, State of, year by year

Annual values for GDP, PPP (constant 2011 international $) in Palestine, State of, 1994 to 2024.
Year constant 2011 international $ Change
1994 9.39 billion constant 2011 international $
1995 10.05 billion constant 2011 international $ +7.1%
1996 10.18 billion constant 2011 international $ +1.2%
1997 11.67 billion constant 2011 international $ +14.7%
1998 13.34 billion constant 2011 international $ +14.3%
1999 14.45 billion constant 2011 international $ +8.3%
2000 13.21 billion constant 2011 international $ -8.6%
2001 11.98 billion constant 2011 international $ -9.3%
2002 10.48 billion constant 2011 international $ -12.5%
2003 11.95 billion constant 2011 international $ +14.0%
2004 14.57 billion constant 2011 international $ +21.9%
2005 16.22 billion constant 2011 international $ +11.3%
2006 16.06 billion constant 2011 international $ -1.0%
2007 16.67 billion constant 2011 international $ +3.8%
2008 17.91 billion constant 2011 international $ +7.4%
2009 19.44 billion constant 2011 international $ +8.6%
2010 20.57 billion constant 2011 international $ +5.8%
2011 22.54 billion constant 2011 international $ +9.6%
2012 23.92 billion constant 2011 international $ +6.1%
2013 25.04 billion constant 2011 international $ +4.7%
2014 25.00 billion constant 2011 international $ -0.2%
2015 25.93 billion constant 2011 international $ +3.7%
2016 28.23 billion constant 2011 international $ +8.9%
2017 28.63 billion constant 2011 international $ +1.4%
2018 28.98 billion constant 2011 international $ +1.2%
2019 29.38 billion constant 2011 international $ +1.4%
2020 26.05 billion constant 2011 international $ -11.3%
2021 27.88 billion constant 2011 international $ +7.0%
2022 29.02 billion constant 2011 international $ +4.1%
2023 27.69 billion constant 2011 international $ -4.6%
2024 20.34 billion constant 2011 international $ -26.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.51 billion constant 2011 international $ 9.39 billion constant 2011 international $ 14.45 billion constant 2011 international $ 6
2000s 14.85 billion constant 2011 international $ 10.48 billion constant 2011 international $ 19.44 billion constant 2011 international $ 10
2010s 25.82 billion constant 2011 international $ 20.57 billion constant 2011 international $ 29.38 billion constant 2011 international $ 10
2020s 26.20 billion constant 2011 international $ 20.34 billion constant 2011 international $ 29.02 billion constant 2011 international $ 5

Countries ranked near Palestine, State of

  1. 147 Somalia 26.77 billion constant 2011 international $ compare
  2. 148 Sierra Leone 26.73 billion constant 2011 international $ compare
  3. 149 Iceland 26.56 billion constant 2011 international $ compare
  4. 151 Montenegro 17.38 billion constant 2011 international $ compare
  5. 152 Bahamas 14.54 billion constant 2011 international $ compare
  6. 153 Fiji 13.10 billion constant 2011 international $ compare

See the full ranking of 198 places →

More population data for Palestine, State of

All data for Palestine, State of →

Frequently asked questions

What is gdp, ppp in Palestine, State of?
Gdp, ppp in Palestine, State of was 20.34 billion constant 2011 international $ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp, ppp recorded in Palestine, State of?
The highest recorded value was 29.38 billion constant 2011 international $ in 2019.
What is the lowest gdp, ppp recorded in Palestine, State of?
The lowest recorded value was 9.39 billion constant 2011 international $ in 1994.
How does Palestine, State of rank for gdp, ppp?
Palestine, State of ranks 150th out of 198 countries with data for 2024.
Is gdp, ppp 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, PPP (constant 2011 international $). Statizoid updates them automatically from the source API.

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GDP, PPP in Palestine, State of. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 24 August 2026, from https://population.statizoid.com/stat/gdp-ppp-constant-2011-international/west-bank-and-gaza/

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About this data

Indicator
GDP, PPP (constant 2011 international $)
Unit
constant 2011 international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
198 places, 6,765 data points, 1990–2024
Last refreshed

February 2026 Data Release