PPP conversion factor, GDP (LCU per international $) (UNESCO) in Palestine

Palestine: PPP conversion factor, GDP (LCU per international $) (UNESCO) was 0.593 LCU per international $ in 2024. ▲ Rising

Latest (2024)
0.593 LCU per international $
Change on year
up 2.1%
World rank
180th
of 203 countries
All-time high
0.672 LCU per international $
in 2011
All-time low
0.48 LCU per international $
in 2005
Years of data
31
1994–2024

PPP conversion factor, GDP in Palestine, 1994–2024

00.20.40.61994200920241994: 0.572 LCU per international $1995: 0.604 LCU per international $1996: 0.609 LCU per international $1997: 0.576 LCU per international $1998: 0.539 LCU per international $1999: 0.515 LCU per international $2000: 0.556 LCU per international $2001: 0.557 LCU per international $2002: 0.556 LCU per international $2003: 0.534 LCU per international $2004: 0.495 LCU per international $2005: 0.48 LCU per international $2006: 0.491 LCU per international $2007: 0.501 LCU per international $2008: 0.575 LCU per international $2009: 0.582 LCU per international $2010: 0.651 LCU per international $2011: 0.672 LCU per international $2012: 0.617 LCU per international $2013: 0.657 LCU per international $2014: 0.623 LCU per international $2015: 0.567 LCU per international $2016: 0.582 LCU per international $2017: 0.593 LCU per international $2018: 0.573 LCU per international $2019: 0.562 LCU per international $2020: 0.543 LCU per international $2021: 0.65 LCU per international $2022: 0.617 LCU per international $2023: 0.581 LCU per international $2024: 0.593 LCU per international $

Source: UNESCO Institute for Statistics. Measured in LCU per international $.

Analysis

In 2024, ppp conversion factor, gdp in Palestine stood at 0.593 LCU per international $.

The figure is up 2.1% on the previous year and down 4.8% over ten years.

Over the whole period, ppp conversion factor, gdp in Palestine peaked at 0.672 LCU per international $ in 2011 and was at its lowest, 0.48 LCU per international $, in 2005.

Palestine ranks 180th of 203 countries on this measure, in the bottom quarter.

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

PPP conversion factor, GDP (LCU per international $) (UNESCO) in Palestine, year by year

Annual values for PPP conversion factor, GDP (LCU per international $) in Palestine, 1994 to 2024.
Year LCU per international $ Change
1994 0.5724 LCU per international $ —
1995 0.6043 LCU per international $ +5.6%
1996 0.6089 LCU per international $ +0.8%
1997 0.5757 LCU per international $ -5.5%
1998 0.5387 LCU per international $ -6.4%
1999 0.5151 LCU per international $ -4.4%
2000 0.5563 LCU per international $ +8.0%
2001 0.5568 LCU per international $ +0.1%
2002 0.5564 LCU per international $ -0.1%
2003 0.534 LCU per international $ -4.0%
2004 0.4948 LCU per international $ -7.3%
2005 0.48 LCU per international $ -3.0%
2006 0.4908 LCU per international $ +2.2%
2007 0.5006 LCU per international $ +2.0%
2008 0.5747 LCU per international $ +14.8%
2009 0.5818 LCU per international $ +1.2%
2010 0.6506 LCU per international $ +11.8%
2011 0.672 LCU per international $ +3.3%
2012 0.6168 LCU per international $ -8.2%
2013 0.6574 LCU per international $ +6.6%
2014 0.6229 LCU per international $ -5.2%
2015 0.5671 LCU per international $ -9.0%
2016 0.5819 LCU per international $ +2.6%
2017 0.5929 LCU per international $ +1.9%
2018 0.5731 LCU per international $ -3.3%
2019 0.5619 LCU per international $ -2.0%
2020 0.5429 LCU per international $ -3.4%
2021 0.6496 LCU per international $ +19.7%
2022 0.6166 LCU per international $ -5.1%
2023 0.5807 LCU per international $ -5.8%
2024 0.593 LCU per international $ +2.1%

Palestine compared with similar countries

  • Palestine's 0.593 LCU per international $ is below the median for lower middle income countries, which is 26.32 LCU per international $, 2% of the median. (47 countries reporting)
  • Palestine's 0.593 LCU per international $ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.6 LCU per international $, 16% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5692 LCU per international $ 0.5151 LCU per international $ 0.6089 LCU per international $ 6
2000s 0.5326 LCU per international $ 0.48 LCU per international $ 0.5818 LCU per international $ 10
2010s 0.6097 LCU per international $ 0.5619 LCU per international $ 0.672 LCU per international $ 10
2020s 0.5965 LCU per international $ 0.5429 LCU per international $ 0.6496 LCU per international $ 5

Countries ranked near Palestine

  1. 177 San Marino 0.6786 LCU per international $ compare
  2. 178 Italy 0.6108 LCU per international $ compare
  3. 179 Andorra 0.6078 LCU per international $ compare
  4. 181 Estonia 0.5837 LCU per international $ compare
  5. 182 Cyprus 0.5831 LCU per international $ compare
  6. 183 Malta 0.5808 LCU per international $ compare

See the full ranking of 203 places →

More population data for Palestine

All data for Palestine →

Frequently asked questions

What is ppp conversion factor, gdp in Palestine?
Ppp conversion factor, gdp in Palestine was 0.593 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
What is the highest ppp conversion factor, gdp recorded in Palestine?
The highest recorded value was 0.672 LCU per international $ in 2011.
What is the lowest ppp conversion factor, gdp recorded in Palestine?
The lowest recorded value was 0.48 LCU per international $ in 2005.
How does Palestine rank for ppp conversion factor, gdp?
Palestine ranks 180th out of 203 countries with data for 2024.
Is ppp conversion factor, gdp rising or falling in Palestine?
Over the last ten years it is down 4.8%. The long-run trend across the full record is rising.
Where does this Palestine data come from?
The figures come from UNESCO Institute for Statistics, published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.

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PPP conversion factor, GDP in Palestine. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 November 2026, from https://population.statizoid.com/stat/ppp-conversion-factor-gdp-lcu-per-international-2/west-bank-and-gaza/

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About this data

Indicator
PPP conversion factor, GDP (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
203 places, 6,834 data points, 1990–2024
Last refreshed

February 2026 Data Release