PPP conversion factor, private consumption (LCU per international $) in Palestine

Palestine: PPP conversion factor, private consumption (LCU per international $) was 0.791 LCU per international $ in 2024. ▲ Rising

Latest (2024)
0.791 LCU per international $
Change on year
up 48.0%
World rank
170th
of 204 countries
All-time high
0.791 LCU per international $
in 2024
All-time low
0.4509 LCU per international $
in 2002
Years of data
29
1996–2024

PPP conversion factor, private consumption in Palestine, 1996–2024

00.20.40.60.81996201020241996: 0.585 LCU per international $1997: 0.566 LCU per international $1998: 0.534 LCU per international $1999: 0.507 LCU per international $2000: 0.511 LCU per international $2001: 0.488 LCU per international $2002: 0.451 LCU per international $2003: 0.479 LCU per international $2004: 0.488 LCU per international $2005: 0.491 LCU per international $2006: 0.497 LCU per international $2007: 0.534 LCU per international $2008: 0.647 LCU per international $2009: 0.609 LCU per international $2010: 0.654 LCU per international $2011: 0.681 LCU per international $2012: 0.639 LCU per international $2013: 0.702 LCU per international $2014: 0.656 LCU per international $2015: 0.611 LCU per international $2016: 0.607 LCU per international $2017: 0.596 LCU per international $2018: 0.564 LCU per international $2019: 0.564 LCU per international $2020: 0.568 LCU per international $2021: 0.621 LCU per international $2022: 0.574 LCU per international $2023: 0.535 LCU per international $2024: 0.791 LCU per international $

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

Analysis

Palestine recorded 0.791 LCU per international $ for ppp conversion factor, private consumption in 2024. That is the highest value across all 29 years on record.

That represents a change of up 48.0% on the previous year and up 20.6% over ten years.

Over the whole period, ppp conversion factor, private consumption in Palestine peaked at 0.791 LCU per international $ in 2024 and was at its lowest, 0.4509 LCU per international $, in 2002.

Palestine ranks 170th of 204 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 29 years of available data.

PPP conversion factor, private consumption (LCU per international $) in Palestine, year by year

Annual values for PPP conversion factor, private consumption (LCU per international $) in Palestine, 1996 to 2024.
Year LCU per international $ Change
1996 0.5847 LCU per international $ —
1997 0.5662 LCU per international $ -3.2%
1998 0.5343 LCU per international $ -5.6%
1999 0.5066 LCU per international $ -5.2%
2000 0.5114 LCU per international $ +1.0%
2001 0.4881 LCU per international $ -4.6%
2002 0.4509 LCU per international $ -7.6%
2003 0.4788 LCU per international $ +6.2%
2004 0.4881 LCU per international $ +1.9%
2005 0.4908 LCU per international $ +0.6%
2006 0.4973 LCU per international $ +1.3%
2007 0.5342 LCU per international $ +7.4%
2008 0.6473 LCU per international $ +21.2%
2009 0.609 LCU per international $ -5.9%
2010 0.6538 LCU per international $ +7.4%
2011 0.6813 LCU per international $ +4.2%
2012 0.6395 LCU per international $ -6.1%
2013 0.7021 LCU per international $ +9.8%
2014 0.6559 LCU per international $ -6.6%
2015 0.6108 LCU per international $ -6.9%
2016 0.607 LCU per international $ -0.6%
2017 0.5958 LCU per international $ -1.9%
2018 0.5643 LCU per international $ -5.3%
2019 0.5644 LCU per international $ +0.0%
2020 0.5675 LCU per international $ +0.6%
2021 0.6214 LCU per international $ +9.5%
2022 0.5739 LCU per international $ -7.6%
2023 0.5346 LCU per international $ -6.8%
2024 0.791 LCU per international $ +48.0%

Palestine compared with similar countries

  • Palestine's 0.791 LCU per international $ is below the median for lower middle income countries, which is 30.14 LCU per international $, 3% of the median. (46 countries reporting)
  • Palestine's 0.791 LCU per international $ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.71 LCU per international $, 21% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5479 LCU per international $ 0.5066 LCU per international $ 0.5847 LCU per international $ 4
2000s 0.5196 LCU per international $ 0.4509 LCU per international $ 0.6473 LCU per international $ 10
2010s 0.6275 LCU per international $ 0.5643 LCU per international $ 0.7021 LCU per international $ 10
2020s 0.6177 LCU per international $ 0.5346 LCU per international $ 0.791 LCU per international $ 5

Countries ranked near Palestine

  1. 167 Bosnia and Herzegovina 0.8268 LCU per international $ compare
  2. 168 Finland 0.8225 LCU per international $ compare
  3. 169 Belarus 0.8175 LCU per international $ compare
  4. 171 Bulgaria 0.7781 LCU per international $ compare
  5. 172 Belgium 0.7764 LCU per international $ compare
  6. 173 Netherlands 0.7728 LCU per international $ compare

See the full ranking of 204 places →

More population data for Palestine

All data for Palestine →

Frequently asked questions

What is ppp conversion factor, private consumption in Palestine?
Ppp conversion factor, private consumption in Palestine was 0.791 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
What is the highest ppp conversion factor, private consumption recorded in Palestine?
The highest recorded value was 0.791 LCU per international $ in 2024.
What is the lowest ppp conversion factor, private consumption recorded in Palestine?
The lowest recorded value was 0.4509 LCU per international $ in 2002.
How does Palestine rank for ppp conversion factor, private consumption?
Palestine ranks 170th out of 204 countries with data for 2024.
Is ppp conversion factor, private consumption rising or falling in Palestine?
Over the last ten years it is up 20.6%. 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, private consumption (LCU per international $). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
PPP conversion factor, private consumption (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
204 places, 6,148 data points, 1990–2024
Last refreshed

February 2026 Data Release