The Gross Domestic Product (GDP) in Palestine was worth 14.50 billion US dollars in 2017. The GDP value of Palestine represents 0.02 percent of the world economy. GDP in Palestine averaged 4.07 USD Billion from 1970 until 2017, reaching an all time high of 14.50 USD Billion in 2017 and a record low of 0.18 USD Billion in 1970.
GDP in Palestine is expected to be 15.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine GDP is projected to trend around 16.20 USD Billion in 2020, according to our econometric models.