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.

Palestine GDP
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Palestine GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 2.50 3.80 26.03 -21.59 percent [+]
GDP 14.50 13.43 14.50 0.18 USD Billion [+]
GDP per capita 2923.40 2923.40 2966.80 879.52 USD [+]
Gross Fixed Capital Formation 770.20 751.70 821.90 365.60 USD million [+]
GDP Constant Prices 3434.70 3504.60 3594.90 778.50 USD Million [+]
GDP From Agriculture 97.40 101.60 124.90 46.80 USD Million [+]
GDP From Construction 221.10 214.40 236.60 16.80 USD Million [+]
GDP From Manufacturing 365.40 360.80 391.10 84.50 USD Million [+]
GDP From Mining 18.90 18.00 18.90 1.00 USD Million [+]
GDP From Public Administration 449.00 464.40 515.20 80.30 USD Million [+]
GDP From Services 724.50 725.20 747.50 200.60 USD Million [+]
GDP From Transport 53.50 63.10 72.70 18.00 USD Million [+]
GDP From Utilities 30.70 40.50 52.60 10.00 USD Million [+]


Palestine GDP

The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Palestine GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Palestine GDP - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
14.50 13.43 14.50 0.18 1970 - 2017 USD Billion Yearly
Current USD




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