Government Budget in Palestine decreased to -0.50 percent of GDP in 2019 from 1.20 percent of GDP in 2018.
Government Budget in Palestine averaged -0.74 percent of GDP from 1999 until 2019, reaching an all time high of 4.30 percent of GDP in 2008 and a record low of -8.20 percent of GDP in 2002. This page provides - Palestine Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Palestine Government Budget - values, historical data and charts - was last updated on October of 2020.
Government Budget in Palestine is expected to reach -2.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine Government Budget is projected to trend around -3.20 percent of GDP in 2021 and 0.50 percent of GDP in 2022, according to our econometric models.