Palestine recorded a government debt equivalent to 16.20 percent of the country's Gross Domestic Product in 2018.

Government Debt to GDP in Palestine averaged 18.78 percent from 1995 until 2018, reaching an all time high of 26.36 percent in 2007 and a record low of 2.93 percent in 1995. This page provides - Palestine Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Palestine Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Palestine is expected to reach 17.90 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine Government Debt to GDP is projected to trend around 18.80 percent in 2021 and 18.20 percent in 2022, according to our econometric models.

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Palestine Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
16.20 17.50 26.36 2.93 1995 - 2018 percent Yearly

Palestine Government Last Previous Highest Lowest Unit
Government Debt to GDP 16.20 17.50 26.36 2.93 percent [+]
Government Budget 1.30 2.30 4.30 -8.20 percent of GDP [+]
Credit Rating 15.00 [+]
Government Spending 702.00 818.70 971.00 443.10 USD million [+]

Palestine Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.