The Gross Domestic Product (GDP) in Palestine was worth 15 billion US dollars in 2019, according to official data from the World Bank. The GDP value of Palestine represents 0.01 percent of the world economy. source: World Bank

GDP in Palestine averaged 4.29 USD Billion from 1970 until 2019, reaching an all time high of 15 USD Billion in 2019 and a record low of 0.18 USD Billion in 1970. This page provides - Palestine GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Palestine GDP - values, historical data and charts - was last updated on August of 2021.

GDP in Palestine is expected to reach 16.70 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine GDP is projected to trend around 17.00 USD Billion in 2022, according to our econometric models.

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Palestine GDP

Actual Previous Highest Lowest Dates Unit Frequency
15.00 14.50 15.00 0.18 1970 - 2019 USD Billion Yearly
Current USD

Palestine GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -6.00 -12.20 26.03 -21.59 percent [+]
GDP 15.00 14.50 15.00 0.18 USD Billion [+]
GDP per capita 2549.04 2951.37 3042.81 1604.76 USD [+]
GDP Constant Prices 3607.50 3540.60 4089.70 778.50 USD Million [+]
GDP From Agriculture 234.10 242.20 334.90 79.30 USD Million [+]
GDP From Construction 154.30 144.40 300.80 21.80 USD Million [+]
GDP From Manufacturing 391.50 398.50 463.40 140.50 USD Million [+]
GDP From Mining 13.70 12.70 18.50 1.40 USD Million [+]
GDP From Public Administration 459.80 468.90 565.00 157.80 USD Million [+]
GDP From Services 675.10 630.90 795.30 333.00 USD Million [+]
GDP From Transport 55.90 52.40 79.70 25.00 USD Million [+]
GDP From Utilities 36.50 34.90 51.00 12.40 USD Million [+]
Gross Fixed Capital Formation 802.90 779.30 983.20 365.60 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.
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