State of Palestine GDP

GDP nominal (2023)
$17,420,800,000
GDP growth rate
(2023)
−5.41%
(Current US Dollars). Sources include: World Bank, United Nations.
  • Nominal (current) Gross Domestic Product (GDP) of the State of Palestine is $17,420,800,000 (USD) as of 2023.
  • Real GDP (constant, inflation adjusted) of the State of Palestine reached $14,789,000,000 in 2023.
  • GDP Growth Rate in 2023 was −5.41%, representing a change of −846,000,000 US$ over 2022, when Real GDP was $15,635,000,000.
  • GDP per Capita in the State of Palestine (with a population of 5,409,202 people) was $2,734 in 2023, a decrease of $213 from $2,947 in 2022; this represents a change of −7.2% in GDP per capita.

State of Palestine GDP (Nominal, $USD) 2003-2023

GDP Change (%)

Gross Domestic Product (GDP) of the State of Palestine

Year GDP Nominal
(Current USD)
GDP Real
(Inflation adj.)
GDP
Change
GDP per
capita
Pop.
Change
Population
2023 $17,420,800,000 $14,789,000,000 −5.41% $2,734 1.96% 5,409,202
2022 $19,165,500,000 $15,635,000,000 4.08% $2,947 2.31% 5,305,270
2021 $18,109,000,000 $15,021,700,000 7.01% $2,897 2.28% 5,185,336
2020 $15,531,700,000 $14,037,400,000 −11.32% $2,769 2.26% 5,069,692
2019 $17,133,500,000 $15,829,000,000 1.36% $3,193 2.21% 4,957,768
2018 $16,276,600,000 $15,616,200,000 1.23% $3,219 2.27% 4,850,592
2017 $16,128,000,000 $15,426,900,000 1.42% $3,253 2.37% 4,742,743
2016 $15,405,400,000 $15,211,000,000 8.86% $3,283 2.46% 4,632,739
2015 $13,972,400,000 $13,972,400,000 3.72% $3,090 2.39% 4,521,565
2014 $13,989,700,000 $13,471,100,000 −0.16% $3,051 2.33% 4,415,882
2013 $13,515,500,000 $13,492,400,000 4.7% $3,127 2.37% 4,315,261
2012 $12,208,400,000 $12,886,900,000 6.1% $3,057 2.42% 4,215,313
2011 $11,186,100,000 $12,146,400,000 9.6% $2,951 2.46% 4,115,908
2010 $9,681,500,000 $11,082,400,000 5.78% $2,759 2.44% 4,016,916
2009 $8,085,700,000 $10,477,100,000 8.59% $2,672 2.41% 3,921,246
2008 $7,310,400,000 $9,648,000,000 7.43% $2,520 2.47% 3,829,041
2007 $5,815,700,000 $8,980,800,000 3.79% $2,403 2.51% 3,736,691
2006 $5,348,300,000 $8,653,000,000 −1% $2,374 2.47% 3,645,096
2005 $5,125,700,000 $8,740,100,000 11.29% $2,457 2.37% 3,557,401
2004 $4,603,100,000 $7,853,400,000 21.92% $2,260 2.27% 3,475,177
2003 $3,968,000,000 $6,441,200,000 14.02% $1,896 2.28% 3,398,070

Sources:

See also