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Indicators of economy in Palestine

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2018 was at about 11.429 US Dollar per capita. In contrast, the GDP in Palestine reached 3.474 US dollars per inhabitant, or 16.28 bn US Dollar in the whole country. Palestine is one of the smaller economies and is currently ranked 122. If this is calculated per inhabitant, then Palestine is in place 142.

Inflation in Palestine was in 2019 at around 1.58%. For the the EU, the average of the same was year at 1.63%.

The Corruption Perceptions Index for the public sector counts 26 and is compared to other countries very bad.


Back to overview: West Bank

Unemployment rates in percent 1991 - 2020

Economic performance 2018

 West Bank
Total
West Bank
per capita
EU
Total
EU
per capita
GDP16.28 bn USD3,473.97 USD15,626.45 tn USD30,381.17 USD
Gross national product19.14 bn USD4,085.16 USD16,026.52 tn USD31,158.99 USD


Development of the Gross domestic product in billion US Dollar 1994 - 2018



Im- and Exports 2019

 West Bank
Total
West Bank
per capita
EU
Total
EU
per capita
Imports9.15 bn USD1,953.58 USD8,073.39 bn USD15,696.41 USD
Exports2.65 bn USD566.12 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in million US dollars 1995 - 2019

Exports
Imports



Palestine: OverviewPalestine: country data and statisticsPalestine in numbers: demographics, economy, energy, climate and more data and comparisons with other countries.
Pariah StatesList of the 11 current Pariah States11 countries, which suffer from the sanctions of the international community because of their mostly autocratic government.
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