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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 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Palestine reached 3.240 US dollars per inhabitant, or 15.56 bn US Dollar in the whole country. Palestine is one of the smaller economies and is currently ranked 124. If this is calculated per inhabitant taking into account the purchasing power parity, then Palestine is in the list of the world's richest countries in place 123.

Inflation in Palestine was in 2020 at around -0.74%. For the the EU, the average of the same was year at 0.51%.

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 2020

 West Bank
Total
West Bank
per capita
EU
Total
EU
per capita
GDP15.56 bn USD3,239.73 USD15,192.65 tn USD29,499.72 USD
Gross national product17.80 bn USD3,706.35 USD16,042.23 tn USD31,149.36 USD


Development of the Gross domestic product in billion US Dollar 1994 - 2020



Im- and Exports 2019

 West Bank
Total
West Bank
per capita
EU
Total
EU
per capita
Imports9.15 bn USD1,905.60 USD8,073.39 bn USD15,676.19 USD
Exports2.65 bn USD552.22 USD8,622.21 bn USD16,741.84 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.
Climate changes by continentsGlobal warming by continentsAvg. temperatures from 1950 to 2021. Increased in Europe and North America - Antarctic colder again.