Worlddata.info

Inflation rates in Palestine

The inflation rate for consumer prices in Palestine moved over the past 24 years between -0.7% and 9.9%. For 2021, an inflation rate of 1.2% was calculated.

During the observation period from 1997 to 2021, the average inflation rate was 3.1% per year. Overall, the price increase was 105.90%. An item that cost 100 sheqels in 1997 costs 205.90 sheqels at the beginning of 2022.


Inflation rates in global comparison


Back to overview: Palestine

Performance over the last 24 years compared with the USA

In only a few countries are negative inflation rates achieved. This means that the general price level is declining and consumer prices get cheaper. This is called deflation. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.

Performance based on 100% in 1996:Performance in Palestine

      Palestine       USA


Inflation calculator for Palestine

Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1,000 sheqels in 1997 corresponds to 2,058.96 sheqels at the beginning of 2022 due to inflation.

Original amount in sheqels:


Start year:


End year:






Inflation rates for consumer goods in Palestine

Inflation rates for consumer goods in Palestine

      Palestine       USA

Historical inflation rates in comparison

YearPalestineØ EUØ USAØ World
20211.24 %2.55 %4.70 %3.50 %
2020-0.74 %0.50 %1.23 %1.92 %
20191.58 %1.63 %1.81 %2.19 %
2018-0.20 %1.74 %2.44 %2.44 %
20170.21 %1.43 %2.13 %2.19 %
2016-0.22 %0.18 %1.26 %1.55 %
20151.43 %-0.06 %0.12 %1.43 %
20141.73 %0.20 %1.62 %2.35 %
20131.72 %1.22 %1.46 %2.62 %
20122.78 %2.66 %2.07 %3.73 %
20112.88 %3.29 %3.16 %4.82 %
20103.75 %1.53 %1.64 %3.35 %
20092.75 %0.84 %-0.36 %2.94 %
20089.89 %4.16 %3.84 %8.95 %
20071.86 %2.51 %2.85 %4.82 %
20063.84 %2.67 %3.23 %4.28 %
20054.11 %2.49 %3.39 %4.11 %
20043.00 %2.29 %2.68 %3.38 %
20034.40 %2.09 %2.27 %3.03 %
20025.71 %2.42 %1.59 %2.83 %
20011.22 %3.37 %2.83 %3.84 %
20002.80 %3.15 %3.38 %3.49 %
19995.54 %2.16 %2.19 %3.08 %
19985.58 %2.42 %1.55 %5.11 %
19977.09 %3.11 %2.34 %5.57 %

Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
Largest economies in the worldThe 50 largest economies in the worldList of the 50 largest and strongest economies in the world according to their gross domestic product
Germany: household debtsDebts an budget deficits in GermanyBudget surplus and deficits in the last 22 years in Germany incl. a comparison to the European Union
Heavily Indebted Poor CountriesList of the 36 Heavily Indebted Poor CountriesInformation on the 36 heavily indebted states that could not survive without subsidies.