The Gross Domestic Product (GDP) in Palestine was worth 8 billion US dollars in 2016. The GDP value of Palestine represents 0.01 percent of the world economy. GDP in Palestine averaged 4.95 USD Billion from 1994 until 2016, reaching an all time high of 8 USD Billion in 2016 and a record low of 3.04 USD Billion in 1994.

GDP in Palestine is expected to be 8.10 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine GDP is projected to trend around 8.50 USD Billion in 2020, according to our econometric models.

Palestine GDP
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Palestine GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.40 -0.50 26.03 -21.59 percent [+]
GDP 8.00 7.70 8.00 3.04 USD Billion [+]
GDP per capita 1997.30 1745.90 1997.30 879.52 USD [+]
Gross Fixed Capital Formation 815.80 747.60 815.80 365.60 USD million [+]
GDP Constant Prices 3486.50 3351.30 3502.30 778.50 USD Million [+]
GDP From Agriculture 97.10 103.90 124.90 46.80 USD Million [+]
GDP From Construction 236.10 213.90 236.60 16.80 USD Million [+]
GDP From Manufacturing 391.10 366.50 391.10 84.50 USD Million [+]
GDP From Mining 18.00 17.90 18.00 1.00 USD Million [+]
GDP From Public Administration 440.90 419.60 515.20 80.30 USD Million [+]
GDP From Services 723.70 683.10 723.70 200.60 USD Million [+]
GDP From Transport 62.40 55.80 72.70 18.00 USD Million [+]
GDP From Utilities 39.80 35.00 52.60 10.00 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. This page provides - Palestine GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Palestine GDP - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8.00 7.70 8.00 3.04 1994 - 2016 USD Billion Yearly
Current USD




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