In 2023, Palestine witnessed a decrease in its Nominal GDP, falling to 17.40 billion dollars, and a decrease in its GDP based on Purchasing Power Parity (PPP), which reached 30.42 international billion dollars as per the World Bank's estimates.
Relatedly, in the preceding year of 2022, Palestine has Nominal GDP stood at 19.17 billion dollars, while the GDP based on PPP was 31.060 international billion dollars.
The net change in Palestine's GDP (Nominal) in 2023 decreased by -1.77 billion dollars(-10.17%), and GDP (PPP) decreased by -0.64 international billion dollars(-2.10%).
Source: worldbank Nominal PPP| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | - | - | - | - | - | - |
| 1988 | - | - | - | - | - | - |
| 1989 | - | - | - | - | - | - |
| 1990 | - | - | - | - | - | - |
| 1991 | - | - | - | - | - | - |
| 1992 | - | - | - | - | - | - |
| 1993 | - | - | - | - | - | - |
| 1994 | 2.84 | - | - | 5.21 | - | - |
| 1995 | 3.28 | 0.44 | 13.41 % | 5.70 | 0.49 | 8.60 % |
| 1996 | 3.41 | 0.13 | 3.81 % | 5.87 | 0.17 | 2.90 % |
| 1997 | 3.76 | 0.35 | 9.31 % | 6.85 | 0.98 | 14.31 % |
| 1998 | 4.07 | 0.31 | 7.62 % | 7.92 | 1.07 | 13.51 % |
| 1999 | 4.27 | 0.20 | 4.68 % | 8.69 | 0.77 | 8.86 % |
| 2000 | 4.31 | 0.04 | 0.93 % | 8.13 | -0.56 | -6.89 % |
| 2001 | 4.00 | -0.31 | -7.75 % | 7.54 | -0.59 | -7.82 % |
| 2002 | 3.56 | -0.44 | -12.36 % | 6.70 | -0.84 | -12.54 % |
| 2003 | 3.97 | 0.41 | 10.33 % | 7.79 | 1.09 | 13.99 % |
| 2004 | 4.60 | 0.63 | 13.70 % | 9.75 | 1.96 | 20.10 % |
| 2005 | 5.13 | 0.53 | 10.33 % | 11.20 | 1.45 | 12.95 % |
| 2006 | 5.35 | 0.22 | 4.11 % | 11.43 | 0.23 | 2.01 % |
| 2007 | 5.82 | 0.47 | 8.08 % | 12.18 | 0.75 | 6.16 % |
| 2008 | 7.31 | 1.49 | 20.38 % | 13.34 | 1.16 | 8.70 % |
| 2009 | 8.09 | 0.78 | 9.64 % | 14.57 | 1.23 | 8.44 % |
| 2010 | 9.68 | 1.59 | 16.43 % | 15.60 | 1.03 | 6.60 % |
| 2011 | 11.19 | 1.51 | 13.49 % | 17.45 | 1.85 | 10.60 % |
| 2012 | 12.21 | 1.02 | 8.35 % | 20.75 | 3.30 | 15.90 % |
| 2013 | 13.52 | 1.31 | 9.69 % | 21.56 | 0.81 | 3.76 % |
| 2014 | 13.99 | 0.47 | 3.36 % | 22.46 | 0.90 | 4.01 % |
| 2015 | 13.97 | -0.02 | -0.14 % | 24.64 | 2.18 | 8.85 % |
| 2016 | 15.41 | 1.44 | 9.34 % | 26.47 | 1.83 | 6.91 % |
| 2017 | 16.13 | 0.72 | 4.46 % | 27.20 | 0.73 | 2.68 % |
| 2018 | 16.28 | 0.15 | 0.92 % | 28.40 | 1.20 | 4.23 % |
| 2019 | 17.13 | 0.85 | 4.96 % | 30.49 | 2.09 | 6.85 % |
| 2020 | 15.53 | -1.60 | -10.30 % | 28.61 | -1.88 | -6.57 % |
| 2021 | 18.11 | 2.58 | 14.25 % | 27.88 | -0.73 | -2.62 % |
| 2022 | 19.17 | 1.06 | 5.53 % | 31.06 | 3.18 | 10.24 % |
| 2023 | 17.40 | -1.77 | -10.17 % | 30.42 | -0.64 | -2.10 % |