Palestine GDP Growth

GDP Growth Rate

Year -

-5.51%

In 2023, Palestine experienced a significant a decrease in its GDP growth rate, which fall to -5.51% from 4.08% in 2022. Additionally, the GDP per capita growth rate in Palestine decrease to -7.74% in 2023, compared to 1.59% in 2022.

Palestine GDP Growth

In 2023, Palestine experienced a decrease in economic performance, with the GDP growth rate falling by 9.59%. Additionally, the GDP per capita growth rate decrease by 9.33%.

Palestine Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Palestine Annual GDP Growth
YearGDP GrowthNet ChgGDP Capita GrowthNet Chg
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----
19957.12-2.43-
19961.22%-5.90%-3.22%-5.65%
199714.67%13.45%9.65%12.87%
199814.33%-0.34%11.45%1.80%
19998.28%-6.05%5.55%-5.90%
2000-8.56%-16.84%-10.86%-16.41%
2001-9.31%-0.75%-11.6%-0.74%
2002-12.49%-3.18%-14.7%-3.10%
200314.02%26.51%11.14%25.84%
200421.93%7.91%18.85%7.71%
200511.29%-10.64%8.48%-10.37%
2006-1%-12.29%-3.49%-11.97%
20073.79%4.79%1.17%4.66%
20087.43%3.64%4.51%3.34%
20098.59%1.16%5.73%1.22%
20105.78%-2.81%3.07%-2.66%
20119.6%3.82%6.87%3.80%
20126.1%-3.50%3.51%-3.36%
20134.7%-1.40%2.21%-1.30%
2014-0.16%-4.86%-2.47%-4.68%
20153.72%3.88%1.37%3.84%
20168.86%5.14%6.45%5.08%
20171.42%-7.44%-0.58%-7.03%
20181.23%-0.19%-1.3%-0.72%
20191.36%0.13%-1.15%0.15%
2020-11.32%-12.68%-13.5%-12.35%
20217.01%18.33%4.41%17.91%
20224.08%-2.93%1.59%-2.82%
2023-5.51%-9.59%-7.74%-9.33%