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Unit ( Billions of US dollars )
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According to the latest statistical data released by the World Bank in 2024, the gross domestic product(GDP) of Palestine in 2021 was $18.04 billion, ranking 118th in the world and 34th in Asian countries. In 2020, the GDP of Palestine was $15.53 billion, ranking 122nd in the world and 38th in Asian countries. In 2019, the GDP of Palestine was $17.13 billion, ranking 122nd in the world and 40th in Asian countries. In 2018, the GDP of Palestine was $16.28 billion, ranking 125th in the world and 40th in Asian countries. Palestine's GDP growth rates in 2021, 2020, 2019 and 2018 were 16.13%, -9.35%, 5.27% and 0.92% respectively.
| Year | GDP | Share of World GDP |
|---|---|---|
| 2021 | $18.04 billion | 0.0188% |
| 2020 | $15.53 billion | 0.0183% |
| 2019 | $17.13 billion | 0.0195% |
| 2018 | $16.28 billion | 0.0188% |
| 2017 | $16.13 billion | 0.0198% |
| 2016 | $15.41 billion | 0.0201% |
| 2015 | $13.97 billion | 0.0186% |
| 2014 | $13.99 billion | 0.0176% |
| 2013 | $13.52 billion | 0.0174% |
| 2012 | $12.21 billion | 0.0162% |
| 2011 | $11.19 billion | 0.0151% |
| 2010 | $9.68 billion | 0.0145% |
| 2009 | $8.09 billion | 0.0133% |
| 2008 | $7.31 billion | 0.0114% |
| 2007 | $5.82 billion | 0.01% |
| 2006 | $5.35 billion | 0.0103% |
| 2005 | $5.13 billion | 0.0107% |
| 2004 | $4.6 billion | 0.0104% |
| 2003 | $3.97 billion | 0.0101% |
| 2002 | $3.56 billion | 0.0102% |
| 2001 | $4 billion | 0.0119% |
| 2000 | $4.31 billion | 0.0128% |
| 1999 | $4.27 billion | 0.013% |
| 1998 | $4.07 billion | 0.0129% |
| 1997 | $3.76 billion | 0.0119% |
| 1996 | $3.41 billion | 0.0107% |
| 1995 | $3.28 billion | 0.0106% |
| 1994 | $2.84 billion | 0.0102% |