State of Palestine GDP (2026)

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Last updated: GDP values are shown in current U.S. dollars

The State of Palestine has an economy supported by services, trade, agriculture, construction, and international assistance. Small businesses, commerce, education, and public services play important roles despite ongoing political and economic challenges. This page presents State of Palestine GDP data, historical trends, and the economic outlook for 2026.

State of Palestine Live GDP
$8,403,619,984
GDP Added Today
$26,762,449
GDP Growth Rate (2026)
-26.60%
vs 2025
โ–ผ โˆ’26.60%
GDP Per Capita (2026)
$2,443
vs 2025
โ–ฒ +$2,443
Global Rank (Nominal)
#153
of 218 countries
Years Covered
1994โ€“2026
33 years

State of Palestine GDP Growth (1994โ€“2026)

Annual real GDP growth rate (%)

Historical Highlights

1994โ€“2026 GDP performance summary

Highest GDP $19.17B
Lowest GDP $2.84B
Average Growth -0.81%
1994โ€“2026
Best Growth 0.00%
Weakest Growth -26.60%
โ—‰

Share of World GDP (2026)

State of Palestine 0.01%
United States 25.58%
China 16.47%
Germany 4.31%
Japan 3.46%
Rest of World 50.17%
โ˜†

Key Findings

โœ“

State of Palestine's GDP in 2026 is $13.71B.

โœ“

It ranks #153 among 218 countries.

โœ“

State of Palestine contributes 0.01% to the world economy.

โœ“

GDP per capita is $2,443 in 2026.

โœ“

The economy recorded GDP growth of -26.60% in 2026.

Historical Data

State of Palestine GDP Historical Data (1994โ€“2026)

2026 $13,711,000,000 -26.60% $2,443 0.01% #151
2025 $17,167,100,000 0.00% N/A 0.01% #140
2024 $16,016,900,000 0.00% N/A 0.01% #138
2023 $18,635,100,000 0.00% N/A 0.02% #132
2022 $19,165,500,000 0.00% N/A 0.02% #125
2021 $18,109,000,000 0.00% N/A 0.02% #124
2020 $15,531,700,000 0.00% N/A 0.02% #124
2019 $17,133,500,000 0.00% N/A 0.02% #121
2018 $16,276,600,000 0.00% N/A 0.02% #126
2017 $16,128,000,000 0.00% N/A 0.02% #122
2016 $15,405,400,000 0.00% N/A 0.02% #121
2015 $13,972,400,000 0.00% N/A 0.02% #128
2014 $13,989,700,000 0.00% N/A 0.02% #132
2013 $13,515,500,000 0.00% N/A 0.02% #131
2012 $12,208,400,000 0.00% N/A 0.02% #134
2011 $11,186,100,000 0.00% N/A 0.01% #137
2010 $9,681,500,000 0.00% N/A 0.01% #137
2009 $8,085,700,000 0.00% N/A 0.01% #143
2008 $7,310,400,000 0.00% N/A 0.01% #143
2007 $5,815,700,000 0.00% N/A 0.01% #147
2006 $5,348,300,000 0.00% N/A 0.01% #145
2005 $5,125,700,000 0.00% N/A 0.01% #143
2004 $4,603,100,000 0.00% N/A 0.01% #144
2003 $3,968,000,000 0.00% N/A 0.01% #143
2002 $3,555,800,000 0.00% N/A 0.01% #140
2001 $4,003,700,000 0.00% N/A 0.01% #130
2000 $4,313,600,000 0.00% N/A 0.01% #125
1999 $4,271,200,000 0.00% N/A 0.01% #125
1998 $4,067,800,000 0.00% N/A 0.01% #125
1997 $3,759,800,000 0.00% N/A 0.01% #128
1996 $3,409,600,000 0.00% N/A 0.01% #131
1995 $3,282,800,000 0.00% N/A 0.01% #130
1994 $2,843,300,000 0.00% N/A 0.01% #125

State of Palestine GDP Projections (IMF)

i
Projection data is not available.

State of Palestine Economy Overview

The State of Palestine has a service-based economy supported by trade, construction, agriculture, education, healthcare, and public administration. Small and medium-sized businesses form the backbone of economic activity, while retail trade and professional services provide substantial employment.

Agriculture produces olives, citrus fruits, vegetables, and livestock products. Construction, transportation, telecommunications, and financial services also contribute to domestic output. Economic development remains heavily influenced by political conditions, movement restrictions, and external assistance.

State of Palestine GDP Outlook

The State of Palestine faces an exceptionally uncertain economic outlook because of conflict, physical destruction, movement restrictions, disrupted trade, and weakened public finances. Recovery would require reconstruction of housing, roads, electricity, healthcare, education, and commercial infrastructure. Agriculture, technology, construction, trade, and professional services retain long-term potential. Continued insecurity, displacement, unemployment, limited market access, reduced investment, and dependence on international assistance create severe downside risks.