The Gross Domestic Product (GDP) in Palestine was worth 15 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Palestine represents 0.01 percent of the world economy.
GDP in Palestine averaged 4.29 USD Billion from 1970 until 2019, reaching an all time high of 15 USD Billion in 2019 and a record low of 0.18 USD Billion in 1970. This page provides - Palestine GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Palestine GDP - values, historical data and charts - was last updated on May of 2020. source: World Bank
GDP in Palestine is expected to reach 16.30 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine GDP is projected to trend around 16.70 USD Billion in 2021 and 17.00 USD Billion in 2022, according to our econometric models.