The Gross Domestic Product (GDP) in Palestine was worth 8 billion US dollars in 2016. The GDP value of Palestine represents 0.01 percent of the world economy. GDP in Palestine averaged 4.95 USD Billion from 1994 until 2016, reaching an all time high of 8 USD Billion in 2016 and a record low of 3.04 USD Billion in 1994.
GDP in Palestine is expected to be 8.10 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine GDP is projected to trend around 8.50 USD Billion in 2020, according to our econometric models.