Palestine recorded a Government Budget surplus equal to 2.30 percent of the country's Gross Domestic Product in 2017. Government Budget in Palestine averaged -0.82 percent of GDP from 1999 until 2017, reaching an all time high of 4.30 percent of GDP in 2008 and a record low of -8.20 percent of GDP in 2002.

Government Budget in Palestine is expected to be 3.30 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine Government Budget is projected to trend around 3.30 percent of GDP in 2020, according to our econometric models.

Palestine Government Budget
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Palestine Government Last Previous Highest Lowest Unit
Government Debt to GDP 17.50 18.50 26.36 2.93 percent [+]
Government Budget 2.30 3.30 4.30 -8.20 percent of GDP [+]
Credit Rating 15.00 [+]
Government Spending 837.40 878.30 971.00 443.10 USD million [+]


Palestine Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Palestine Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Palestine Government Budget - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 3.30 4.30 -8.20 1999 - 2017 percent of GDP Yearly




Country Last
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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