- Real GDP (purchasing power parity)
- Real GDP (purchasing power parity) 2024: $20.339 billion (2024 est.)
Real GDP (purchasing power parity) 2023: $27.694 billion (2023 est.)
Real GDP (purchasing power parity) 2022: $29.016 billion (2022 est.) - Real GDP growth rate
- Real GDP growth rate 2024: -26.6% (2024 est.)
Real GDP growth rate 2023: -4.6% (2023 est.)
Real GDP growth rate 2022: 4.1% (2022 est.) - Real GDP per capita
- Real GDP per capita 2024: $3,800 (2024 est.)
Real GDP per capita 2023: $5,400 (2023 est.)
Real GDP per capita 2022: $5,800 (2022 est.) - GDP (official exchange rate)
- $13.711 billion (2024 est.)
- Inflation rate (consumer prices)
- Inflation rate (consumer prices) 2024: 53.7% (2024 est.)
Inflation rate (consumer prices) 2023: 5.9% (2023 est.)
Inflation rate (consumer prices) 2022: 3.7% (2022 est.) - GDP - composition, by sector of origin
- agriculture: 5.7% (2022 est.)
industry: 17.4% (2022 est.)
services: 58.3% (2022 est.) - GDP - composition, by end use
- household consumption: 95.5% (2024 est.)
government consumption: 20.7% (2024 est.)
investment in fixed capital: 24.7% (2023 est.)
investment in inventories: 1.7% (2024 est.)
exports of goods and services: 21% (2024 est.)
imports of goods and services: -60.3% (2024 est.) - Agricultural products
- tomatoes, cucumbers, olives, poultry, milk, potatoes, sheep milk, eggplants, gourds
- Industries
- small-scale manufacturing, quarrying, textiles, soap, olive-wood carvings, and mother-of-pearl souvenirs
- Industrial production growth rate
- -32.2% (2024 est.)
- Labor force
- 1.391 million (2022 est.)
- Unemployment rate
- Unemployment rate 2022: 24.5% (2022 est.)
Unemployment rate 2021: 26.4% (2021 est.)
Unemployment rate 2020: 25.9% (2020 est.) - Youth unemployment rate (ages 15-24)
- total: 36.1% (2022 est.)
male: 31.6% (2022 est.)
female: 56.6% (2022 est.) - Population below poverty line
- 29.2% (2016 est.)
- Gini Index coefficient - distribution of family income
- Gini Index coefficient - distribution of family income 2023: 36.4 (2023 est.)
- Household income or consumption by percentage share
- lowest 10%: 2.5% (2023 est.)
highest 10%: 27.1% (2023 est.) - Remittances
- Remittances 2024: 5.4% of GDP (2024 est.)
Remittances 2023: 18.2% of GDP (2023 est.)
Remittances 2022: 24% of GDP (2022 est.) - Budget
- revenues: $1.409 billion (2021 est.)
expenditures: $1.499 billion (2021 est.) - Public debt
- Public debt 2013: 23.8% of GDP (2013 est.)
- Taxes and other revenues
- 21.5% (of GDP) (2021 est.)
- Current account balance
- Current account balance 2024: -$2.899 billion (2024 est.)
Current account balance 2023: -$2.895 billion (2023 est.)
Current account balance 2022: -$2.037 billion (2022 est.) - Exports
- Exports 2024: $2.885 billion (2024 est.)
Exports 2023: $3.413 billion (2023 est.)
Exports 2022: $3.533 billion (2022 est.) - Exports - partners
- Jordan 51%, Turkey 12%, UAE 8%, Saudi Arabia 5%, UK 4% (2023)
- Exports - commodities
- scrap iron, tropical fruits, olive oil, building stone, prepared meat (2023)
- Imports
- Imports 2024: $8.264 billion (2024 est.)
Imports 2023: $11.637 billion (2023 est.)
Imports 2022: $12.257 billion (2022 est.) - Imports - partners
- Egypt 25%, Jordan 17%, China 8%, Germany 7%, UAE 7% (2023)
- Imports - commodities
- cement, raw sugar, cars, baked goods, perfumes (2023)
- Reserves of foreign exchange and gold
- Reserves of foreign exchange and gold 2024: $1.328 billion (2024 est.)
Reserves of foreign exchange and gold 2023: $1.323 billion (2023 est.)
Reserves of foreign exchange and gold 2022: $896.9 million (2022 est.) - Exchange rates
- Currency: new Israeli shekels (ILS) per US dollar -
Exchange rates 2024: 3.7 (2024 est.)
Exchange rates 2023: 3.67 (2023 est.)
Exchange rates 2022: 3.36 (2022 est.)
Exchange rates 2021: 3.23 (2021 est.)
Exchange rates 2020: 3.442 (2020 est.)