- 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.)
note: data in 2021 dollars; entry includes West Bank and Gaza Strip - 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.)
note: annual GDP % growth based on constant local currency; entry includes West Bank and Gaza Strip - 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.)
note: data in 2021 dollars; entry includes West Bank and Gaza Strip - GDP (official exchange rate)
- $13.711 billion (2024 est.)
note: data in current dollars at official exchange rate; entry includes West Bank and Gaza Strip - 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.)
note: annual % change based on consumer prices; entry includes West Bank and Gaza Strip - GDP - composition, by sector of origin
- agriculture: 5.7% (2022 est.)
industry: 17.4% (2022 est.)
services: 58.3% (2022 est.)
note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data - GDP - composition, by end use
- household consumption: 95.5% (2024 est.)
government consumption: 20.7% (2024 est.)
investment in fixed capital: 21.8% (2024 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.)
note: figures may not total 100% due to rounding or gaps in data collection - Agricultural products
- tomatoes, milk, cucumbers/gherkins, olives, potatoes, sheep milk, eggplants, pumpkins/squash, grapes, goat milk (2023)
note: top ten agricultural products based on tonnage - Industries
- textiles, food processing, furniture
- Industrial production growth rate
- -32.2% (2024 est.)
note: annual % change in industrial value added based on constant local currency; entry includes West Bank and Gaza Strip - Labor force
- 1.391 million (2022 est.)
note: number of people ages 15 or older who are employed or seeking work; entry includes West Bank and Gaza Strip - Unemployment rate
- Unemployment rate 2022: 24.5% (2022 est.)
Unemployment rate 2021: 26.4% (2021 est.)
Unemployment rate 2020: 25.9% (2020 est.)
note: % of labor force seeking employment; entry includes West Bank and Gaza Strip - Youth unemployment rate (ages 15-24)
- total: 36.1% (2022 est.)
male: 31.6% (2022 est.)
female: 56.6% (2022 est.)
note: % of labor force ages 15-24 seeking employment - Population below poverty line
- 29.2% (2016 est.)
note: % of population with income below national poverty line; entry includes West Bank and Gaza Strip - Gini Index coefficient - distribution of family income
- Gini Index coefficient - distribution of family income 2023: 36.4 (2023 est.)
note: index (0-100) of income distribution; higher values represent greater inequality; entry includes West Bank and Gaza Strip - Household income or consumption by percentage share
- lowest 10%: 2.5% (2023 est.)
highest 10%: 27.1% (2023 est.)
note: % share of income accruing to lowest and highest 10% of population; entry includes West Bank and Gaza Strip - Remittances
- Remittances 2024: 5.4% of GDP (2024 est.)
Remittances 2023: 18.2% of GDP (2023 est.)
Remittances 2022: 24% of GDP (2022 est.)
note: personal transfers and compensation between resident and non-resident individuals/households/entities; entry includes West Bank and Gaza Strip - Budget
- see entry for the West Bank
- Taxes and other revenues
- 21.5% (of GDP) (2021 est.)
note: central government tax revenue as a % of GDP; entry includes West Bank and Gaza Strip - 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.)
note: balance of payments - net trade and primary/secondary income in current dollars; entry includes West Bank and Gaza Strip - Exports
- Exports 2024: $2.885 billion (2024 est.)
Exports 2023: $3.413 billion (2023 est.)
Exports 2022: $3.533 billion (2022 est.)
note: balance of payments - exports of goods and services in current dollars; entry includes West Bank and Gaza Strip - Exports - partners
- Jordan 51%, Turkey 12%, UAE 8%, Saudi Arabia 5%, UK 4% (2023)
note: top five export partners based on percentage share of exports; entry includes the West Bank and the Gaza Strip - Exports - commodities
- scrap iron, tropical fruits, olive oil, building stone, prepared meat (2023)
note: top five export commodities based on value in dollars; entry includes the West Bank and the Gaza Strip - Imports
- Imports 2024: $8.264 billion (2024 est.)
Imports 2023: $11.637 billion (2023 est.)
Imports 2022: $12.257 billion (2022 est.)
note: balance of payments - imports of goods and services in current dollars; entry includes West Bank and Gaza Strip - Imports - partners
- Egypt 25%, Jordan 17%, China 8%, Germany 7%, UAE 7% (2023)
note: top five import partners based on percentage share of imports; entry includes the West Bank and the Gaza Strip - Imports - commodities
- cement, raw sugar, cars, baked goods, perfumes (2023)
note: top five import commodities based on value in dollars; entry includes the West Bank and the Gaza Strip - 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.)
note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars; entry includes West Bank and Gaza Strip - Exchange rates
- see entry for the West Bank
- Public debt
- Public debt 2013: 23.8% of GDP (2013 est.)