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West Bank and Gaza — GDP growth

Also known as economic growth rate, GDP growth rate, annual growth of the economy, growth rate.

GDP Growth (Annual %) for West Bank and Gaza, 1995–2025.

Latest value · 2025
4.34%
GDP Growth (Annual %) · annual % · -39.0% since 1995
Free for any use — attribution is the link itself.

GDP growth for West Bank and Gaza was 4.34% in 2025, according to the latest World Bank data. The series covers 31 years, from 1995 to 2025. The highest recorded value was 21.92% in 2004. The lowest was -22.86% in 2024 (about -5.3× the latest value). Across that span the compound annual growth rate works out to -1.63% per year.

West Bank and Gaza ranks 71 of 212 economies on this measure (1 = highest), putting it in the top 33%. The median for Middle East, North Africa, Afghanistan & Pakistan is 2.93%, so West Bank and Gaza sits above it. It peaked in 2004 and has fallen 80% since. Over the last decade (2015–2025) the figure moved up 17%. Within Middle East, North Africa, Afghanistan & Pakistan it ranks 6 of 23 economies; United Arab Emirates (3.99%) is just below it. Its sharpest one-year move was up 2457% in 2015. That is 1635% above this series' own ten-year average.

Data highlights

From its 1995 level: doubled by 1997.

World ranking. Slipped: 35th of 196 in 1995 → 198th of 199 in 2000 → 70th of 209 in 2010 → 181st of 209 in 2020 → 64th of 186 in 2025.

Adjacent in the latest world ranking (71 of 212): Panama (#70) · Guatemala (#72).

Key figures

Latest (2025)
4.34%
First (1995)
7.12%
Change
-39.0%
Highest
21.92%
in 2004
Lowest
-22.86%
in 2024
Average
3.36%
Annual growth (CAGR)
-1.63%
Years of data
31

Recent published years. 2025 — 4.34% · 2024 — -22.86% · 2023 — -0.97% · 2022 — 4.08% · 2021 — 7.01%.

Full history — 1995 to 2025

All 31 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

West Bank and Gaza — GDP growth
Yearannual %Change
20254.34%+27.2 pp
2024-22.86%-21.9 pp
2023-0.97%-5.1 pp
20224.08%-2.9 pp
20217.01%+18.3 pp
2020-11.32%-12.7 pp
20191.36%+0.1 pp
20181.23%-0.2 pp
20171.42%-7.4 pp
20168.86%+5.1 pp
20153.72%+3.9 pp
2014-0.16%-4.9 pp
20134.7%-1.4 pp
20126.1%-3.5 pp
20119.6%+3.8 pp
20105.78%-2.8 pp
20098.59%+1.2 pp
20087.43%+3.6 pp
20073.79%+4.8 pp
2006-1%-12.3 pp
200511.29%-10.6 pp
200421.92%+7.9 pp
200314.02%+26.5 pp
2002-12.49%-3.2 pp
2001-9.31%-0.8 pp
2000-8.56%-16.8 pp
19998.28%-6.1 pp
199814.33%-0.3 pp
199714.67%+13.5 pp
19961.21%-5.9 pp
19957.12%—
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was West Bank and Gaza’s GDP growth in 1996?

1.21% (1996). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is West Bank and Gaza’s GDP growth growing or shrinking?

Between 1995 and 2025 the series was shrinking overall: -39.0% in total — about 1.6% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2025: 4.34%; 2024: -22.86%; 2023: -0.97%; 2022: 4.08%; 2021: 7.01%. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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