West Bank and Gaza — GDP (PPP)
GDP (PPP) for West Bank and Gaza, 1994–2025.
GDP (PPP) for West Bank and Gaza was 27.07 billion in 2025, according to the latest World Bank data. The series covers 32 years, from 1994 to 2025. The highest recorded value was 31.92 billion in 2023. The lowest was 5.21 billion in 1994 (about 5.2× the low point). Across that span the compound annual growth rate works out to 5.46% per year.
West Bank and Gaza ranks 152 of 201 economies on this measure (1 = highest), putting it in the top 76%. The median for Middle East, North Africa, Afghanistan & Pakistan is 274.73 billion, so West Bank and Gaza sits below it. It peaked in 2023 and has fallen 15% since. Over the last decade (2015–2025) the figure moved up 10%. Within Middle East, North Africa, Afghanistan & Pakistan it ranks 21 of 22 economies; Djibouti (10.01 billion) is just below it. Its sharpest one-year move was up 25% in 2004. That is 4% below this series' own ten-year average.
Data highlights
From its 1994 level: doubled by 2005. Doubling roughly every 13 years at that pace.
World ranking. Slipped: 140th of 188 in 1994 → 143rd of 194 in 2000 → 143rd of 200 in 2010 → 137th of 198 in 2020 → 147th of 185 in 2025.
Key figures
Full history — 1994 to 2025
| Year | current international $ | Change |
|---|---|---|
| 2025 | 27,066,426,398.63 | +7.3% |
| 2024 | 25,232,673,502.19 | -20.9% |
| 2023 | 31,916,806,459.49 | +2.7% |
| 2022 | 31,080,110,138.65 | +11.5% |
| 2021 | 27,878,126,229.88 | -2.6% |
| 2020 | 28,609,644,862.7 | -6.2% |
| 2019 | 30,494,072,108.71 | +7.4% |
| 2018 | 28,400,606,241.97 | +4.4% |
| 2017 | 27,203,915,977.43 | +2.8% |
| 2016 | 26,474,303,888.94 | +7.5% |
| 2015 | 24,638,355,542.62 | +9.7% |
| 2014 | 22,459,712,716.4 | +4.2% |
| 2013 | 21,557,010,047.84 | +3.9% |
| 2012 | 20,754,291,213.59 | +18.9% |
| 2011 | 17,452,978,799.9 | +11.9% |
| 2010 | 15,602,241,929.88 | +7.1% |
| 2009 | 14,572,973,199.03 | +9.3% |
| 2008 | 13,337,485,311.1 | +9.5% |
| 2007 | 12,180,459,701 | +6.6% |
| 2006 | 11,426,303,733.93 | +2.1% |
| 2005 | 11,196,051,508 | +14.8% |
| 2004 | 9,754,347,362.35 | +25.2% |
| 2003 | 7,790,816,730.62 | +16.3% |
| 2002 | 6,700,816,640.01 | -11.1% |
| 2001 | 7,539,890,005.77 | -7.3% |
| 2000 | 8,130,931,295.8 | -6.5% |
| 1999 | 8,694,711,884.79 | +9.8% |
| 1998 | 7,917,753,208.57 | +15.6% |
| 1997 | 6,848,137,832.64 | +16.6% |
| 1996 | 5,870,921,582.12 | +3.1% |
| 1995 | 5,696,188,857.86 | +9.4% |
| 1994 | 5,208,478,031.17 | — |
Frequently asked questions
What was West Bank and Gaza’s GDP (PPP) in 1995?
5,696,188,857.86 (1995). The full year-by-year table above lists every published year, most recent first.
Are West Bank and Gaza’s GDP (PPP) figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current international $ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is West Bank and Gaza’s GDP (PPP) growing or shrinking?
Between 1994 and 2025 the series was growing overall: +419.7% in total — about 5.5% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.PP.CD. 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: 27,066,426,398.63; 2024: 25,232,673,502.19; 2023: 31,916,806,459.49; 2022: 31,080,110,138.65; 2021: 27,878,126,229.88. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.PP.CD — GDP (PPP). 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.