West Bank and Gaza — GDP (PPP)
GDP (PPP) for West Bank and Gaza, 1994–2025.
Latest value · 2025
27.07 billion
GDP (PPP) · current international $ · +419.7% since 1994
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%.
Key figures
Latest (2025)
27.07 billion
First (1994)
5.21 billion
Change
+419.7%
Highest
31.92 billion
in 2023
Lowest
5.21 billion
in 1994
Average
17.18 billion
Annual growth (CAGR)
5.46%
Years of data
32
Recent years
| Year | current international $ |
|---|---|
| 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 |
| 2020 | 28,609,644,862.7 |
| 2019 | 30,494,072,108.71 |
| 2018 | 28,400,606,241.97 |
| 2017 | 27,203,915,977.43 |
| 2016 | 26,474,303,888.94 |
| 2015 | 24,638,355,542.62 |
| 2014 | 22,459,712,716.4 |
Reading this correctly. GDP converted using purchasing power parity rates rather than market exchange rates. Better for comparing living standards between countries; not comparable with the nominal GDP figure. Figures are in current international $. 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.
Related data
Source. World Bank Open Data, indicator
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.