West Bank and Gaza — GDP
GDP (Nominal) for West Bank and Gaza, 1994–2025.
Latest value · 2025
17.17 billion
GDP (Nominal) · current US$ · +503.8% since 1994
GDP for West Bank and Gaza was 17.17 billion in 2025, according to the latest World Bank data. The series covers 32 years, from 1994 to 2025. The highest recorded value was 19.17 billion in 2022. The lowest was 2.84 billion in 1994 (about 6.0× the low point). Across that span the compound annual growth rate works out to 5.97% per year.
West Bank and Gaza ranks 142 of 212 economies on this measure (1 = highest), putting it in the top 67%. The median for Middle East, North Africa, Afghanistan & Pakistan is 109.60 billion, so West Bank and Gaza sits below it. It peaked in 2022 and has fallen 10% since. Over the last decade (2015–2025) the figure moved up 23%.
Key figures
Latest (2025)
17.17 billion
First (1994)
2.84 billion
Change
+503.8%
Highest
19.17 billion
in 2022
Lowest
2.84 billion
in 1994
Average
9.93 billion
Annual growth (CAGR)
5.97%
Years of data
32
Recent years
| Year | current US$ |
|---|---|
| 2025 | 17,167,100,000 |
| 2024 | 16,016,900,000 |
| 2023 | 18,635,100,000 |
| 2022 | 19,165,500,000 |
| 2021 | 18,109,000,000 |
| 2020 | 15,531,700,000 |
| 2019 | 17,133,500,000 |
| 2018 | 16,276,600,000 |
| 2017 | 16,128,000,000 |
| 2016 | 15,405,400,000 |
| 2015 | 13,972,400,000 |
| 2014 | 13,989,700,000 |
Reading this correctly. Gross domestic product at current market prices, converted to US dollars at official exchange rates. This is the number usually meant by 'GDP'. Figures are in current US$. 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.CD — GDP (Nominal). 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.