West Bank and Gaza — GDP
GDP (Nominal) for West Bank and Gaza, 1994–2025.
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%. Within Middle East, North Africa, Afghanistan & Pakistan it ranks 22 of 23 economies; Djibouti (4.62 billion) is just below it. Its sharpest one-year move was up 26% in 2008. That is 3% above this series' own ten-year average.
Data highlights
From its 1994 level: doubled by 2007. Doubling roughly every 12 years at that pace.
World ranking. Slipped: 125th of 196 in 1994 → 125th of 204 in 2000 → 136th of 212 in 2010 → 122nd of 210 in 2020 → 136th of 186 in 2025.
Key figures
Full history — 1994 to 2025
| Year | current US$ | Change |
|---|---|---|
| 2025 | 17,167,100,000 | +7.2% |
| 2024 | 16,016,900,000 | -14.0% |
| 2023 | 18,635,100,000 | -2.8% |
| 2022 | 19,165,500,000 | +5.8% |
| 2021 | 18,109,000,000 | +16.6% |
| 2020 | 15,531,700,000 | -9.3% |
| 2019 | 17,133,500,000 | +5.3% |
| 2018 | 16,276,600,000 | +0.9% |
| 2017 | 16,128,000,000 | +4.7% |
| 2016 | 15,405,400,000 | +10.3% |
| 2015 | 13,972,400,000 | -0.1% |
| 2014 | 13,989,700,000 | +3.5% |
| 2013 | 13,515,500,000 | +10.7% |
| 2012 | 12,208,400,000 | +9.1% |
| 2011 | 11,186,100,000 | +15.5% |
| 2010 | 9,681,500,000 | +19.7% |
| 2009 | 8,085,700,000 | +10.6% |
| 2008 | 7,310,400,000 | +25.7% |
| 2007 | 5,815,700,000 | +8.7% |
| 2006 | 5,348,300,000 | +4.3% |
| 2005 | 5,125,700,000 | +11.4% |
| 2004 | 4,603,100,000 | +16.0% |
| 2003 | 3,968,000,000 | +11.6% |
| 2002 | 3,555,800,000 | -11.2% |
| 2001 | 4,003,700,000 | -7.2% |
| 2000 | 4,313,600,000 | +1.0% |
| 1999 | 4,271,200,000 | +5.0% |
| 1998 | 4,067,800,000 | +8.2% |
| 1997 | 3,759,800,000 | +10.3% |
| 1996 | 3,409,600,000 | +3.9% |
| 1995 | 3,282,800,000 | +15.5% |
| 1994 | 2,843,300,000 | — |
Frequently asked questions
What was West Bank and Gaza’s GDP in 1995?
3,282,800,000 (1995). The full year-by-year table above lists every published year, most recent first.
Are West Bank and Gaza’s GDP figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — 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 growing or shrinking?
Between 1994 and 2025 the series was growing overall: +503.8% in total — about 6.0% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.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: 17,167,100,000; 2024: 16,016,900,000; 2023: 18,635,100,000; 2022: 19,165,500,000; 2021: 18,109,000,000. Earlier years are in the full-history table below.
Related data
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.