West Bank and Gaza — Inflation
Inflation, Consumer Prices (Annual %) for West Bank and Gaza, 1997–2025.
Inflation for West Bank and Gaza was 9.81% in 2025, according to the latest World Bank data. The series covers 29 years, from 1997 to 2025. The highest recorded value was 53.67% in 2024. The lowest was -0.74% in 2020 (about -13.3× the low point). Across that span the compound annual growth rate works out to 1.17% per year.
West Bank and Gaza ranks 22 of 187 economies on this measure (1 = highest), putting it in the top 12%. The median for Middle East, North Africa, Afghanistan & Pakistan is 2.04%, so West Bank and Gaza sits above it. It peaked in 2024 and has fallen 82% since. Over the last decade (2015–2025) the figure moved up 585%. Within Middle East, North Africa, Afghanistan & Pakistan it ranks 5 of 23 economies; Yemen, Rep. (8.10%) is just below it. Its sharpest one-year move was up 910% in 2019. That is 41% above this series' own ten-year average.
Data highlights
From its 1997 level: doubled by 2024. Doubling roughly every 60 years at that pace.
World ranking. Climbed: 66th of 158 in 1997 → 96th of 163 in 2000 → 83rd of 186 in 2010 → 164th of 178 in 2020 → 17th of 169 in 2025.
Key figures
Full history — 1997 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 9.81% | -43.9 pp |
| 2024 | 53.67% | +47.8 pp |
| 2023 | 5.87% | +2.1 pp |
| 2022 | 3.74% | +2.5 pp |
| 2021 | 1.24% | +2.0 pp |
| 2020 | -0.74% | -2.3 pp |
| 2019 | 1.58% | +1.8 pp |
| 2018 | -0.2% | -0.4 pp |
| 2017 | 0.21% | +0.4 pp |
| 2016 | -0.22% | -1.7 pp |
| 2015 | 1.43% | -0.3 pp |
| 2014 | 1.73% | +0.0 pp |
| 2013 | 1.72% | -1.1 pp |
| 2012 | 2.78% | -0.1 pp |
| 2011 | 2.88% | -0.9 pp |
| 2010 | 3.75% | +1.0 pp |
| 2009 | 2.75% | -7.1 pp |
| 2008 | 9.89% | +8.0 pp |
| 2007 | 1.86% | -2.0 pp |
| 2006 | 3.84% | -0.3 pp |
| 2005 | 4.11% | +1.1 pp |
| 2004 | 3% | -1.4 pp |
| 2003 | 4.4% | -1.3 pp |
| 2002 | 5.71% | +4.5 pp |
| 2001 | 1.22% | -1.6 pp |
| 2000 | 2.8% | -2.7 pp |
| 1999 | 5.54% | -0.0 pp |
| 1998 | 5.58% | -1.5 pp |
| 1997 | 7.09% | — |
Frequently asked questions
What was West Bank and Gaza’s Inflation in 1998?
5.58% (1998). 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 Inflation growing or shrinking?
Between 1997 and 2025 the series was growing overall: +38.4% in total — about 1.2% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.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: 9.81%; 2024: 53.67%; 2023: 5.87%; 2022: 3.74%; 2021: 1.24%. Earlier years are in the full-history table below.
Related data
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (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.