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Middle East, North Africa, Afghanistan & Pakistan · Lower middle income

West Bank and Gaza: the economy in numbers

Per person: $3,171, or $5,000 at purchasing power parity. Population: 5.41 million (2025).

$17.2B+4.3%real GDP growth, 2025

GDP in 2025, current US dollars: #139 of 204 economies.

GDP per capita
$3,171
2025 · #153 of 204
GDP per capita, PPP
$5,000
2025 · #164 of 197
Inflation
9.8%
2025
Government debt
55.9%
2025 · % of GDP, general government
Population
5.41M
2025 · #123 of 217
Unemployment
24.4%
2022 · ILO estimate
Stock market capitalization
28.8%
2025 · % of GDP · $4.94B
Life expectancy
69.2 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $6.18 billion in 1994, $17.2 billion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $2,612 per person in 1994, $3,171 in 2025.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: −1.1% a year. Years of falling GDP since 1995: 8 of 31.

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose 3.11 times from 2000 to 2025. Highest annual inflation: 53.7% in 2024.

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 2000: 56.1% of GDP in 2024.

Source: International Monetary Fund, World Economic Outlook (October 2026)

Stock market capitalization, % of GDP

In 2025 listed domestic companies were worth $4.94 billion, or 28.8% of GDP.

Listed domestic companies, end of year (the “Buffett indicator”)Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1990: 1.98 million · 2025: 5.41 million.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 10.7% · 2022: 24.4%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1990: 67.8 years · 2024: 69.2 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

1994: 14.5% · 2025: 21.2%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationUnemploymentStock market, % GDPLife expectancyExports, % GDP
2025$17.2B$3,171$5,0004.3%9.8%55.9%5.41M28.8%21.2%
2024$16B$3,028$4,771−22.9%53.7%56.1%5.29M25.5%69.221.9%
2023$18.6B$3,607$6,179−1.0%5.9%46.5%5.17M24.8%65.217.0%
2022$19.2B$3,800$6,1624.1%3.7%47.1%5.04M24.4%25.5%76.718.4%
2021$18.1B$3,679$5,6637.0%1.2%50.2%4.92M26.4%24.3%73.917.3%
2020$15.5B$3,234$5,956−11.3%−0.7%47.1%4.8M25.9%22.2%75.015.4%
2019$17.1B$3,657$6,5081.4%1.6%34.5%4.69M25.3%21.9%75.815.5%
2018$16.3B$3,562$6,2161.2%−0.2%33.1%4.57M26.3%22.9%75.416.0%
2017$16.1B$3,620$6,1071.4%0.2%31.8%4.45M25.7%24.1%75.215.7%
2016$15.4B$3,528$6,0628.9%−0.2%31.0%4.37M23.9%22.0%74.914.3%
2015$14B$3,272$5,7703.7%1.4%37.1%4.27M23.0%23.9%74.616.1%
2014$14B$3,352$5,382−0.2%1.7%34.0%4.17M20.5%22.8%72.815.8%
2013$13.5B$3,315$5,2884.7%1.7%30.2%4.08M19.9%24.0%74.115.6%
2012$12.2B$3,067$5,2156.1%2.8%29.8%3.98M19.2%23.4%73.715.3%
2011$11.2B$2,881$4,4959.6%2.9%26.3%3.88M17.6%24.9%73.616.1%
2010$9.68B$2,557$4,1215.8%3.7%22.7%3.79M21.4%25.3%73.314.1%
2009$8.09B$2,192$3,9508.6%2.8%24.0%3.69M20.5%29.4%72.314.0%
2008$7.31B$2,035$3,7137.4%9.9%23.0%3.59M22.9%24.9%72.215.9%
2007$5.82B$1,664$3,4863.8%1.9%23.7%3.49M18.3%30.1%72.118.3%
2006$5.35B$1,570$3,354−1.0%3.8%19.3%3.41M19.0%36.1%71.813.8%
2005$5.13B$1,544$3,37211.3%4.1%24.0%3.32M20.0%61.7%72.014.1%
2004$4.6B$1,422$3,01421.9%3.0%21.1%3.24M23.2%16.9%71.113.0%
2003$3.97B$1,258$2,46914.0%4.4%20.7%3.15M23.0%11.6%71.013.0%
2002$3.56B$1,156$2,179−12.5%5.7%20.9%3.08M27.5%11.8%70.913.4%
2001$4.0B$1,336$2,515−9.3%1.2%22.2%3.0M21.5%12.8%69.815.4%
2000$4.31B$1,476$2,783−8.6%2.8%20.0%2.92M10.6%10.5%70.320.5%
1999$4.27B$1,499$3,0528.3%5.5%2.85M10.4%14.1%70.817.6%
1998$4.07B$1,465$2,85214.3%5.6%2.78M10.5%70.618.1%
1997$3.76B$1,389$2,53014.7%7.1%2.71M10.5%70.317.3%
1996$3.41B$1,317$2,2691.2%2.59M10.7%70.016.0%
1995$3.28B$1,327$2,3027.1%2.47M10.7%69.617.1%
1994$2.84B$1,202$2,2012.37M10.8%69.314.5%
19932.26M10.7%68.8
19922.16M10.7%68.5
19912.07M10.7%68.2
19901.98M67.8

e: IMF estimate; f: IMF forecast.

Nearby economies in Middle East, North Africa, Afghanistan & Pakistan

Nearest by distance between capitals, with GDP per capita.

Afghanistan · Algeria · Bahrain · Djibouti · Egypt · Iran · Iraq · Israel · Jordan · Kuwait · Lebanon · Libya · Malta · Morocco · Oman · Pakistan · Qatar · Saudi Arabia · Syria · Tunisia · United Arab Emirates · West Bank and Gaza · Yemen

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)