Economic Growth in West Bank and Gaza
The West Bank and Gaza recorded an average growth rate of 2.1% in the decade to 2022. In 2022, the real GDP growth was 3.9%. For more GDP information, visit our dedicated page.
West Bank and Gaza GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for West Bank and Gaza from 2014 to 2023.
Source: Macrobond.
West Bank and Gaza GDP Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Economic Growth (GDP, ann. var. %) | 1.4 | -11.3 | 7.0 | 4.1 | -5.2 |
| GDP (USD bn) | 17.1 | 15.5 | 18.1 | 19.2 | 17.5 |
| GDP (LCU bn) | 17.1 | 15.5 | 18.1 | 19.2 | 17.5 |
| Economic Growth (Nominal GDP, ann. var. %) | 5.3 | -9.3 | 16.6 | 5.8 | -8.9 |