Home
→
West Bank and Gaza
West Bank and Gaza
HistorySaid - pattern
West Bank and Gaza matched the Export Boom Cycle pattern in 2008. 1 pattern matches detected historically. View →
Economy & Growth
GDP $13.7B
GDP per Capita $2,592
GDP Growth -26.56%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Agriculture Value Added | 5.70% | - | 4.76% | 4.76% Trend | 4.36% Trend | - |
| GDP | $17.8B | $13.7B | - | - | - | - |
| GDP Deflator | -2.43% | 4.60% | 1.02% | 1.02% Trend | 0.36% Trend | -0.31% Trend |
| GDP Growth | -4.56% | -26.56% | - | - | - | - |
| GDP PPP | $30.7B | $23.1B | - | - | - | - |
| GDP per Capita | $3,455 | $2,592 | - | - | - | - |
| GDP per Capita PPP | $5,950 | $4,371 | - | - | - | - |
| GNI | $21.5B | $14.6B | $17.8B | $17.8B Trend | $17.1B Trend | $16.4B Trend |
| GNI per Capita | $4,310 | $2,710 | $3,360 | $3,360 Trend | $3,166 Trend | $2,972 Trend |
| Gross Savings | 13.08% | 1.88% | - | - | - | - |
| Industry Value Added | 15.58% | - | 15.09% | 15.09% Trend | 14.55% Trend | - |
| Services Value Added | 58.53% | - | 56.77% | 56.77% Trend | 56.04% Trend | - |
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
Inflation Rate 53.67%
Consumer Price Index 182.24
PPP Conversion Factor 0.61
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Consumer Price Index | 124.19 | 190.84 | 182.24 | 182.24 Trend | 199.18 Trend | 216.13 Trend |
| Inflation Rate | 5.87% | 53.67% | - | - | - | - |
| PPP Conversion Factor | 0.58 | 0.59 | 0.61 | 0.61 Trend | 0.61 Trend | 0.61 Trend |
Italic values are IMF World Economic Outlook projections.
Population
Population 5.4M
Population Growth 2.33%
Population Density 896.5
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| Birth Rate | 27.1 | - | 25.7 | 25.7 Trend | 25.0 Trend | - | - |
| Death Rate | 7.2 | - | 7.2 | 7.2 Trend | 8.0 Trend | - | - |
| Dependency Ratio | 72.93 | 72.07 | 71.37 | 71.37 Trend | 70.62 Trend | 69.88 Trend | - |
| Fertility Rate | 3.31 | - | 3.17 | 3.17 Trend | 3.10 Trend | - | - |
| Life Expectancy | 65.2 | - | 65.5 | 65.5 Trend | 63.5 Trend | - | - |
| Net Migration | -24,996 | -23,145 | -23,156 | - | -29,648 Trend | -33,620 Trend | -37,591 Trend |
| Population | 5.2M | 5.3M | 5.4M | 5.4M Trend | 5.5M Trend | 5.7M Trend | - |
| Population Density | 857.4 | - | 896.5 | 896.5 Trend | 916.3 Trend | - | - |
| Population Growth | 2.39% | 2.36% | 2.33% | 2.33% Trend | 2.30% Trend | 2.27% Trend | - |
| Refugee Population | - | - | - | - | - | - | - |
| Urban Population | 86.86% | 87.12% | 87.38% | 87.38% Trend | 87.64% Trend | 87.90% Trend | - |
Italic values are IMF World Economic Outlook projections.
Employment
Unemployment Rate 24.42%
Youth Unemployment 36.09%
Labor Force Participation 44.99%
▾
| Indicator | 2020 | 2021 | 2022 | 2025 |
|---|---|---|---|---|
| Agriculture Employment | 6.45% | 6.80% | 6.34% | 6.67% Trend |
| Female Labor Participation | 16.43% | 17.55% | 18.93% | 18.64% Trend |
| Industry Employment | 28.32% | 29.11% | 29.88% | 30.54% Trend |
| Labor Force Participation | 40.94% | 43.37% | 44.99% | 44.49% Trend |
| Services Employment | 65.23% | 64.09% | 63.78% | 62.79% Trend |
| Unemployment Rate | 25.90% | 26.39% | 24.42% | - |
| Youth Unemployment | 42.05% | 41.63% | 36.09% | 35.04% Trend |
Italic values are IMF World Economic Outlook projections.
Government
Government Spending 26.17%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| Budget Deficit | -0.95% | -3.54% | - | - | - |
| Government Debt to GDP | 48.50% | 65.57% | - | - | - |
| Government Revenue | 29.13% | 34.64% | - | - | - |
| Government Spending | - | - | - | - | - |
| Health Spending | 10.73% | - | 11.08% | 11.08% Trend | 11.33% Trend |
| Military Spending | - | - | - | - | - |
| Tax Revenue | - | - | - | - | - |
Italic values are IMF World Economic Outlook projections.
Debt
▾
Money
Lending Rate 5.56%
Deposit Rate 2.24%
Real Interest Rate -3.12%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Credit to GDP | 55.06% | 68.54% | 66.27% | 66.27% Trend | 70.30% Trend | 74.34% Trend |
| Deposit Rate | - | - | - | - | - | - |
| Lending Rate | - | - | - | - | - | - |
| M2 Money Supply Growth | 6.80% | 7.10% | 2.67% | 2.67% Trend | 1.17% Trend | -0.33% Trend |
| Non-Performing Loans | - | - | - | - | - | - |
| Real Interest Rate | - | - | - | - | - | - |
Italic values are IMF World Economic Outlook projections.
Currency
Foreign Reserves $1.5B
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Exchange Rate | - | - | - | - | - | - |
| Foreign Reserves | $1.3B | $1.3B | $1.5B | $1.5B Trend | $1.7B Trend | $1.9B Trend |
| Real Effective Exchange Rate | - | - | - | - | - | - |
| Reserves in Months of Imports | 1.3 | 1.9 | 1.9 | 1.9 Trend | 2.1 Trend | 2.3 Trend |
Italic values are IMF World Economic Outlook projections.
Trade
Exports $3.5B
Imports $10.6B
Trade Balance $-7.0B
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Current Account Balance | -16.22% | -21.14% | - | - | - | - |
| Exports | $3.4B | $2.9B | $3.5B | $3.5B Trend | $3.6B Trend | $3.7B Trend |
| FDI Inflows | 0.58% | 1.18% | 1.16% | 1.16% Trend | 1.16% Trend | 1.15% Trend |
| FDI Outflows | 0.02% | 0.08% | 0.11% | 0.11% Trend | 0.17% Trend | 0.23% Trend |
| Imports | $11.6B | $8.3B | $10.6B | $10.6B Trend | $10.8B Trend | $11.0B Trend |
| Remittances Received | $3.2B | $735.6M | $1.7B | $1.7B Trend | $1.3B Trend | $896.9M Trend |
| Tourism Receipts | - | - | - | - | - | - |
| Trade Balance | $-7.9B | $-5.4B | $-7.0B | $-7.0B Trend | $-7.0B Trend | $-7.1B Trend |
| Trade Openness | 79.53% | 81.31% | 87.07% | 87.07% Trend | 90.52% Trend | 93.97% Trend |
Italic values are IMF World Economic Outlook projections.
Financial Markets
Market Capitalization 30.56%
Stock Turnover Ratio 5.56%
Listed Companies 50
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Interest Rate Spread | - | - | - | - | - | - |
| Listed Companies | 49 | 48 | 50 | 50 Trend | 50 Trend | 51 Trend |
| Market Capitalization | 25.91% | 29.76% | 30.56% | 30.56% Trend | 32.23% Trend | 33.90% Trend |
| Stock Turnover Ratio | 7.13% | 4.02% | 5.56% | 5.56% Trend | 5.02% Trend | 4.49% Trend |
Italic values are IMF World Economic Outlook projections.
Political Stability
Political Stability -1.72
Government Effectiveness -1.31
Regulatory Quality -0.33
▾
| Indicator | 2022 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| Control of Corruption | -0.70 | -0.68 | -0.92 | -0.92 Trend | -1.00 Trend |
| Government Effectiveness | -0.90 | -1.21 | -1.31 | -1.31 Trend | -1.42 Trend |
| Political Stability | -1.70 | -1.87 | -1.72 | -1.72 Trend | -1.68 Trend |
| Regulatory Quality | -0.04 | -0.28 | -0.33 | -0.33 Trend | -0.39 Trend |
| Rule of Law | -0.56 | -0.68 | -0.72 | -0.72 Trend | -0.77 Trend |
| Voice and Accountability | -1.04 | -1.12 | -1.12 | -1.12 Trend | -1.13 Trend |
Italic values are IMF World Economic Outlook projections.
Health
Health Expenditure per Capita $376
Infant Mortality Rate 13.4
Maternal Mortality Ratio 17.20
▾
| Indicator | 2022 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| Health Expenditure per Capita | $351 | $346 | $376 | $376 Trend | $385 Trend |
| Hospital Beds | 1.30 | - | 1.41 | 1.41 Trend | - |
| Infant Mortality Rate | 12.3 | 14.3 | 13.4 | 13.4 Trend | 13.5 Trend |
| Maternal Mortality Ratio | 17.00 | 16.00 | 17.20 | 17.20 Trend | 16.50 Trend |
| Physicians | - | - | - | - | - |
Italic values are IMF World Economic Outlook projections.
Education
Literacy Rate 98.12%
Tertiary Enrollment 44.35%
Education Spending 5.43%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Education Spending | - | - | - | - | - | - |
| Literacy Rate | - | 97.94% | 98.12% | 98.12% Trend | 98.23% Trend | 98.35% Trend |
| Primary Completion Rate | 91.17% | - | 89.55% | 89.55% Trend | 88.32% Trend | - |
| Primary Enrollment | 91.44% | - | 88.55% | 88.55% Trend | 87.40% Trend | - |
| Secondary Enrollment | 89.12% | - | 89.17% | 89.17% Trend | 88.92% Trend | - |
| Tertiary Enrollment | 44.49% | - | 44.35% | 44.35% Trend | 44.17% Trend | - |
| Youth Literacy Rate | - | 99.40% | 99.42% | 99.42% Trend | 99.44% Trend | 99.46% Trend |
Italic values are IMF World Economic Outlook projections.
Energy
Renewable Energy 17.93%
▾
| Indicator | 2022 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| CO2 Emissions | - | - | - | - | - |
| CO2 per Capita | - | - | - | - | - |
| Electricity Access | 100.00% | 100.00% | 100.00% | 100.00% Trend | 100.00% Trend |
| Energy Use per Capita | - | - | - | - | - |
| Forest Area | 1.68% | 1.68% | 1.68% | 1.68% Trend | 1.68% Trend |
| Renewable Energy | 15.40% | - | 17.93% | 17.93% Trend | - |
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 98.69%
Mobile Subscriptions 70.20
R&D Spending 0.45%
▾
| Indicator | 2022 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| High-tech Exports | 1.26% | 1.84% | 2.04% | 2.04% Trend | 2.18% Trend |
| Internet Users | 88.65% | 86.64% | 98.69% | 98.69% Trend | 103.15% Trend |
| Mobile Subscriptions | 76.57 | 76.69 | 70.20 | 70.20 Trend | 67.83 Trend |
| Patent Applications | - | - | - | - | - |
| R&D Spending | - | - | - | - | - |
Italic values are IMF World Economic Outlook projections.
Inequality
Gini Index 35.9
Poverty Rate 2.36%
Income Share Top 10% 26.23%
▾
| Indicator | 2016 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| Gini Index | 33.7 | 36.4 | 35.9 | 35.9 Trend | 36.0 Trend |
| Income Share Bottom 10% | 2.90% | 2.50% | 2.42% | 2.42% Trend | 2.38% Trend |
| Income Share Top 10% | 25.20% | 27.10% | 26.23% | 26.23% Trend | 26.17% Trend |
| Poverty Rate | 1.40% | 2.10% | 2.36% | 2.36% Trend | 2.48% Trend |
Italic values are IMF World Economic Outlook projections.
Data & analysis
Source: IMF World Economic Outlook via DBnomics
The West Bank and Gaza, a lower-middle-income economy in the Middle East and North Africa, lacks available IMF data for GDP growth, inflation, and unemployment, which itself signals a period of profound economic disruption and statistical opacity. This data gap likely reflects the structural instability of the 1990s and early 2000s, an era defined by conflict and political volatility. Despite this, historical global rankings from 1997 highlight a striking anomaly: the territory achieved the world’s #1 Literacy Rate and #1 Youth Literacy Rate, indicating a strong pre-crisis human capital base. The #1 Current Account Balance in 1997 further suggests a period of relative external stability, likely driven by remittances and aid inflows. The absence of contemporary growth figures, however, points to a macro story of arrested development rather than sustained boom or recovery. To shift this trajectory, a durable political settlement enabling consistent data collection, investment, and labor mobility would be essential for translating past educational gains into measurable economic expansion.