West Bank and Gaza Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
West Bank and Gaza's budget deficit stood at -3.54% in 2024, a decline of +2.59% from 2023. West Bank and Gaza ranked 75th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2024 | -3.54% | −2.59% | #75 |
| 2023 | -0.95% | −0.03% | #135 |
| 2022 | -0.92% | +4.29% | #130 |
| 2021 | -5.21% | +2.17% | #72 |
| 2020 | -7.37% | −2.89% | #74 |
| 2019 | -4.48% | −2.02% | #41 |
| 2018 | -2.46% | +0.32% | #75 |
| 2017 | -2.78% | −0.70% | #79 |
| 2016 | -2.08% | +2.58% | #108 |
| 2015 | -4.66% | −2.11% | #54 |
| 2014 | -2.55% | −1.02% | #105 |
| 2013 | -1.53% | +4.74% | #116 |
| 2012 | -6.27% | −0.01% | #27 |
| 2011 | -6.26% | −4.07% | #24 |
| 2010 | -2.19% | +5.48% | #111 |
Detected Pattern
Analysis
West Bank and Gaza matched the Export Boom Cycle pattern in 2008. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
West Bank and Gaza's budget deficit was -3.54% in 2024. Ranked 75th globally. This represents a 271.5% decrease from the previous year.
West Bank and Gaza's budget deficit peaked at -0.92% in 2022.
The lowest budget deficit in West Bank and Gaza was -7.68% in 2009.
West Bank and Gaza ranks 75th globally in budget deficit as of 2024.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
The budget deficit of West Bank and Gaza in 2024 was -3.54%. This ranks 75th in the world.
Cite this page
@misc{historysaid_west-bank-and-gaza_budget-deficit,
title = {West Bank and Gaza Budget Deficit},
url = {https://historysaid.com/west-bank-and-gaza/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}