West Bank and Gaza GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
West Bank and Gaza's gdp deflator was 1.02% in 2025, ranked 190th globally. This represents a 77.9% decrease from 2024. Data from World Bank, covering 1995–2025.
Overview
West Bank and Gaza's gdp deflator stood at 1.02% in 2025, a decline of +3.58pp from 2024. Based on recent trends, this figure is projected to reach 1.02% by 2025. West Bank and Gaza ranked 190th globally.
The West Bank and Gaza’s GDP deflator has drifted sharply over the 31‑year series, falling from a high of 17.01% in 2008 to a low of –5.37% in 1998 before stabilising at 1.02% in 2025, a level that ranks 190th globally. The early 2000s surge reflected strong price pressures amid heightened economic activity, while the late‑1990s contraction coincided with the downturn following the Oslo accords and reduced external inflows. Compared with peers of similar rank, the territory’s 2025 deflator is slightly above the Northern Mariana Islands (0.88%) and below Grenada (1.40%), suggesting modest inflation relative to comparable economies. The long‑run moderation from the 2008 peak indicates that price growth has been contained, yet the narrow margin above zero leaves the economy vulnerable to external shocks. Continued fiscal consolidation and improved trade linkages could keep the deflator near its current level, whereas a resurgence of conflict or supply disruptions would likely push it upward.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -0.31% | - | - |
| 2026* trend | 0.36% | - | - |
| 2025* trend | 1.02% | - | - |
| 2025 | 1.02% | −3.58pp | #190 |
| 2024 | 4.60% | +7.03pp | #119 |
| 2023 | -2.43% | −4.11pp | #21 |
| 2022 | 1.68% | −7.27pp | #15 |
| 2021 | 8.95% | +6.73pp | #153 |
| 2020 | 2.22% | −1.63pp | #113 |
| 2019 | 3.85% | +4.15pp | #152 |
| 2018 | -0.30% | −3.53pp | #12 |
| 2017 | 3.23% | +1.95pp | #111 |
| 2016 | 1.28% | +4.99pp | #78 |
| 2015 | -3.71% | −7.38pp | #23 |
| 2014 | 3.67% | −2.07pp | #138 |
| 2013 | 5.74% | +2.87pp | #163 |
| 2012 | 2.87% | −2.55pp | #81 |
| 2011 | 5.42% | −7.78pp | #105 |
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 gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
West Bank and Gaza's gdp deflator was 1.02% in 2025. Ranked 190th globally. This represents a 77.9% decrease from the previous year.
West Bank and Gaza's gdp deflator peaked at 17.01% in 2008.
The lowest gdp deflator in West Bank and Gaza was -5.37% in 1998.
West Bank and Gaza ranks 190th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
West Bank and Gaza's gdp deflator is projected to reach 1.02% by 2025 based on trend extrapolation.
The gdp deflator of West Bank and Gaza in 2025 was 1.02%. This ranks 190th in the world.
Cite this page
@misc{historysaid_west-bank-and-gaza_gdp-deflator,
title = {West Bank and Gaza GDP Deflator},
url = {https://historysaid.com/west-bank-and-gaza/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}