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West Bank and Gaza GDP per Capita PPP

GDP per capita based on PPP  NY.GDP.PCAP.PP.CD

West Bank and Gaza's gdp per capita ppp was $4,371 in 2024, ranked 167th globally. This represents a 22.1% decrease from 2023. Data from World Bank, covering 1994–2024.

$4,371 −$1,239 (-22.1%)
Year 2024 Rank #167 Global Peak $6,508 (2019) Source World Bank

West Bank and Gaza GDP per Capita PPP (1994–2024)

Overview

West Bank and Gaza's gdp per capita ppp stood at $4,371 in 2024, a decline of +$1,239 from 2023. West Bank and Gaza ranked 167th globally.

West Bank and Gaza’s GDP per capita at purchasing power parity reached US$4,371.11 in 2024, placing the territory 167th in the World Bank’s global ranking. The figure has risen markedly from the earliest recorded level of US$2,201.11 in 1994, yet it remains well below the all‑time peak of US$6,508.45 attained in 2019, a year that benefited from a post‑conflict economic surge and heightened foreign aid. The lowest point occurred in 2002, when GDP per capita fell to US$2,178.86 amid intensified political instability and restrictions on movement. Compared with peers of similar rank, West Bank and Gaza’s output trails Timor‑Leste’s US$4,422.78 and Benin’s US$4,434.56, suggesting that structural constraints continue to limit growth. Continued improvement will likely depend on sustained political stability, expanded access to external markets, and increased investment in human capital, which could help close the gap with neighboring economies.

Data & projection

Year GDP per Capita PPP YoY change Rank
2024 $4,371 −$1,239 #167
2023 $5,950 +$146 #160
2022 $6,163 +$830 #156
2021 $5,663 +$55 #158
2020 $5,956 −$171 #150
2019 $6,508 +$657 #144
2018 $6,216 +$469 #145
2017 $6,107 +$418 #147
2016 $6,062 +$770 #143
2015 $5,770 +$599 #142
2014 $5,382 +$171 #145
2013 $5,288 +$277 #143
2012 $5,215 +$464 #143
2011 $4,495 +$141 #144
2010 $4,121 −$51 #146
Show all years (1994-2024)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +43.6% GDP growth 7.4% C/A balance 5.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

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 per capita ppp improve within 24 months. View full analysis →

Frequently Asked Questions

What is West Bank and Gaza's gdp per capita ppp?▾

West Bank and Gaza's gdp per capita ppp was $4,371 in 2024. Ranked 167th globally. This represents a 22.1% decrease from the previous year.

What was the highest gdp per capita ppp in West Bank and Gaza?▾

West Bank and Gaza's gdp per capita ppp peaked at $6,508 in 2019.

What was the lowest gdp per capita ppp in West Bank and Gaza?▾

The lowest gdp per capita ppp in West Bank and Gaza was $2,179 in 2002.

How does West Bank and Gaza rank in gdp per capita ppp?▾

West Bank and Gaza ranks 167th globally in gdp per capita ppp as of 2024.

What is the World Bank indicator code for gdp per capita ppp?▾

The World Bank indicator code is NY.GDP.PCAP.PP.CD. Data sourced from World Bank.

What is the gdp per capita ppp of West Bank and Gaza in 2024?▾

The gdp per capita ppp of West Bank and Gaza in 2024 was $4,371. This ranks 167th in the world.

Cite this page

APA
West Bank and Gaza GDP per Capita PPP. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/west-bank-and-gaza/gdp-per-capita-ppp/
BibTeX
@misc{historysaid_west-bank-and-gaza_gdp-per-capita-ppp, title = {West Bank and Gaza GDP per Capita PPP}, url = {https://historysaid.com/west-bank-and-gaza/gdp-per-capita-ppp/}, publisher = {HistorySaid}, year = {2026} }
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