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West Bank and Gaza GDP per Capita

GDP divided by midyear population  NY.GDP.PCAP.CD

West Bank and Gaza's gdp per capita was $2,592 in 2024, ranked 155th globally. This represents a 20.4% decrease from 2023. Data from World Bank, covering 1994–2024.

$2,592 −$663 (-20.4%)
Year 2024 Rank #155 Global Peak $3,800 (2022) Source World Bank

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

Overview

West Bank and Gaza's gdp per capita stood at $2,592 in 2024, a decline of +$663 from 2023. West Bank and Gaza ranked 155th globally.

West Bank and Gaza’s GDP per capita has risen from 1,201.58 in 1994 to 2,592.31 in 2024, placing the economy at rank 155 globally. The indicator peaked in 2022 at 3,799.96 before retreating to the current level, while the lowest point occurred in 2002 at 1,156.22, reflecting the combined impact of political instability, restricted movement and fluctuating external aid. Over the 31‑year span, growth has been uneven, with a sharp post‑2002 recovery that accelerated after 2010, yet the recent decline from the 2022 high suggests vulnerability to shocks such as conflict‑related disruptions and funding volatility. Compared with peers, the territory’s 2024 figure is marginally lower than Bangladesh’s 2,593.42 and higher than Zimbabwe’s 2,497.20, underscoring a modest comparative performance within the lower‑middle income bracket. Continued improvement will depend on sustained investment in infrastructure and a stable security environment that can support a more resilient economic trajectory.

Data & projection

Year GDP per Capita YoY change Rank
2024 $2,592 −$663 #155
2023 $3,455 −$124 #147
2022 $3,800 +$336 #144
2021 $3,679 +$634 #149
2020 $3,234 −$209 #149
2019 $3,657 +$304 #145
2018 $3,562 +$155 #146
2017 $3,620 +$295 #143
2016 $3,528 +$443 #140
2015 $3,272 +$114 #145
2014 $3,352 +$229 #147
2013 $3,315 +$427 #148
2012 $3,067 +$356 #147
2011 $2,881 +$475 #151
2010 $2,557 +$496 #150
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 improve within 24 months. View full analysis →

Frequently Asked Questions

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

West Bank and Gaza's gdp per capita was $2,592 in 2024. Ranked 155th globally. This represents a 20.4% decrease from the previous year.

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

West Bank and Gaza's gdp per capita peaked at $3,800 in 2022.

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

The lowest gdp per capita in West Bank and Gaza was $1,156 in 2002.

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

West Bank and Gaza ranks 155th globally in gdp per capita as of 2024.

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

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

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

The gdp per capita of West Bank and Gaza in 2024 was $2,592. This ranks 155th in the world.

Cite this page

APA
West Bank and Gaza GDP per Capita. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/west-bank-and-gaza/gdp-per-capita/
BibTeX
@misc{historysaid_west-bank-and-gaza_gdp-per-capita, title = {West Bank and Gaza GDP per Capita}, url = {https://historysaid.com/west-bank-and-gaza/gdp-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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