Home West Bank and Gaza Government Government Debt to GDP

West Bank and Gaza Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

65.57% +17.07% (+35.2%)
Year 2024 Rank #122 Global Peak 65.57% (2024) Source IMF WEO

West Bank and Gaza Government Debt to GDP (2000–2024)

Overview

West Bank and Gaza's government debt to gdp stood at 65.57% in 2024, a rise of +17.07% from 2023. West Bank and Gaza ranked 122nd globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2024 65.57% +17.07% #122
2023 48.50% +1.38% #78
2022 47.12% −3.06% #72
2021 50.18% +3.10% #74
2020 47.08% +12.61% #65
2019 34.47% +1.32% #42
2018 33.15% +1.36% #42
2017 31.79% +0.76% #40
2016 31.03% −6.04% #42
2015 37.07% +3.12% #68
2014 33.95% +3.72% #70
2013 30.23% +0.43% #66
2012 29.80% +3.52% #67
2011 26.29% +3.57% #54
2010 22.72% −1.25% #42
Show all years (2000-2024)

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 government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is West Bank and Gaza's government debt to gdp?

West Bank and Gaza's government debt to gdp was 65.57% in 2024. Ranked 122nd globally. This represents a 35.2% increase from the previous year.

What was the highest government debt to gdp in West Bank and Gaza?

West Bank and Gaza's government debt to gdp peaked at 65.57% in 2024.

What was the lowest government debt to gdp in West Bank and Gaza?

The lowest government debt to gdp in West Bank and Gaza was 19.25% in 2006.

How does West Bank and Gaza rank in government debt to gdp?

West Bank and Gaza ranks 122nd globally in government debt to gdp as of 2024.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the government debt to gdp of West Bank and Gaza in 2024?

The government debt to gdp of West Bank and Gaza in 2024 was 65.57%. This ranks 122nd in the world.

Cite this page

APA
West Bank and Gaza Government Debt to GDP. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/west-bank-and-gaza/government-debt-to-gdp
BibTeX
@misc{historysaid_west-bank-and-gaza_government-debt-to-gdp, title = {West Bank and Gaza Government Debt to GDP}, url = {https://historysaid.com/west-bank-and-gaza/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }