West Bank and Gaza Industry Value Added

West Bank and Gaza’s industry value added fell from its 1994 peak of 33.15 to 15.09 in 2025, placing the economy at rank 160 globally and marking the all‑time trough after 31 years of measurement. The decline represents a contraction of more than 55 percent relative to the early post‑Oslo period, a trajectory that mirrors the volatility seen in other low‑rank economies such as Afghanistan (14.91) and Gambia (15.27). Structural constraints, limited access to external markets and recurring political disruptions have eroded manufacturing output and reduced investment in processing activities, while the services sector has absorbed a larger share of employment. Although the recent figure remains slightly above Afghanistan’s 2025 level, the persistent downward trend suggests that without substantial improvements in infrastructure, trade facilitation and institutional stability, the industry’s share of GDP is likely to remain depressed, limiting prospects for a reversal in the near term.