West Bank and Gaza PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
West Bank and Gaza's ppp conversion factor was 0.61 in 2025, ranked 172nd globally. This represents a 2.2% increase from 2024. Data from World Bank, covering 1994–2025.
Overview
West Bank and Gaza's ppp conversion factor stood at 0.61 in 2025, a rise of +0.01 from 2024. Based on recent trends, this figure is projected to reach 0.61 by 2025. West Bank and Gaza ranked 172nd globally.
The West Bank and Gaza’s purchasing‑power‑parity (PPP) conversion factor rose from 0.57 in 1994 to a peak of 0.67 in 2011, fell to a trough of 0.48 in 2005, and settled at 0.61 in 2025, ranking 172nd globally. This trajectory reflects the territory’s volatile economic environment, where periods of heightened foreign aid and limited fiscal autonomy boosted relative price levels, while political instability and restricted market access depressed them. The 2011 peak aligns with a brief expansion of external assistance, whereas the 2005 low coincides with intensified movement restrictions that curtailed trade and raised import prices. By comparison, the United Kingdom’s conversion factor of 0.66 and Estonia’s 0.60 illustrate the gap between the Palestinian territories and more stable economies. Continued improvements in governance, investment climate, and cross‑border connectivity could lift the PPP conversion factor further, while renewed conflict would likely reverse the modest upward trend.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.61 | - | - |
| 2026* trend | 0.61 | - | - |
| 2025* trend | 0.61 | - | - |
| 2025 | 0.61 | +0.01 | #172 |
| 2024 | 0.59 | +0.01 | #25 |
| 2023 | 0.58 | −0.04 | #25 |
| 2022 | 0.62 | −0.03 | #27 |
| 2021 | 0.65 | +0.11 | #28 |
| 2020 | 0.54 | −0.02 | #23 |
| 2019 | 0.56 | −0.01 | #22 |
| 2018 | 0.57 | −0.02 | #22 |
| 2017 | 0.59 | +0.01 | #23 |
| 2016 | 0.58 | +0.01 | #22 |
| 2015 | 0.57 | −0.06 | #20 |
| 2014 | 0.62 | −0.03 | #24 |
| 2013 | 0.66 | +0.04 | #24 |
| 2012 | 0.62 | −0.06 | #23 |
| 2011 | 0.67 | +0.02 | #26 |
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 ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
West Bank and Gaza's ppp conversion factor was 0.61 in 2025. Ranked 172nd globally. This represents a 2.2% increase from the previous year.
West Bank and Gaza's ppp conversion factor peaked at 0.67 in 2011.
The lowest ppp conversion factor in West Bank and Gaza was 0.48 in 2005.
West Bank and Gaza ranks 172nd globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
West Bank and Gaza's ppp conversion factor is projected to reach 0.61 by 2025 based on trend extrapolation.
The ppp conversion factor of West Bank and Gaza in 2025 was 0.61. This ranks 172nd in the world.
Cite this page
@misc{historysaid_west-bank-and-gaza_ppp-conversion-factor,
title = {West Bank and Gaza PPP Conversion Factor},
url = {https://historysaid.com/west-bank-and-gaza/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}