West Bank and Gaza Remittances Received
Personal remittances received BX.TRF.PWKR.CD.DT
West Bank and Gaza's remittances received was $1.7B in 2025, ranked 77th globally. This represents a 135.1% increase from 2024. Data from World Bank, covering 1995–2025.
Overview
West Bank and Gaza's remittances received stood at $1.7B in 2025, a rise of +$994.2M from 2024. Based on recent trends, this figure is projected to reach $1.7B by 2025. West Bank and Gaza ranked 77th globally.
Remittances received by the West Bank and Gaza rose from 582,100,000.00 in 1995 to a record 4,595,305,698.97 in 2022, illustrating the growing reliance of the territories on diaspora inflows. After a sharp dip to a trough of 310,077,968.43 in 2003, the flow rebounded strongly, reaching 1,729,760,671.95 in 2025, which placed the economy at rank 77 globally and close to peer levels such as Qatar’s 1,732,829,670.33 and Malaysia’s 1,734,078,353.65. The 31‑year coverage shows a long‑term upward trajectory despite the early‑2000s contraction, reflecting both demographic expansion of the Palestinian labor force abroad and heightened demand for foreign currency in the local economy. Continued improvement in regional stability and the expansion of formal banking channels are likely to sustain the upward trend, while any escalation of political tensions could reverse the gains.
Data & projection
| Year | Remittances Received | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $896.9M | - | - |
| 2026* trend | $1.3B | - | - |
| 2025* trend | $1.7B | - | - |
| 2025 | $1.7B | +$994.2M | #77 |
| 2024 | $735.6M | −$2.5B | #83 |
| 2023 | $3.2B | −$1.4B | #129 |
| 2022 | $4.6B | +$834.8M | #148 |
| 2021 | $3.8B | +$1.2B | #142 |
| 2020 | $2.6B | −$593.2M | #130 |
| 2019 | $3.2B | +$318.9M | #138 |
| 2018 | $2.8B | +$455.0M | #134 |
| 2017 | $2.4B | +$292.3M | #130 |
| 2016 | $2.1B | +$269.2M | #129 |
| 2015 | $1.8B | +$12.9M | #124 |
| 2014 | $1.8B | +$315.2M | #115 |
| 2013 | $1.5B | −$247.7M | #110 |
| 2012 | $1.7B | +$595.3M | #120 |
| 2011 | $1.1B | +$214.6M | #106 |
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 remittances received improve within 24 months. View full analysis →
Frequently Asked Questions
West Bank and Gaza's remittances received was $1.7B in 2025. Ranked 77th globally. This represents a 135.1% increase from the previous year.
West Bank and Gaza's remittances received peaked at $4.6B in 2022.
The lowest remittances received in West Bank and Gaza was $310.1M in 2003.
West Bank and Gaza ranks 77th globally in remittances received as of 2025.
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
West Bank and Gaza's remittances received is projected to reach $1.7B by 2025 based on trend extrapolation.
West Bank and Gaza's remittances received was approximately 1.73 billion ($1.7B) in 2025.
The remittances received of West Bank and Gaza in 2025 was $1.7B. This ranks 77th in the world.
Cite this page
@misc{historysaid_west-bank-and-gaza_remittances,
title = {West Bank and Gaza Remittances Received},
url = {https://historysaid.com/west-bank-and-gaza/remittances/},
publisher = {HistorySaid},
year = {2026}
}