Palestine: Economic growth, quarterly

* indicates monthly or quarterly data series
The latest data from Q2 2024 show economic growth of -32.32 percent, which is an increase from the rate of growth of -34.9 percent in the previous quarter and a decrease compared to the growth rate of 2.76 percent in the same quarter last year. The economic growth time series for Palestine cover the period from Q1 2001 to Q2 2024. During that time span, the average growth rate for Palestine was 1.29 percent. The lowest rate of growth of -34.9 percent was recorded in Q1 2024 while the highest growth rate was 24.22 percent in Q4 2002. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series

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Recent values Palestine: Economic growth, percent change in quarterly real GDP
2024  Q2 -32.32
2024  Q1 -34.9
2023  Q4 -29.11
2023  Q3 2.6
2023  Q2 2.76
2023  Q1 3.09
2022  Q4 2.36
2022  Q3 4.73


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Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.

 Related indicators Latest Reference Measure
 Economic growth -5.51 2023 percent
 GDP, constant dollars 14.8 2023 billion U.S. dollars
 GDP, current U.S. dollars 17.40 2023 billion U.S. dollars
 GDP per capita, current dollars 3,367.61 2023 U.S. dollars
 GDP per capita, PPP 5,308 2023 U.S. dollars
 GDP per capita, constant dollars 2,859.92 2023 U.S. dollars
 Economic growth, quarterly -32.32 Q2/2024 percent
 Gross Domestic Product (GDP) 3.11 Q2/2024 billion
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