Palestine: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 0.77 billion U.S. Dollar as of Q3 2024, an increase compared to the previous value of 0.66 billion U.S. Dollar. Historically, the average for Palestine from Q1 2011 to Q3 2024 is 0.87 billion U.S. Dollar. The minimum of 0.58 billion U.S. Dollar was recorded in Q1 2024, while the maximum of 1.14 billion U.S. Dollar was reached in Q3 2021.
Click on the following link to see the values of: Government expenditure around the world.
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* indicates monthly or quarterly data series
- Measure: billion U.S. Dollar
- Source: Palestine Monetary Authority
| Recent values | Palestine: Government expenditure, billion currency units |
|---|---|
| 2024 Q3 | 0.77 |
| 2024 Q2 | 0.66 |
| 2024 Q1 | 0.58 |
| 2023 Q4 | 0.69 |
| 2023 Q3 | 1.04 |
| 2023 Q2 | 1.02 |
| 2023 Q1 | 0.84 |
| 2022 Q4 | 1.01 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 20.21 | 2023 | percent |
| Government spending, in dollars | 3.53 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 2.70 | 2023 | percent |
| Government debt | 21.70 | 2023 | percent |
| Government expenditure | 0.77 | Q3/2024 | billion |
| Tax revenue | 21.47 | 2021 | percent |
| Commercial tax rate | 15.30 | 2019 | percent |
| Tax preparation time | 174 | 2019 | hours |
| Number of taxes | 28 | 2019 | taxes |
| Taxes on goods and services | 41.17 | 2021 | percent |
| Taxes on international trade | 37.60 | 2021 | percent |
| Income and profits taxes | 4.96 | 2021 | percent |
| Foreign aid | 2,236.19 | 2022 | million U.S. dollars |