Palestine: Trade openness
* indicates monthly or quarterly data series
| Palestine |
Trade openness: exports plus imports as percent of GDP |
|---|---|
| Latest value | 74.76 |
| Year | 2025 |
| Measure | percent |
| Data availability | 1994 - 2025 |
| Average | 77.82 |
| Min - Max | 65.42 - 96.35 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2025 is 74.76 percent, an increase from 74.59 percent in 2024. In comparison, the world average is 90.55 percent, based on data from 135 countries. Historically, the average for Palestine from 1994 to 2025 is 77.82 percent. The minimum value, 65.42 percent, was reached in 2016 while the maximum of 96.35 percent was recorded in 1999.
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* indicates monthly or quarterly data series
| Recent values | Palestine: Trade openness |
|---|---|
| 2025 | 74.76 |
| 2024 | 74.59 |
| 2023 | 76.17 |
| 2022 | 82.39 |
| 2021 | 73.08 |
| 2020 | 67.29 |
| 2019 | 68.99 |
| 2018 | 71.40 |
Definition: Exports plus imports as percent of GDP.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 81.40 | 2024 | percent |
| Trade openness | 74.76 | 2025 | percent |
| Exports, percent of GDP | 21.23 | 2025 | percent |
| Exports, billion dollars | 3.64 | 2025 | billion U.S. dollars |
| Growth of exports | -8.34 | 2025 | percent |
| Imports, percent of GDP | 53.53 | 2025 | percent |
| Imports, billion dollars | 9.19 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 1.92 | 2025 | percent |
| Foreign Direct Investment, billion dollars | 0.16 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | -84.54 | 2024 | million dollars (current) |
| Current account, percent of GDP | -15.82 | 2025 | percent |
| Current account, in dollars | -2.72 | 2025 | billion U.S. dollars |
| Trade balance, percent of GDP | -32.30 | 2025 | percent |
| Trade balance, in dollars | -5.38 | 2024 | billion U.S. dollars |
| Reserves | 1.83 | 2025 | billion U.S. dollars |
| Remittances, percent of GDP | 5.37 | 2024 | percent |
| Remittances | 693.29 | 2025 | million U.S. dollars |
| Net errors and omissions | 461.79 | 2025 | million USD |