West Bank and Gaza: Export volume index (2015 = 100)

Key figures

What the numbers say

In 2024, West Bank and Gaza's export volume index (2015 = 100) fell 2.5 on 2023 (from 124 to 121.5).

Across the 18 yearly changes before that (2006 to 2023), the average change was +2.97 and a typical year strayed about 8.39 from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 17.3 in 2021 and the biggest yearly fall was 19 in 2007. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 3.01 a year. A straight line explains 74% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, West Bank and Gaza had the 80th highest value of the 203 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to West Bank and Gaza in the 2024 ranking

• Bulgaria — 77th of 203: 123.1
• Tanzania — 78th of 203: 122.2
• Madagascar — 79th of 203: 121.6
• Brunei Darussalam — 81st of 203: 121.3
• Argentina — 82nd of 203: 121.1
• Thailand — 83rd of 203: 119.6

What this measures

Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights.

All 20 values

Export volume index (2015 = 100) in nearby economies

• Afghanistan — 64.3 (2024)
• Algeria — 86.8 (2024)
• Bahrain — 108.3 (2024)
• Djibouti — 3,329 (2024)
• Egypt, Arab Rep. — 145.8 (2024)
• Iran, Islamic Rep. — 118.8 (2024)
• Iraq — 129 (2024)
• Israel — 89.2 (2024)
• Jordan — 179.4 (2024)
• Kuwait — 93.5 (2024)
• Lebanon — 72.5 (2024)
• Libya

More trade data for West Bank and Gaza

• Import volume index (2015 = 100) — 82 (2024)
• Import value index (2015 = 100) — 129.9 (2024)
• Net barter terms of trade index (2015 = 100) — 81.4 (2024)
• Export value index (2015 = 100) — 156.9 (2024)

Every indicator for West Bank and Gaza is on the West Bank and Gaza data page.

Reading data like this

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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is West Bank and Gaza's export volume index (2015 = 100)?

121.5 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 72.1% from 70.6 in 2005 (2.9% a year on average, compounded). The highest value was 126.8 in 2022 and the lowest 55.4 in 2007.

How does West Bank and Gaza rank?

80th highest of 203 economies with data for 2024.

Is the latest change in export volume index (2015 = 100) unusual for West Bank and Gaza?

In 2024, West Bank and Gaza's export volume index (2015 = 100) fell 2.5 on 2023 (from 124 to 121.5). Across the 18 yearly changes before that (2006 to 2023), the average change was +2.97 and a typical year strayed about 8.39 from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.QTY.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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