West Bank and Gaza's final consumption expenditure (current US$) was US$18.48 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 16.66% from US$15.84 billion in 2015 (1.55% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$18.48 billion | 2025 |
| Five years earlier | US$17.42 billion | 2020 |
| Ten years earlier | US$15.84 billion | 2015 |
| Highest | US$23.06 billion | 2022 |
| Lowest | US$3.32 billion | 1994 |
| Average since 2016 | US$19 billion | 2016–2025 |
| First recorded | US$3.32 billion |
What the numbers say
In 2025, West Bank and Gaza's final consumption expenditure (current US$) rose 7.4% on 2024 (from US$17.21 billion to US$18.48 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +6.1% and a typical year strayed about 9.3% from that (the standard deviation). This year's change was 0.1 standard deviations above 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 21% in 2004 and the biggest yearly fall was 20.6% in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 14% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, West Bank and Gaza had the 101st highest value of the 132 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.
| Value | Year | |
|---|---|---|
| West Bank and Gaza | US$18.48 billion | 2025 |
| World | US$81.66 trillion | 2024 |
| Lower middle income | US$5.92 trillion | 2025 |
Closest to West Bank and Gaza in the 2025 ranking
- Moldova — 98th of 132: US$21.36 billion
- Mozambique — 99th of 132: US$20.13 billion
- Nicaragua — 100th of 132: US$19.46 billion
- Somalia, Fed. Rep. — 102nd of 132: US$18.38 billion
- Niger — 103rd of 132: US$17.4 billion
- Malta — 104th of 132: US$17.24 billion
What this measures
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 32 values
| Year | Final consumption expenditure (current US$) |
|---|---|
| 2025 | 18,481,800,000 |
| 2024 | 17,209,300,000 |
| 2023 | 21,674,700,000 |
| 2022 | 23,063,500,000 |
| 2021 | 20,338,100,000 |
| 2020 | 17,418,400,000 |
| 2019 | 18,967,700,000 |
| 2018 | 18,047,500,000 |
| 2017 | 17,648,500,000 |
| 2016 | 17,159,300,000 |
Final consumption expenditure (current US$) in nearby economies
- Afghanistan — US$24.06 billion (2024)
- Algeria — US$172.34 billion (2025)
- Bahrain — US$25.46 billion (2024)
- Djibouti — US$3.87 billion (2025)
- Egypt, Arab Rep. — US$360.88 billion (2025)
- Iran, Islamic Rep. — US$242.86 billion (2025)
- Iraq — US$191.81 billion (2024)
- Israel — US$449.08 billion (2025)
- Kuwait — US$108.41 billion (2024)
- Lebanon — US$34.84 billion (2024)
More economic policy & debt data for West Bank and Gaza
- Adjusted savings, education expenditure (% of GNI) — 4.08% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Medium and high-tech manufacturing value added (% manufacturing value added) — 7.21% (2024)
- Primary income payments (BoP, current US$) — US$101.69 million (2025)
- Net primary income (current US$, BoP) — US$1.08 billion (2025)
- General government final consumption expenditure (current US$) — US$2.93 billion (2025)
- General government final consumption expenditure (current LCU) — 2.93 billion (2025)
- General government final consumption expenditure (constant 2015 US$)
Reading data like this
Questions people ask
- What is West Bank and Gaza's final consumption expenditure (current US$)?
- US$18.48 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1994?
- It is up 456.85% from US$3.32 billion in 1994 (5.7% a year on average, compounded). The highest value was US$23.06 billion in 2022 and the lowest US$3.32 billion in 1994.
- How does West Bank and Gaza rank?
- 101st highest of 132 economies with data for 2025.
- Is the latest change in final consumption expenditure (current US$) unusual for West Bank and Gaza?
- In 2025, West Bank and Gaza's final consumption expenditure (current US$) rose 7.4% on 2024 (from US$17.21 billion to US$18.48 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +6.1% and a typical year strayed about 9.3% from that (the standard deviation). This year's change was 0.1 standard deviations above 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 NE.CON.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) 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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