West Bank and Gaza: GNI, PPP (constant 2021 international $)

Key figures

What the numbers say

In 2025, West Bank and Gaza's GNI, PPP (constant 2021 international $) rose 5.1% on 2024 (from 23.83 billion to 25.04 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +3.1% and a typical year strayed about 10.7% from that (the standard deviation). This year's change was 0.2 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 19.8% in 2004 and the biggest yearly fall was 30.1% 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 29% 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 90th highest value of the 100 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 2025 ranking

• Somalia, Fed. Rep. — 87th of 100: 27.87 billion
• Sierra Leone — 88th of 100: 26.66 billion
• Kosovo — 89th of 100: 26 billion
• Montenegro — 91st of 100: 19.08 billion
• Djibouti — 92nd of 100: 9.2 billion
• Gambia, The — 93rd of 100: 8.27 billion

What this measures

This indicator provides values for gross national income (GNI) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 32 values

GNI, PPP (constant 2021 international $) in nearby economies

• Algeria — 754.58 billion (2025)
• Bahrain — 100.9 billion (2024)
• Djibouti — 9.2 billion (2025)
• Egypt, Arab Rep. — 1.88 trillion (2025)
• Iran, Islamic Rep. — 1.47 trillion (2024)
• Iraq — 551.26 billion (2024)
• Israel — 480.51 billion (2025)
• Kuwait — 274.77 billion (2024)
• Lebanon — 59.99 billion (2024)
• Libya — 94.49 billion (2025)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
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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 GNI, PPP (constant 2021 international $)?

25.04 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1994?

It is up 123.81% from 11.19 billion in 1994 (2.63% a year on average, compounded). The highest value was 35.63 billion in 2022 and the lowest 11.19 billion in 1994.

How does West Bank and Gaza rank?

90th highest of 100 economies with data for 2025.

Is the latest change in GNI, PPP (constant 2021 international $) unusual for West Bank and Gaza?

Source

World Bank, World Development Indicators, indicator NY.GNP.MKTP.PP.KD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… 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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