West Bank and Gaza's gross Value Added (GVA) at basic prices (constant 2015 US$) was US$10.16 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 14.96% from US$11.95 billion in 2015 (1.61% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$10.16 billion | 2025 |
| Five years earlier | US$11.88 billion | 2020 |
| Ten years earlier | US$11.95 billion | 2015 |
| Highest | US$13.49 billion | 2019 |
| Lowest | US$4.84 billion | 1996 |
| Average since 2016 | US$12.25 billion | 2016–2025 |
| First recorded | US$5.02 billion |
What the numbers say
In 2025, West Bank and Gaza's gross Value Added (GVA) at basic prices (constant 2015 US$) rose 5% on 2024 (from US$9.68 billion to US$10.16 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +2.6% and a typical year strayed about 8.8% from that (the standard deviation). This year's change was 0.3 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 19.7% in 2004 and the biggest yearly fall was 21.8% 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 the straight-line trend is downward, about US$337.72 million a year. A straight line explains 60% 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 2025, West Bank and Gaza had the 127th highest value of the 161 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$10.16 billion | 2025 |
| World | US$84.85 trillion | 2024 |
| Lower middle income | US$6.85 trillion | 2025 |
Closest to West Bank and Gaza in the 2025 ranking
- Malawi — 124th of 161: US$11.42 billion
- Namibia — 125th of 161: US$11.3 billion
- North Macedonia — 126th of 161: US$10.78 billion
- Congo, Rep. — 128th of 161: US$10.12 billion
- Sierra Leone — 129th of 161: US$9.97 billion
- Kyrgyz Republic — 130th of 161: US$9.64 billion
What this measures
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 32 values
| Year | Gross Value Added (GVA) at basic prices (constant 2015 US$) |
|---|---|
| 2025 | 10,161,400,000 |
| 2024 | 9,680,600,000 |
| 2023 | 12,385,600,000 |
| 2022 | 12,798,500,000 |
| 2021 | 12,618,700,000 |
| 2020 | 11,879,600,000 |
| 2019 | 13,494,000,000 |
| 2018 | 13,317,500,000 |
| 2017 | 13,072,800,000 |
| 2016 | 13,047,100,000 |
Gross Value Added (GVA) at basic prices (constant 2015 US$) in nearby economies
- Afghanistan — US$15.16 billion (2024)
- Algeria — US$220.37 billion (2025)
- Bahrain — US$40.59 billion (2025)
- Djibouti — US$3.86 billion (2025)
- Egypt, Arab Rep. — US$480.35 billion (2025)
- Iran, Islamic Rep. — US$502.83 billion (2025)
- Iraq — US$188.32 billion (2025)
- Israel — US$374.02 billion (2024)
- Jordan — US$47.88 billion (2025)
More economic policy & debt data for West Bank and Gaza
- Adjusted savings, education expenditure (% of GNI) — 4.08% (2021)
- Adjusted savings, mineral depletion (current US$) — 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
Questions people ask
- What is West Bank and Gaza's gross Value Added (GVA) at basic prices (constant 2015 US$)?
- US$10.16 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1994?
- It is up 102.45% from US$5.02 billion in 1994 (2.3% a year on average, compounded). The highest value was US$13.49 billion in 2019 and the lowest US$4.84 billion in 1996.
- How does West Bank and Gaza rank?
- 127th highest of 161 economies with data for 2025.
- Is the latest change in gross Value Added (GVA) at basic prices (constant 2015 US$) unusual for West Bank and Gaza?
Source
World Bank, World Development Indicators, indicator NY.GDP.FCST.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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