West Bank and Gaza's import volume index (2015 = 100) was 82 in 2024, the latest year in the World Bank's World Development Indicators. That is down 10.38% from 91.5 in 2014 (1.09% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 82 | 2024 |
| Five years earlier | 118.6 | 2019 |
| Ten years earlier | 91.5 | 2014 |
| Highest | 118.6 | 2019 |
| Lowest | 52.6 | 2008 |
| Average since 2015 | 104.48 | 2015–2024 |
| First recorded | 69.7 | 2005 |
What the numbers say
In 2024, West Bank and Gaza's import volume index (2015 = 100) fell 15.2 on 2023 (from 97.2 to 82).
Across the 18 yearly changes before that (2006 to 2023), the average change was +1.53 and a typical year strayed about 6.8 from that (the standard deviation). This year's change was 2.5 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 15.7 in 2009 and the biggest yearly fall was 15.2 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 2015 to 2024 there is no clear straight-line trend: a straight line explains 28% 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 2024, West Bank and Gaza had the 172nd 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.
| Value | Year | |
|---|---|---|
| West Bank and Gaza | 82 | 2024 |
| World | 117.2 | 2024 |
Closest to West Bank and Gaza in the 2024 ranking
- Namibia — 169th of 203: 84.5
- Niger — 170th of 203: 84
- Mozambique — 171st of 203: 82.9
- France — 173rd of 203: 81.9
- Botswana — 174th of 203: 81.8
- Syrian Arab Republic — 175th of 203: 79.3
What this measures
Import volume indexes are derived from UNCTAD's volume index series and are the ratio of the import 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
| Year | Import volume index (2015 = 100) |
|---|---|
| 2024 | 82 |
| 2023 | 97.2 |
| 2022 | 99.7 |
| 2021 | 105.5 |
| 2020 | 113.3 |
| 2019 | 118.6 |
| 2018 | 112.6 |
| 2017 | 109.5 |
| 2016 | 106.4 |
| 2015 | 100 |
| 2014 |
Import volume index (2015 = 100) in nearby economies
- Afghanistan — 42.8 (2024)
- Algeria — 74.6 (2024)
- Bahrain — 114 (2024)
- Djibouti — 493.8 (2024)
- Egypt, Arab Rep. — 111.3 (2024)
- Iran, Islamic Rep. — 125.6 (2024)
- Iraq — 150.3 (2024)
- Israel — 126.3 (2024)
- Jordan — 129.8 (2024)
- Kuwait — 97.9 (2024)
- Lebanon — 66.7 (2024)
- Libya
More trade data for West Bank and Gaza
- Import value index (2015 = 100) — 129.9 (2024)
- Net barter terms of trade index (2015 = 100) — 81.4 (2024)
- Export volume index (2015 = 100) — 121.5 (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
Questions people ask
- What is West Bank and Gaza's import volume index (2015 = 100)?
- 82 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 17.65% from 69.7 in 2005 (0.86% a year on average, compounded). The highest value was 118.6 in 2019 and the lowest 52.6 in 2008.
- How does West Bank and Gaza rank?
- 172nd highest of 203 economies with data for 2024.
- Is the latest change in import volume index (2015 = 100) unusual for West Bank and Gaza?
- In 2024, West Bank and Gaza's import volume index (2015 = 100) fell 15.2 on 2023 (from 97.2 to 82). Across the 18 yearly changes before that (2006 to 2023), the average change was +1.53 and a typical year strayed about 6.8 from that (the standard deviation). This year's change was 2.5 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator TM.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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