West Bank and Gaza: Industry, including construction, value added (% of GDP)

Key figures

What the numbers say

In 2024, West Bank and Gaza's industry, including construction, value added (% of GDP) fell 0.42 percentage points on 2023 (from 16.67% to 16.25%).

Across the 29 yearly changes before that (1995 to 2023), the average change was −0.57 percentage points and a typical year strayed about 1.94 percentage points 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 3.12 percentage points in 2003 and the biggest yearly fall was 3.95 percentage points in 2002. 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 13% 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 14th highest value of the 31 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

• Faroe Islands — 11th of 31: 18.3%
• Tonga — 12th of 31: 17.67%
• Israel — 13th of 31: 17.23%
• Belize — 15th of 31: 14.57%
• Afghanistan — 16th of 31: 14.52%
• Marshall Islands — 17th of 31: 13.41%

What this measures

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Limitations: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 31 values

Industry, including construction, value added (% of GDP) in nearby economies

• Afghanistan — 14.52% (2024)
• Algeria — 34.8% (2025)
• Bahrain — 41.21% (2025)
• Djibouti — 16.58% (2025)
• Egypt, Arab Rep. — 32.06% (2025)
• Iran, Islamic Rep. — 39.64% (2025)
• Iraq — 45.39% (2025)
• Israel — 17.23% (2024)
• Jordan — 27.37% (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 industry, including construction, value added (% of GDP)?

16.25% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1994?

It is down 16.9 percentage points from 33.15% in 1994. The highest value was 33.15% in 1994 and the lowest 16.25% in 2024.

How does West Bank and Gaza rank?

14th highest of 31 economies with data for 2024.

Is the latest change in industry, including construction, value added (% of GDP) unusual for West Bank and Gaza?

In 2024, West Bank and Gaza's industry, including construction, value added (% of GDP) fell 0.42 percentage points on 2023 (from 16.67% to 16.25%). Across the 29 yearly changes before that (1995 to 2023), the average change was −0.57 percentage points and a typical year strayed about 1.94 percentage points 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 NV.IND.TOTL.ZS, 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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