Global Macro Expert
Beta Siller Advisory

Macro

West Bank and Gaza

Middle East, North Africa, Afghanistan & Pakistan · Lower middle income · IMF WEO April 2026 · World Bank WDI

GDP▼ 14.0%
Current prices2024
16USD bn
GDP per capita▼ 16.0%
Current prices2024
2,853USD
Real GDP growth▼ 21.9 pp
Annual change2024
-22.9%
Inflation▼ 43.1 pp
Average consumer prices2025
10.5%
Unemployment▼ 2.0 pp
Rate2022
24.4%
Government debt▲ 9.7 pp
General government, gross2024
56.1% of GDP
Current account▼ 5.6 pp
Balance2024
-18.1% of GDP
Population▲ 2.2%
Total2025
5.74million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-22.90.021.91995: 7.1%1996: 1.2%1997: 14.7%1998: 14.3%1999: 8.3%2000: -8.6%2001: -9.3%2002: -12.5%2003: 14.0%2004: 21.9%2005: 11.3%2006: -1.0%2007: 3.8%2008: 7.4%2009: 8.6%2010: 5.8%2011: 9.6%2012: 6.1%2013: 4.7%2014: -0.2%2015: 3.7%2016: 8.9%2017: 1.4%2018: 1.2%2019: 1.4%2020: -11.3%2021: 7.0%2022: 4.1%2023: -1.0%2024: -22.9%1995200020052010201520202024

Inflation, %

Average consumer prices · lighter bars = IMF projection
-0.70.053.71997: 7.6%1998: 5.6%1999: 5.5%2000: 2.8%2001: 1.2%2002: 5.7%2003: 4.4%2004: 3.0%2005: 5.3%2006: 3.8%2007: 1.9%2008: 9.9%2009: 2.8%2010: 3.8%2011: 2.9%2012: 2.8%2013: 1.7%2014: 1.7%2015: 1.4%2016: -0.2%2017: 0.2%2018: -0.2%2019: 1.6%2020: -0.7%2021: 1.2%2022: 3.7%2023: 5.9%2024: 53.7%2025: 10.5%200020052010201520202025

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %7.04.1-1.0-22.9––––––
Inflation, average consumer prices %1.23.75.953.710.5–––––
Unemployment rate %26.424.4––––––––
GDP, current prices USD bn18191916––––––
GDP per capita, current prices USD3,4643,5793,3982,853––––––
GDP per capita, PPP Int. USD5,3335,8045,8214,495––––––
General government gross debt % of GDP50.247.146.556.1––––––
General government net lending/borrowing % of GDP-5.2-0.9-0.9-3.0––––––
Current account balance % of GDP-9.8-10.6-12.5-18.1––––––
Population million5.235.355.485.615.74–––––

Government debt, % of GDP

General government gross debt
0.056.12000: 20%2001: 22%2002: 21%2003: 21%2004: 21%2005: 24%2006: 19%2007: 24%2008: 23%2009: 24%2010: 23%2011: 26%2012: 30%2013: 30%2014: 34%2015: 37%2016: 31%2017: 32%2018: 33%2019: 34%2020: 47%2021: 50%2022: 47%2023: 46%2024: 56%200020052010201520202024

Current account, % of GDP

Balance of payments
-34.50.05.22000: -19.9%2001: -20.7%2002: -13.7%2003: -27.0%2004: -34.5%2005: -26.6%2006: -23.1%2007: -7.2%2008: 5.2%2009: -14.1%2010: -13.5%2011: -18.5%2012: -14.9%2013: -14.8%2014: -13.6%2015: -13.9%2016: -13.9%2017: -13.2%2018: -13.2%2019: -10.4%2020: -12.3%2021: -9.8%2022: -10.6%2023: -12.5%2024: -18.1%200020052010201520202024

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199511.829.517.552.2
20059.021.011.357.3
20157.416.49.361.7
20245.516.311.360.2

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method3,250USD2025-11.4%
GNI, Atlas method18USD bn2025+12.3%
Exports of goods and services21.2% of GDP2025+5.2 pp
Imports of goods and services53.5% of GDP2025-1.2 pp
Life expectancy at birth69.2years2024-4.9%
Urban population87.4% of total2025+2.2 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)