National Debt (% of GDP): West Bank and Gaza

Analysis# West Bank and Gaza National Debt (% of GDP) West Bank and Gaza's national debt reached 65.6% of GDP in 2024, marking an all-time high and a dramatic 228% increase since 2000. The region's debt burden has more than tripled over two decades, rising from a low of 19.3% in 2006. This trajectory reflects sustained fiscal pressures and economic challenges that have accumulated across the past quarter-century. The most significant deterioration occurred between 2019 and 2024, when debt jumped from 34.5% to 65.6%—a 90% spike in just five years. A notable inflection point emerged in 2020, when debt surged to 47.1% from 34.5%, likely reflecting pandemic-related fiscal stress. The continued upward climb through 2024 signals deepening structural imbalances that show no signs of reversal in the near term.