GDP per Capita: West Bank and Gaza
West Bank and Gaza's gdp per capita is currently $2,442.539 as of 2024. # West Bank and Gaza GDP per Capita West Bank and Gaza's GDP per capita stood at $2,442.
Current (2024)
$2,442.539
-25.0% y/y
Peak (2022)
$3,579.222
Low (2002)
$1,102.5
Source
IMF World Economic Outlook
1994–2024 · 31 pts
GDP per Capita — West Bank and Gaza
1994 — 2024
GDP per Capita — West Bank and Gaza
Analysis# West Bank and Gaza GDP per Capita
West Bank and Gaza's GDP per capita stood at $2,442.54 in 2024, down sharply from the all-time peak of $3,579.22 in 2022. Despite this recent decline, the region has more than doubled its per capita output since 1994, when it measured $1,102.50, representing a 99% gain over three decades. The current figure remains significantly above historical lows, though the 2024 drop signals a reversal of earlier gains.
The past decade reveals two distinct phases: steady growth from 2015 to 2022, when GDP per capita climbed from $3,084 to its peak, followed by deterioration through 2023–2024. The 32% contraction since 2022 suggests mounting economic headwinds. Unless conditions stabilize, the region risks eroding the economic progress accumulated over the prior seven years.
Historical Data
31 Rows| Year | Value | Change % |
|---|---|---|
| 2024 | $2,442.539 | -24.96% |
| 2023 | $3,254.867 | -9.06% |
| 2022 | $3,579.222 | +3.31% |
| 2021 | $3,464.383 | +13.78% |
| 2020 | $3,044.744 | -11.56% |
| 2019 | $3,442.754 | +2.67% |
| 2018 | $3,353.225 | -1.59% |
| 2017 | $3,407.307 | +2.45% |
| 2016 | $3,325.846 | +7.84% |
| 2015 | $3,084.132 | -2.36% |
| 2014 | $3,158.599 | +1.14% |
| 2013 | $3,122.985 | +8.11% |
| 2012 | $2,888.598 | +6.51% |
| 2011 | $2,711.917 | +12.70% |
| 2010 | $2,406.261 | +16.72% |
| 2009 | $2,061.558 | +7.75% |
| 2008 | $1,913.316 | +22.36% |
| 2007 | $1,563.701 | +5.61% |
| 2006 | $1,480.704 | +1.34% |
| 2005 | $1,461.093 | +8.16% |
Show all 31 rows
| Year | Value | Change % |
|---|---|---|
| 2004 | $1,350.906 | +12.84% |
| 2003 | $1,197.161 | +8.59% |
| 2002 | $1,102.5 | -13.58% |
| 2001 | $1,275.685 | -9.70% |
| 2000 | $1,412.75 | -2.02% |
| 1999 | $1,441.889 | +1.79% |
| 1998 | $1,416.578 | +4.86% |
| 1997 | $1,350.947 | +4.23% |
| 1996 | $1,296.081 | -1.96% |
| 1995 | $1,322.057 | +7.73% |
| 1994 | $1,227.237 | — |
Related Data
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Demographics
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No demographic data available.