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Trading Basics

West Bank and Gaza

Capital
Not listed
Region
Middle East, North Africa, Afghanistan & Pakistan
Income group
Lower middle income
Population
5.4 million (2025)

At a glance

  • Prices in West Bank and Gaza rose 9.8% in 2025, faster than in most countries.
  • West Bank and Gaza's economy grew 4.3% in 2025, faster than most economies.
  • Output per person in West Bank and Gaza was US$3,171 in 2025, lower than in most countries.
  • West Bank and Gaza had 5.4 million people in 2025: about less than 0.1% of everyone on Earth, the 123rd largest population of 217 countries and territories.
  • West Bank and Gaza had a current account deficit of 15.8% of GDP in 2025, lower than in most countries.

Consumer prices, change over the year (yearly average)

9.8%
World median 3.0%

Since 2000

Show the numbers
Inflation in West Bank and Gaza and the world median, last ten years
YearWest Bank and GazaWorld median
20259.8%3.0%
202453.7%3.0%
20235.9%5.7%
20223.7%8.0%
20211.2%3.5%
2020−0.7%1.9%
20191.6%2.2%
2018−0.2%2.5%
20170.2%2.3%
2016−0.2%1.6%

Real GDP, change over the year

4.3%
World median 3.4%

Since 2000

Show the numbers
Economic growth in West Bank and Gaza and the world median, last ten years
YearWest Bank and GazaWorld median
20254.3%3.4%
2024−22.9%3.4%
2023−1.0%3.2%
20224.1%4.3%
20217.0%5.1%
2020−11.3%−3.8%
20191.4%2.8%
20181.2%3.2%
20171.4%3.3%
20168.9%3.1%

GDP divided by population, in US dollars at current prices

US$3,171
World median US$7,882

Since 2000

Show the numbers
GDP per person in West Bank and Gaza and the world median, last ten years
YearWest Bank and GazaWorld median
2025US$3,171US$7,882
2024US$3,028US$7,853
2023US$3,607US$7,862
2022US$3,800US$7,656
2021US$3,679US$7,269
2020US$3,234US$6,433
2019US$3,657US$7,037
2018US$3,562US$6,978
2017US$3,620US$6,548
2016US$3,528US$5,982

Everyone living in the country, mid-year

5.4 million

Since 2000

Show the numbers
Population in West Bank and Gaza and the world median, last ten years
YearWest Bank and Gaza
20255.4 million
20245.3 million
20235.2 million
20225.0 million
20214.9 million
20204.8 million
20194.7 million
20184.6 million
20174.5 million
20164.4 million

Current account balance, % of GDP

−15.8%
World median −0.8%

Since 2000

Show the numbers
Current account balance in West Bank and Gaza and the world median, last ten years
YearWest Bank and GazaWorld median
2025−15.8%−0.8%
2024−18.1%−1.3%
2023−15.5%−1.2%
2022−10.6%−3.0%
2021−9.8%−2.4%
2020−12.3%−1.7%
2019−10.4%−2.1%
2018−13.2%−2.9%
2017−13.2%−2.1%
2016−13.9%−2.8%

No recent World Bank figure for West Bank and Gaza: unemployment, government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show West Bank and Gaza since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.