Macro‑Economic Monitor

Home / Countries / Western Asia

West Bank and Gaza economy

West Bank and Gaza’s economy grew 4.3% in 2025, faster than the world as a whole (2.9%). Consumer prices rose 9.8% in 2025, and 24.4% of the labour force was out of work in 2022.

IndicatorLatestYear
Real GDP growth4.3%2025
Inflation (consumer prices)9.8%2025
Unemployment24.4%2022
GDP (US dollars)$17.2 bn2025
GDP per person (US dollars)$3,1712025
GDP per person (PPP, international dollars)$4,3712024
Current account balance, % of GDP−15.8%2025
Extreme poverty, % of people below $3.00 a day2.1%2023
Population5.4 m2025
Open the full interactive profile

Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.