West Bank and Gaza 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$15.41 billion
↑ 10.26% vs 2015GDP per Capita
$3,527.61
↑ 7.81% vs 2015GDP Growth (Annual %)
8.86%
↑ 5.14pp vs 2015Inflation Rate (CPI %)
-0.22%
↓ 1.65pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $13.97 billion | $15.41 billion | +10.26% |
| GDP per Capita | $3,272.15 | $3,527.61 | +7.81% |
| GDP Growth (Annual %) | 3.72% | 8.86% | +5.14pp |
| Inflation (CPI %) | 1.43% | -0.22% | -1.65pp |
| Unemployment Rate (%) | 23.01% | 23.94% | +0.93pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $15.41 billion
- GDP per Capita
- $3,527.61
- GDP Growth (Annual %)
- 8.86%
- Gross National Income
- $17.30 billion
Prices & Employment
- Inflation (CPI %)
- -0.22%
- Inflation (GDP Deflator %)
- 1.28%
- Unemployment Rate (%)
- 23.94%
- Interest Rate (Real %)
- 4.81%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -13.91%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, West Bank and Gaza's Gross Domestic Product (GDP) is $15.41 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in West Bank and Gaza for 2016 is $3,527.61. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in West Bank and Gaza for 2016 is -0.22%. This measures the annual percentage change in the cost of consumer goods and services.
West Bank and Gaza's annual GDP growth rate for 2016 is 8.86%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in West Bank and Gaza for 2016 is 23.94%. This represents the percentage of the labor force that is unemployed and actively seeking employment.