West Bank and Gaza 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$15.53 billion
↓ 9.35% vs 2019GDP per Capita
$3,233.57
↓ 11.58% vs 2019GDP Growth (Annual %)
-11.32%
↓ 12.68pp vs 2019Inflation Rate (CPI %)
-0.74%
↓ 2.32pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $17.13 billion | $15.53 billion | -9.35% |
| GDP per Capita | $3,656.86 | $3,233.57 | -11.58% |
| GDP Growth (Annual %) | 1.36% | -11.32% | -12.68pp |
| Inflation (CPI %) | 1.58% | -0.74% | -2.32pp |
| Unemployment Rate (%) | 25.34% | 25.90% | +0.56pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $15.53 billion
- GDP per Capita
- $3,233.57
- GDP Growth (Annual %)
- -11.32%
- Gross National Income
- $18.02 billion
Prices & Employment
- Inflation (CPI %)
- -0.74%
- Inflation (GDP Deflator %)
- 2.22%
- Unemployment Rate (%)
- 25.90%
- Interest Rate (Real %)
- 3.22%
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)
- -12.25%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, West Bank and Gaza's Gross Domestic Product (GDP) is $15.53 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in West Bank and Gaza for 2020 is $3,233.57. 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 2020 is -0.74%. This measures the annual percentage change in the cost of consumer goods and services.
West Bank and Gaza's annual GDP growth rate for 2020 is -11.32%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in West Bank and Gaza for 2020 is 25.90%. This represents the percentage of the labor force that is unemployed and actively seeking employment.