West Bank and Gaza 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$18.11 billion
↑ 16.59% vs 2020GDP per Capita
$3,678.64
↑ 13.76% vs 2020GDP Growth (Annual %)
7.01%
↑ 18.33pp vs 2020Inflation Rate (CPI %)
1.24%
↑ 1.97pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $15.53 billion | $18.11 billion | +16.59% |
| GDP per Capita | $3,233.57 | $3,678.64 | +13.76% |
| GDP Growth (Annual %) | -11.32% | 7.01% | +18.33pp |
| Inflation (CPI %) | -0.74% | 1.24% | +1.97pp |
| Unemployment Rate (%) | 25.90% | 26.39% | +0.50pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $18.11 billion
- GDP per Capita
- $3,678.64
- GDP Growth (Annual %)
- 7.01%
- Gross National Income
- $21.74 billion
Prices & Employment
- Inflation (CPI %)
- 1.24%
- Inflation (GDP Deflator %)
- 8.95%
- Unemployment Rate (%)
- 26.39%
- Interest Rate (Real %)
- -3.12%
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)
- -9.82%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, West Bank and Gaza's Gross Domestic Product (GDP) is $18.11 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in West Bank and Gaza for 2021 is $3,678.64. 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 2021 is 1.24%. This measures the annual percentage change in the cost of consumer goods and services.
West Bank and Gaza's annual GDP growth rate for 2021 is 7.01%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in West Bank and Gaza for 2021 is 26.39%. This represents the percentage of the labor force that is unemployed and actively seeking employment.