GDP in USD PPP terms reached 22.9 USD bil in 2017 in Palestine, according to the National Statistical Office. This is 1.49 % less than in the previous year.
Historically, GDP in USD PPP terms in Palestine reached an all time high of 23.3 USD bil in 2016 and an all time low of 4.60 USD bil in 1994. When compared to Palestine's main peers, GDP in USD PPP terms in Egypt amounted to 1,132 USD bil, 339 USD bil in Israel, 89.0 USD bil in Jordan and 88.3 USD bil in Lebanon in 2017.
Palestine has been ranked 143rd within the group of 176 countries we follow in terms of GDP in USD PPP terms, 1 places above the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.