Palestinian Territory Government Debt: % of GDP

2010 - 2023 | Quarterly | % | CEIC Data

Key information about State of Palestine (West Bank and Gaza) Government Debt: % of GDP

  • State of Palestine (West Bank and Gaza) Government debt accounted for 115.0 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 72.6 % in the previous quarter.
  • State of Palestine (West Bank and Gaza) government debt to GDP ratio data is updated quarterly, available from Dec 2010 to Dec 2023.
  • The data reached an all-time high of 115.0 % in Dec 2023 and a record low of 55.5 % in Mar 2019.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and quarterly Nominal GDP. Palestine Monetary Authority provides Government Debt in USD. The Palestinian Central Bureau of Statistics provides Nominal GDP in USD. Government Debt refers to Public Debt.
  • The country's Nominal GDP reached 4.7 USD bn in Mar 2023.
  • View Palestinian Territory's Government Debt: % of GDP from Dec 2010 to Dec 2023 in the chart:

    Palestinian Territory Government Debt: % of GDP

    What was Palestinian Territory's Government Debt: % of GDP in Dec 2023?

    State of Palestine (West Bank and Gaza) Government debt accounted for 115.0 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 72.6 % in the previous quarter. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    115.0 Dec 2023 72.6 Sep 2023 55.5 Mar 2019 115.0 Dec 2023 % quarterly Dec 2010 - Dec 2023

    Government Debt: % of GDP by Country Comparison

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    Includes Government Debt: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
    country/region Last Frequency Range
    Albania (%) 61.2 Jun 2023 quarterly Sep 2010 - Jun 2023
    Algeria (%) 47.6 2022 yearly 1997 - 2022
    Argentina (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
    Armenia (%) 50.5 Dec 2023 quarterly Dec 2013 - Dec 2023
    Australia (%) 38.1 2023 yearly 1999 - 2023
    Austria (%) 77.8 Dec 2023 quarterly Mar 2000 - Dec 2023
    Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
    Bahrain (%) 93.6 Dec 2023 quarterly Dec 2007 - Dec 2023
    Bangladesh (%) 23.6 2023 yearly 2010 - 2023
    Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
    Belgium (%) 105.2 Dec 2023 quarterly Dec 1980 - Dec 2023
    Bolivia (%) 27.2 2014 yearly 1998 - 2014
    Bosnia and Herzegovina (%) 20.7 2022 yearly 2007 - 2022
    Botswana (%) 17.2 Jun 2023 quarterly Jun 2014 - Jun 2023
    Brazil (%) 74.4 Dec 2023 quarterly Dec 2006 - Dec 2023
    Bulgaria (%) 23.1 Dec 2023 quarterly Mar 2007 - Dec 2023
    Cambodia (%) 33.7 2022 yearly 2013 - 2022
    Canada (%) 67.8 2023 yearly 1962 - 2023
    Chile (%) 39.9 Dec 2023 quarterly Mar 2002 - Dec 2023
    China (%) 22.7 Sep 2023 quarterly Mar 2014 - Sep 2023
    Colombia (%) 59.0 Sep 2023 quarterly Dec 2005 - Sep 2023
    Croatia (%) 67.8 Dec 2022 quarterly Dec 1995 - Dec 2022
    Cyprus (%) 77.3 Dec 2023 quarterly Dec 2010 - Dec 2023
    Czech Republic (%) 44.0 Dec 2023 quarterly Mar 2000 - Dec 2023
    Denmark (%) 29.3 Dec 2023 quarterly Mar 2000 - Dec 2023
    Ecuador (%) 67.0 Dec 2023 quarterly Dec 2005 - Dec 2023
    Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
    Estonia (%) 19.6 Dec 2023 quarterly Mar 2000 - Dec 2023
    European Union (%) 81.7 Dec 2023 quarterly Mar 2000 - Dec 2023
    Finland (%) 75.8 Dec 2023 quarterly Mar 2000 - Dec 2023
    France (%) 1.1 Dec 2023 quarterly Dec 1995 - Dec 2023
    Georgia (%) 39.1 Dec 2023 quarterly Mar 2006 - Dec 2023
    Germany (%) 63.6 Dec 2023 quarterly Mar 2000 - Dec 2023
    Ghana (%) 70.7 2022 yearly 2006 - 2022
    Greece (%) 161.9 Dec 2023 quarterly Dec 1999 - Dec 2023
    Hong Kong SAR, China (%) 50.1 2023 yearly 2003 - 2023
    Hungary (%) 69.5 Dec 2023 quarterly Dec 1990 - Dec 2023
    Iceland (%) 64.8 2023 yearly 1998 - 2023
    India (%) 59.0 Dec 2023 quarterly Mar 2012 - Dec 2023
    Indonesia (%) 39.0 Dec 2023 quarterly Jun 2015 - Dec 2023
    Iran (%) 8.3 Sep 2023 quarterly Mar 1998 - Sep 2023
    Ireland (%) 43.7 Dec 2023 quarterly Mar 2000 - Dec 2023
    Israel (%) 60.3 2023 yearly 1995 - 2023
    Italy (%) 137.3 Dec 2023 quarterly Dec 1995 - Dec 2023
    Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
    Japan (%) 217.3 Dec 2023 quarterly Dec 1994 - Dec 2023
    Jordan (%) 89.2 Sep 2023 quarterly Mar 2002 - Sep 2023
    Kazakhstan (%) 23.1 Sep 2023 quarterly Mar 2005 - Sep 2023
    Kenya (%) 68.3 Mar 2023 quarterly Dec 2009 - Mar 2023
    South Korea (%) 48.9 Dec 2023 quarterly Sep 2002 - Dec 2023
    Kosovo (%) 19.9 2022 yearly 2009 - 2022
    Kuwait (%) 0.4 Sep 2023 quarterly Dec 2010 - Sep 2023
    Kyrgyzstan (%) 45.6 Dec 2023 quarterly Mar 2011 - Dec 2023
    Latvia (%) 43.6 Dec 2023 quarterly Mar 2000 - Dec 2023
    Lebanon (%) 150.6 2020 yearly 1998 - 2020
    Lithuania (%) 38.3 Dec 2023 quarterly Mar 2000 - Dec 2023
    Luxembourg (%) 25.7 Dec 2023 quarterly Dec 1997 - Dec 2023
    North Macedonia (%) 53.1 Dec 2023 quarterly Dec 2009 - Dec 2023
    Malawi (%) 66.0 2014 yearly 2010 - 2014
    Malaysia (%) 64.3 Dec 2023 quarterly Dec 2010 - Dec 2023
    Malta (%) 50.4 Dec 2023 quarterly Dec 2000 - Dec 2023
    Mauritius (%) 69.3 Dec 2023 quarterly Jun 2003 - Dec 2023
    Mexico (%) 49.7 Dec 2023 quarterly Dec 2005 - Dec 2023
    Moldova (%) 34.9 Dec 2023 quarterly Mar 2007 - Dec 2023
    Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
    Montenegro (%) 59.7 Sep 2023 quarterly Dec 2010 - Sep 2023
    Morocco (%) 71.6 2022 yearly 1994 - 2022
    Nepal (%) 39.9 2021 yearly 1990 - 2021
    Netherlands (%) 46.5 Dec 2023 quarterly Dec 1999 - Dec 2023
    New Zealand (%) 38.7 Dec 2023 quarterly Dec 2006 - Dec 2023
    Nigeria (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
    Norway (%) 44.3 2023 yearly 1995 - 2023
    Oman (%) 41.2 2022 yearly 1990 - 2022
    Pakistan (%) 71.6 2022 yearly 2000 - 2022
    Palestinian Territory (%) 115.0 Dec 2023 quarterly Dec 2010 - Dec 2023
    Panama (%) 56.4 Dec 2023 quarterly Dec 2007 - Dec 2023
    Paraguay (%) 34.8 Dec 2023 quarterly Dec 2014 - Dec 2023
    Peru (%) 32.9 Dec 2023 quarterly Mar 1999 - Dec 2023
    Philippines (%) 60.1 Dec 2023 quarterly Mar 1993 - Dec 2023
    Poland (%) 49.8 Dec 2023 quarterly Dec 2002 - Dec 2023
    Portugal (%) 99.1 Dec 2023 quarterly Dec 1995 - Dec 2023
    Qatar (%) 15.0 2012 yearly 2006 - 2012
    Romania (%) 48.7 Dec 2023 quarterly Dec 2011 - Dec 2023
    Russia (%) 14.9 Dec 2023 quarterly Dec 2011 - Dec 2023
    Saudi Arabia (%) 26.2 Dec 2023 quarterly Dec 2016 - Dec 2023
    Serbia (%) 52.0 Dec 2023 quarterly Sep 2004 - Dec 2023
    Singapore (%) 170.8 Dec 2023 quarterly Mar 1990 - Dec 2023
    Slovakia (%) 56.0 Dec 2023 quarterly Mar 2000 - Dec 2023
    Slovenia (%) 69.2 Dec 2023 quarterly Dec 1999 - Dec 2023
    South Africa (%) 73.9 Dec 2023 quarterly Dec 1960 - Dec 2023
    Spain (%) 107.7 Dec 2023 quarterly Mar 1995 - Dec 2023
    Sri Lanka (%) 104.4 Sep 2023 quarterly Mar 2014 - Sep 2023
    Sweden (%) 32.3 Dec 2023 quarterly Mar 1996 - Dec 2023
    Switzerland (%) 25.3 2027 yearly 1990 - 2027
    Taiwan (%) 29.7 2022 yearly 1996 - 2022
    Tajikistan (%) 36.3 2021 yearly 1999 - 2021
    Thailand (%) 54.3 Dec 2023 quarterly Dec 1997 - Dec 2023
    Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
    Turkey (%) 29.5 Dec 2023 quarterly Dec 2001 - Dec 2023
    Ukraine (%) 79.4 Dec 2023 quarterly Dec 2010 - Dec 2023

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    Palestinian Territory Key Series

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    Includes 109 key indicators for Palestinian Territory, curated by CEIC analysts. Instant access to full history data in excel.
    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -4.0 2020 yearly 2010 - 2020
    Consolidated Fiscal Balance (USD mn) -619.800 2020 yearly 2010 - 2020
    Tax Revenue (USD mn) 3,316.100 2020 yearly 2010 - 2020
    Tax Revenue: % of GDP (%) 21.4 2020 yearly 2005 - 2020
    Government Debt: % of GDP (%) 115.0 Dec 2023 quarterly Dec 2010 - Dec 2023
    Forecast: Government Expenditure (%) 31.041 2028 yearly 2009 - 2028
    Forecast: Government Revenue (ILS bn) 22.701 2028 yearly 2009 - 2028
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 2.493 2026 yearly 1995 - 2026
    Trade Balance (USD mn) -360.5 Feb 2024 monthly Jan 2011 - Feb 2024
    Total Exports (USD mn) 120.4 Feb 2024 monthly Jan 2011 - Feb 2024
    Total Exports Growth (%) -11.6 Feb 2024 monthly Jan 2012 - Feb 2024
    Aluminum: Exports (USD th) 44,795.814 2022 yearly 2000 - 2022
    Exports: Medicament (USD th) 19,613.948 2022 yearly 2000 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 6,962.543 2022 yearly 2000 - 2022
    Total Imports (USD mn) 480.9 Feb 2024 monthly Jan 2011 - Feb 2024
    Total Imports Growth (%) -24.1 Feb 2024 monthly Jan 2012 - Feb 2024
    Imports: Medicament (USD th) 153,093.380 2022 yearly 2000 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 90,632.430 2022 yearly 2000 - 2022
    Total Exports to USA (USD mn) 4.913 Jan 2024 monthly Jan 2000 - Jan 2024
    Total Imports from USA (USD mn) 7.069 Jan 2024 monthly Jan 2000 - Jan 2024
    Total Exports to China (USD mn) 0.000 Dec 2022 monthly Jan 2007 - Dec 2022
    Total Imports from China (USD mn) 54.338 Dec 2022 monthly Jan 2000 - Dec 2022
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 0.0 Sep 2023 quarterly Mar 2011 - Sep 2023
    Current Account Balance (USD mn) -529.4 Sep 2023 quarterly Mar 2011 - Sep 2023
    Current Account Balance: % of GDP (%) -16.1 Mar 2023 quarterly Mar 2011 - Mar 2023
    Foreign Direct Investment (USD mn) -17.8 Sep 2023 quarterly Mar 2011 - Sep 2023
    Foreign Direct Investment: % of GDP (%) -0.4 Sep 2023 quarterly Mar 2011 - Sep 2023
    Foreign Portfolio Investment (USD mn) -56.300 Sep 2023 quarterly Mar 2011 - Sep 2023
    Foreign Portfolio Investment: % of GDP (%) -1.2 Sep 2023 quarterly Mar 2011 - Sep 2023
    Foreign Portfolio Investment: Equity Securities (USD mn) -56.3 Sep 2023 quarterly Mar 2012 - Sep 2023
    Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 Mar 2023 quarterly Mar 2013 - Mar 2023
    External Debt (USD mn) 1,535.0 Dec 2018 monthly Dec 2012 - Dec 2018
    External Debt: % of GDP (%) 11.4 2022 yearly 2012 - 2022
    External Debt: Short Term (USD mn) 388.5 Dec 2018 monthly Dec 2013 - Dec 2018
    External Debt: Short Term: % of GDP (%) 3.3 2022 yearly 2012 - 2022
    Forecast: Current Account Balance (USD bn) -2.718 2028 yearly 1994 - 2028
    Net International Investment Position (USD mn) 3,869.000 Sep 2023 quarterly Dec 2013 - Sep 2023
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 4.2 Mar 2022 quarterly Dec 2008 - Mar 2022
    Non-Performing Loans (USD mn) 455.582 Mar 2022 quarterly Dec 2008 - Mar 2022
    Money Supply M1 (USD mn) 10,376.900 Dec 2023 quarterly Mar 2013 - Dec 2023
    Money Supply M2 (USD mn) 16,654.146 Mar 2024 monthly Jul 2002 - Mar 2024
    M2 Growth (%) 5.5 Mar 2024 monthly Jul 2003 - Mar 2024
    Foreign Exchange Reserves (USD mn) 504.1 Mar 2024 monthly Jan 2006 - Mar 2024
    Foreign Exchange Reserves: % of GDP (%) 18.855 Dec 2023 quarterly Mar 2006 - Dec 2023
    Foreign Exchange Reserves: Months of Import (NA) 1.3 Feb 2024 monthly Jan 2011 - Feb 2024
    Total Deposits (USD mn) 17,688.961 Mar 2024 monthly Jan 2000 - Mar 2024
    Total Deposits Growth (%) 5.1 Mar 2024 monthly Jan 2001 - Mar 2024
    Domestic Credit (USD mn) 11,758.3 Mar 2024 monthly Dec 1998 - Mar 2024
    Domestic Credit Growth (%) 5.2 Mar 2024 monthly Dec 1999 - Mar 2024
    Total Loans (USD mn) 10,051.997 Mar 2024 monthly Jan 2007 - Mar 2024
    Total Loans Growth (%) 5.57 Mar 2024 monthly Jan 2008 - Mar 2024
    Private Debt: % of Nominal GDP (%) 53.38 Dec 2023 quarterly Dec 2013 - Dec 2023
    Business and Economic Survey Last Frequency Range
    Business Confidence Growth (% Point) -27.0 Mar 2024 monthly Apr 2014 - Mar 2024

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