Palestinian Territory Private Consumption: % of GDP
2011 - 2023 | Quarterly | % | CEIC Data
Key information about State of Palestine (West Bank and Gaza) Private Consumption: % of GDP
- State of Palestine (West Bank and Gaza) Private Consumption accounted for 99.0 % of its Nominal GDP in Dec 2023, compared with a ratio of 102.0 % in the previous quarter.
- State of Palestine (West Bank and Gaza) Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 2011 to Dec 2023, with an average share of 89.5 %.
- The data reached an all-time high of 103.5 % in Mar 2023 and a record low of 84.6 % in Dec 2015.
CEIC calculates quarterly Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Private Consumption Expenditure is calculated as the sum of Household and NPISHs Consumption. The Palestinian Central Bureau of Statistics provides quarterly Private Consumption Expenditure and Nominal GDP in USD.
Related information about State of Palestine (West Bank and Gaza) Private Consumption: % of GDP
- In the latest reports, State of Palestine (West Bank and Gaza) GDP contracted 29.3 % YoY in Dec 2023.
- Its Nominal GDP reached 4.7 USD bn in Mar 2023.
- State of Palestine (West Bank and Gaza) GDP Per Capita reached 3,800.0 USD in Dec 2022.
- Its Gross Savings Rate was measured at 11.6 % in Sep 2023.
View Palestinian Territory's Private Consumption: % of GDP from Mar 2011 to Dec 2023 in the chart:
What was Palestinian Territory's Private Consumption: % of GDP in Dec 2023?
State of Palestine (West Bank and Gaza) Private Consumption accounted for 99.0 % of its Nominal GDP in Dec 2023, compared with a ratio of 102.0 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 99.0 Dec 2023 | 102.0 Sep 2023 | 84.6 Dec 2015 | 103.5 Mar 2023 | % | quarterly | Mar 2011 - Dec 2023 |
Private Consumption: % of GDP by Country Comparison
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Includes Private Consumption: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 73.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 41.2 2023 | yearly | 1950 - 2023 |
| Argentina (%) | 64.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Armenia (%) | 55.1 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| Australia (%) | 49.8 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
| Austria (%) | 51.5 Dec 2023 | quarterly | Mar 1988 - Dec 2023 |
| Azerbaijan (%) | 44.0 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
| Bahrain (%) | 38.2 2022 | yearly | 1975 - 2022 |
| Bangladesh (%) | 68.6 2023 | yearly | 1973 - 2023 |
| Belarus (%) | 53.8 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Belgium (%) | 51.2 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Bolivia (%) | 65.7 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
| Bosnia and Herzegovina (%) | 70.0 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Botswana (%) | 48.3 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Brazil (%) | 63.9 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Brunei (%) | 27.6 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
| Bulgaria (%) | 62.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (%) | 61.6 2022 | yearly | 1993 - 2022 |
| Canada (%) | 54.7 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Chile (%) | 65.2 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| China (%) | 38.2 2021 | yearly | 1952 - 2021 |
| Colombia (%) | 80.1 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Croatia (%) | 63.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Cyprus (%) | 59.8 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Czech Republic (%) | 45.9 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (%) | 46.7 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Ecuador (%) | 63.1 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| Egypt (%) | 89.2 Dec 2023 | quarterly | Sep 2001 - Dec 2023 |
| Estonia (%) | 52.8 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| European Union (%) | 51.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Finland (%) | 52.3 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
| France (%) | 53.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Georgia (%) | 76.0 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Germany (%) | 50.1 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ghana (%) | 83.8 2023 | yearly | 2006 - 2023 |
| Greece (%) | 70.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Hong Kong SAR, China (%) | 69.5 Dec 2023 | quarterly | Mar 1973 - Dec 2023 |
| Hungary (%) | 50.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Iceland (%) | 52.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| India (%) | 63.6 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
| Indonesia (%) | 55.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Iran (%) | 45.2 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Ireland (%) | 32.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Israel (%) | 45.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Italy (%) | 58.6 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
| Ivory Coast (%) | 68.1 2023 | yearly | 1960 - 2023 |
| Japan (%) | 53.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Jordan (%) | 85.5 2022 | yearly | 1962 - 2022 |
| Kazakhstan (%) | 46.5 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 75.6 2022 | yearly | 1969 - 2022 |
| South Korea (%) | 48.1 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Kosovo (%) | 72.5 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Kuwait (%) | 40.6 2019 | yearly | 1962 - 2019 |
| Kyrgyzstan (%) | 84.8 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
| Laos (%) | 64.4 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 59.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Lebanon (%) | 106.0 2020 | yearly | 1990 - 2020 |
| Lithuania (%) | 60.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Luxembourg (%) | 31.2 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Macau SAR, China (%) | 26.7 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| North Macedonia (%) | 67.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Malawi (%) | 79.2 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 59.1 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Malta (%) | 43.5 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Mauritius (%) | 72.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Mexico (%) | 69.8 Sep 2023 | quarterly | Mar 1993 - Sep 2023 |
| Moldova (%) | 84.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Mongolia (%) | 41.6 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Montenegro (%) | 79.3 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Morocco (%) | 63.0 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Mozambique (%) | 75.2 2022 | yearly | 1969 - 2022 |
| Nepal (%) | 88.2 2023 | yearly | 1975 - 2023 |
| Netherlands (%) | 42.6 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| New Zealand (%) | 58.9 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
| Nigeria (%) | 65.0 2022 | yearly | 1981 - 2022 |
| Norway (%) | 37.5 Dec 2023 | quarterly | Mar 1978 - Dec 2023 |
| Oman (%) | 34.3 2022 | yearly | 1980 - 2022 |
| Pakistan (%) | 84.2 2023 | yearly | 1967 - 2023 |
| Palestinian Territory (%) | 99.0 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Panama (%) | 50.5 2021 | yearly | 1996 - 2021 |
| Paraguay (%) | 68.0 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Peru (%) | 59.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Philippines (%) | 75.6 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Poland (%) | 51.0 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Portugal (%) | 65.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Qatar (%) | 20.6 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 63.5 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Russia (%) | 46.0 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Saudi Arabia (%) | 39.8 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Serbia (%) | 66.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Singapore (%) | 31.3 2023 | yearly | 1960 - 2023 |
| Slovakia (%) | 61.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Slovenia (%) | 55.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| South Africa (%) | 67.1 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Spain (%) | 53.6 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Sri Lanka (%) | 64.7 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Sudan (%) | 77.8 2016 | yearly | 1976 - 2016 |
| Sweden (%) | 42.4 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Switzerland (%) | 51.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Syria (%) | 128.6 2021 | yearly | 1970 - 2021 |
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| 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 (%) | 72.6 Sep 2023 | quarterly | Dec 2010 - Sep 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) | 2.454 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
| Total Imports from USA (USD mn) | 7.221 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
| 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) | 16,543.247 Feb 2024 | monthly | Jul 2002 - Feb 2024 |
| M2 Growth (%) | 6.3 Feb 2024 | monthly | Jul 2003 - Feb 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) | 17,644.961 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Total Deposits Growth (%) | 6.1 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Domestic Credit (USD mn) | 11,851.7 Feb 2024 | monthly | Dec 1998 - Feb 2024 |
| Domestic Credit Growth (%) | 8.3 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
| Total Loans (USD mn) | 10,200.358 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Total Loans Growth (%) | 8.71 Feb 2024 | monthly | Jan 2008 - Feb 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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