Palestinian Territory Private Consumption: % of GDP

2011 - 2024 | 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 98.6 % of its Nominal GDP in Jun 2024, compared with a ratio of 98.6 % 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 Jun 2024, with an average share of 23.0 %.
  • The data reached an all-time high of 28.9 % in Sep 2014 and a record low of 17.9 % in Mar 2023.

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 expanded 4.8 % YoY in Jun 2024.
  • Its Nominal GDP reached 4.7 USD bn in Mar 2023.
  • State of Palestine (West Bank and Gaza) GDP Per Capita reached 3,367.0 USD in Dec 2023.
  • Its Gross Savings Rate was measured at -2.8 % in Mar 2024.

View Palestinian Territory's Private Consumption: % of GDP from Mar 2011 to Jun 2024 in the chart:

Palestinian Territory Private Consumption: % of GDP

What was Palestinian Territory's Private Consumption: % of GDP in Jun 2024?

State of Palestine (West Bank and Gaza) Private Consumption accounted for 98.6 % of its Nominal GDP in Jun 2024, compared with a ratio of 98.6 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
98.6 Jun 2024 98.6 Mar 2024 17.9 Mar 2023 28.9 Sep 2014 % quarterly Mar 2011 - Jun 2024

Private Consumption: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 73.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 41.2 2023 yearly 1950 - 2023
Argentina (%) 66.8 Sep 2024 quarterly Mar 1993 - Sep 2024
Armenia (%) 68.1 Sep 2024 quarterly Dec 1994 - Sep 2024
Australia (%) 51.8 Sep 2024 quarterly Sep 1959 - Sep 2024
Austria (%) 54.2 Sep 2024 quarterly Mar 1988 - Sep 2024
Azerbaijan (%) 44.0 Sep 2022 quarterly Mar 2001 - Sep 2022
Bahrain (%) 36.3 2022 yearly 1975 - 2022
Bangladesh (%) 66.8 2024 yearly 1973 - 2024
Belarus (%) 55.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Belgium (%) 51.6 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (%) 62.8 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (%) 62.8 Jun 2024 quarterly Mar 2008 - Jun 2024
Botswana (%) 42.8 Jun 2024 quarterly Mar 2006 - Jun 2024
Brazil (%) 64.1 Sep 2024 quarterly Mar 1996 - Sep 2024
Brunei (%) 24.2 Jun 2024 quarterly Mar 2004 - Jun 2024
Bulgaria (%) 62.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 60.0 2022 yearly 1993 - 2022
Canada (%) 54.1 Sep 2024 quarterly Mar 1961 - Sep 2024
Chile (%) 65.2 Sep 2022 quarterly Mar 1996 - Sep 2022
China (%) 39.2 2023 yearly 1952 - 2023
Colombia (%) 74.5 Sep 2024 quarterly Mar 2005 - Sep 2024
Croatia (%) 49.5 Sep 2024 quarterly Mar 1995 - Sep 2024
Cyprus (%) 57.5 Sep 2024 quarterly Mar 1995 - Sep 2024
Czech Republic (%) 45.9 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 43.1 Sep 2024 quarterly Mar 1990 - Sep 2024
Ecuador (%) 63.1 Mar 2023 quarterly Mar 1991 - Mar 2023
Egypt (%) 86.8 Jun 2024 quarterly Sep 2001 - Jun 2024
Estonia (%) 52.3 Sep 2024 quarterly Mar 1993 - Sep 2024
European Union (%) 52.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Finland (%) 51.8 Jun 2024 quarterly Mar 1975 - Jun 2024
France (%) 54.9 Sep 2024 quarterly Mar 1980 - Sep 2024
Georgia (%) 71.2 Jun 2024 quarterly Mar 1996 - Jun 2024
Germany (%) 53.2 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 84.2 2023 yearly 2006 - 2023
Greece (%) 66.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Hong Kong SAR, China (%) 64.9 Sep 2024 quarterly Mar 1973 - Sep 2024
Hungary (%) 50.3 Dec 2022 quarterly Mar 1995 - Dec 2022
Iceland (%) 51.0 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 62.0 Sep 2024 quarterly Jun 1996 - Sep 2024
Indonesia (%) 54.4 Sep 2024 quarterly Mar 1993 - Sep 2024
Iran (%) 45.2 Mar 2022 quarterly Jun 1988 - Mar 2022
Ireland (%) 29.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Israel (%) 50.7 Sep 2024 quarterly Mar 1995 - Sep 2024
Italy (%) 58.6 Dec 2022 quarterly Mar 1980 - Dec 2022
Ivory Coast (%) 65.8 2023 yearly 1960 - 2023
Japan (%) 55.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Jordan (%) 78.7 2023 yearly 1962 - 2023
Kazakhstan (%) 46.5 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 76.2 2023 yearly 1969 - 2023
South Korea (%) 48.5 Sep 2024 quarterly Mar 1960 - Sep 2024
Kosovo (%) 72.5 Sep 2022 quarterly Mar 2010 - Sep 2022
Kuwait (%) 32.5 2022 yearly 1962 - 2022
Kyrgyzstan (%) 84.8 Sep 2023 quarterly Mar 2000 - Sep 2023
Laos (%) 64.4 2016 yearly 2000 - 2016
Latvia (%) 59.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Lebanon (%) 118.8 2021 yearly 1990 - 2021
Lithuania (%) 60.7 Dec 2022 quarterly Mar 1993 - Dec 2022
Luxembourg (%) 31.2 Sep 2022 quarterly Mar 1995 - Sep 2022
Macau SAR, China (%) 28.9 Sep 2024 quarterly Mar 1998 - Sep 2024
North Macedonia (%) 67.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Malawi (%) 79.2 2019 yearly 1960 - 2019
Malaysia (%) 62.7 Sep 2024 quarterly Mar 1991 - Sep 2024
Malta (%) 47.6 Sep 2024 quarterly Mar 1992 - Sep 2024
Mauritius (%) 59.8 Jun 2024 quarterly Mar 1999 - Jun 2024
Mexico (%) 70.0 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (%) 87.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Mongolia (%) 53.3 Sep 2024 quarterly Mar 2010 - Sep 2024
Montenegro (%) 77.1 Jun 2024 quarterly Mar 2010 - Jun 2024
Morocco (%) 56.7 Jun 2024 quarterly Mar 2007 - Jun 2024
Mozambique (%) 78.0 2023 yearly 1969 - 2022
Nepal (%) 86.1 2024 yearly 1975 - 2024
Netherlands (%) 44.2 Sep 2024 quarterly Mar 1977 - Sep 2024
New Zealand (%) 57.4 Jun 2024 quarterly Jun 1987 - Jun 2024
Nigeria (%) 61.2 2023 yearly 1981 - 2023
Norway (%) 39.7 Sep 2024 quarterly Mar 1978 - Sep 2024
Oman (%) 36.8 2023 yearly 1980 - 2023
Pakistan (%) 84.4 2024 yearly 1967 - 2024
Palestinian Territory (%) 98.6 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (%) 48.7 2022 yearly 1996 - 2022
Paraguay (%) 67.1 Jun 2024 quarterly Mar 1994 - Jun 2024
Peru (%) 62.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Philippines (%) 78.6 Sep 2024 quarterly Mar 1981 - Sep 2024
Poland (%) 60.2 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (%) 57.7 Sep 2024 quarterly Mar 1995 - Sep 2024
Qatar (%) 20.6 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 58.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Russia (%) 50.9 Jun 2024 quarterly Mar 1993 - Jun 2024
Saudi Arabia (%) 40.2 Jun 2024 quarterly Mar 2003 - Jun 2024
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 (%) 52.0 Sep 2024 quarterly Mar 1995 - Sep 2024
South Africa (%) 64.7 Sep 2024 quarterly Mar 1960 - Sep 2024
Spain (%) 56.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Sri Lanka (%) 66.4 Jun 2024 quarterly Mar 2010 - Jun 2024
Sudan (%) 77.8 2016 yearly 1976 - 2016
Sweden (%) 46.5 Sep 2024 quarterly Mar 1980 - Sep 2024
Switzerland (%) 50.9 Sep 2024 quarterly Mar 1980 - Sep 2024
Syria (%) 114.8 2022 yearly 1970 - 2022

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Palestinian Territory Key Series

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 (%) 126.9 Jun 2024 quarterly Dec 2010 - Jun 2024
Forecast: Government Expenditure (%) 30.818 2023 yearly 2009 - 2023
Forecast: Government Revenue (ILS bn) 19.065 2023 yearly 2009 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.493 2026 yearly 1995 - 2026
Trade Balance (USD mn) -431.8 Sep 2024 monthly Jan 2011 - Sep 2024
Total Exports (USD mn) 124.7 Sep 2024 monthly Jan 2011 - Sep 2024
Total Exports Growth (%) -1.0 Sep 2024 monthly Jan 2012 - Sep 2024
Aluminum: Exports (USD th) 37,933.365 2023 yearly 2000 - 2023
Exports: Medicament (USD th) 15,397.216 2023 yearly 2000 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 6,719.627 2023 yearly 2000 - 2023
Total Imports (USD mn) 556.5 Sep 2024 monthly Jan 2011 - Sep 2024
Total Imports Growth (%) -17.8 Sep 2024 monthly Jan 2012 - Sep 2024
Imports: Medicament (USD th) 162,392.789 2023 yearly 2000 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 94,433.969 2023 yearly 2000 - 2023
Total Exports to USA (USD mn) 1.706 Aug 2024 monthly Jan 2000 - Aug 2024
Total Imports from USA (USD mn) 0.262 Aug 2024 monthly Jan 2000 - Aug 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
Import Volume Index (2015=100) 77.877 2021 yearly 2000 - 2021
Export Volume Index (2015=100) 118.305 2021 yearly 2000 - 2021
Export Value Index (2015=100) 140.009 2021 yearly 1995 - 2021
Import Value Index (2015=100) 136.509 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 10.7 Jun 2024 quarterly Mar 2011 - Jun 2024
Current Account Balance (USD mn) -801.1 Jun 2024 quarterly Mar 2011 - Jun 2024
Current Account Balance: % of GDP (%) -16.1 Mar 2023 quarterly Mar 2011 - Mar 2023
Foreign Direct Investment (USD mn) 88.3 Jun 2024 quarterly Mar 2011 - Jun 2024
Foreign Direct Investment: % of GDP (%) 2.8 Jun 2024 quarterly Mar 2011 - Jun 2024
Foreign Portfolio Investment (USD mn) -16.300 Jun 2024 quarterly Mar 2011 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) -0.5 Jun 2024 quarterly Mar 2011 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -43.4 Mar 2024 quarterly Mar 2012 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 Mar 2024 quarterly Mar 2013 - Mar 2024
External Debt (USD mn) 1,535.0 Dec 2018 monthly Dec 2012 - Dec 2018
External Debt: % of GDP (%) 12.2 2023 yearly 2012 - 2023
External Debt: Short Term (USD mn) 388.5 Dec 2018 monthly Dec 2013 - Dec 2018
External Debt: Short Term: % of GDP (%) 3.7 2023 yearly 2012 - 2023
Forecast: Current Account Balance (USD bn) -2.895 2023 yearly 1994 - 2023
Net International Investment Position (USD mn) 5,268.000 Jun 2024 quarterly Dec 2013 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.4 Jun 2024 quarterly Dec 2008 - Jun 2024
Non-Performing Loans (USD mn) 553.833 Jun 2024 quarterly Dec 2008 - Jun 2024
Money Supply M1 (USD mn) 12,504.000 Jun 2024 quarterly Mar 2013 - Jun 2024
Money Supply M2 (USD mn) 17,276.104 Oct 2024 monthly Jul 2002 - Oct 2024
M2 Growth (%) 11.9 Oct 2024 monthly Jul 2003 - Oct 2024
Foreign Exchange Reserves (USD mn) 471.5 Oct 2024 monthly Jan 2006 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 15.697 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 1.1 Sep 2024 monthly Jan 2011 - Sep 2024
Total Deposits (USD mn) 18,323.168 Oct 2024 monthly Jan 2000 - Oct 2024
Total Deposits Growth (%) 11.8 Oct 2024 monthly Jan 2001 - Oct 2024
Domestic Credit (USD mn) 11,907.8 Oct 2024 monthly Dec 1998 - Oct 2024
Domestic Credit Growth (%) 6.8 Oct 2024 monthly Dec 1999 - Oct 2024
Total Loans (USD mn) 9,929.498 Oct 2024 monthly Jan 2007 - Oct 2024
Total Loans Growth (%) 5.26 Oct 2024 monthly Jan 2008 - Oct 2024
Private Debt: % of Nominal GDP (%) 64.07 Jun 2024 quarterly Dec 2013 - Jun 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -19.5 Sep 2024 monthly Apr 2014 - Sep 2024

More Indicators for Palestinian Territory

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