West Bank and Gaza: GNI (current US$)
In , West Bank and Gaza's GNI (current US$) was $14.62 billion.
That's down 32.1% from 2023, the highest value since .
The global average for this indicator in 2024 was $577.49 billion . West Bank and Gaza ranks #139 globally out of 190 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #18 of 19.
Source: World Bank Open Data (NY.GNP.MKTP.CD) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- $23.69B
- Trough
- $5.47B
- 1-year change
- -32.1%
- 5-year change
- -26.1%
- -5.9% / yr
- 10-year change
- -5.5%
- -0.6% / yr
Historical Data — Last 10 Years
| Year | GNI (current US$) |
|---|---|
| 14.621B | |
| 21.523B | |
| 23.693B | |
| 21.736B | |
| 18.024B | |
| 19.792B | |
| 19.063B | |
| 18.257B | |
| 17.301B | |
| 15.685B |
About GNI (current US$)
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Indicator code: NY.GNP.MKTP.CD • Category: Economy
Frequently asked questions
- What was West Bank and Gaza's GNI (current US$) in 2024?
- In 2024, West Bank and Gaza's GNI (current US$) was $14.62 billion, according to World Bank Open Data.
- Is West Bank and Gaza's GNI (current US$) rising or falling?
- West Bank and Gaza's GNI (current US$) fell 32.1% from 2023 to 2024.
- How does West Bank and Gaza rank globally on GNI (current US$)?
- In 2024, West Bank and Gaza ranked #139 out of 190 countries reporting GNI (current US$).
- How does West Bank and Gaza's GNI (current US$) compare to the world average?
- The global average for GNI (current US$) in 2024 was $577.49 billion, so West Bank and Gaza is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #18 of 19.
- What is GNI (current US$) and how is it measured?
- Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Source: World Bank Open Data (NY.GNP.MKTP.CD), CC BY 4.0.