Palestine GDP Deflator Growth

Annual change in the GDP implicit price deflator — a broad measure of price change across the economy.

GDP Deflator Growth in Palestine decreased to 2.72 percent in 2025 from 11.42 percent in 2024.

2.7%
▼ −8.7 pp2025 · previous 11.4%Annual · percent · Source: World Bank — World Development Indicators

Palestine GDP Deflator Growth — History

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Palestine GDP Deflator Growth — analysis in simple words

Latest reading

GDP Deflator Growth in Palestine decreased to 2.72 percent in 2025 from 11.42 percent in 2024.

Over the last three years it rose once and fell twice.

Recent trend

A year earlier (2024) it was 11.4%, so the latest figure is 8.7 percentage points lower.

Over the past five years the average was 4.6%, with a range from -1.8% to 11.4%. The latest value is below that five-year average.

Historical context

This data series starts in 1995 and has 31 annual observations. The latest reading is higher than 52% of all of them.

The highest value on record is 17.0% (2008) and the lowest is -5.4% (1998). The long-run average is 3.1%.

Compared with other countries

Among 209 economies with recent data, Palestine ranks 129th from the top. The median across all these economies is 3.3%, so Palestine is below the typical country.

Within Middle East, North Africa, Afghanistan & Pakistan (22 economies with data) it ranks 8th; the regional median is 2.1%.

Statistics

Latest
2.7%2025
Previous
11.4%
5-year average
4.6%
Long-run average
3.1%since 1995
All-time high
17.0%2008
All-time low
-5.4%1998
Observations
31Annual

Recent Data

PeriodValueChange
20252.7%▼ −8.7 pp
202411.4%▲ +13.2 pp
2023-1.8%▼ −3.5 pp
20221.7%▼ −7.3 pp
20219.0%▲ +6.7 pp
20202.2%▼ −1.6 pp
20193.8%▲ +4.2 pp
2018-0.3%▼ −3.5 pp
20173.2%▲ +1.9 pp
20161.3%▲ +5.0 pp
2015-3.7%▼ −7.4 pp
20143.7%▼ −2.1 pp
20135.7%▲ +2.9 pp
20122.9%▼ −2.6 pp
20115.4%▼ −7.8 pp
201013.2%▲ +11.3 pp
20091.9%▼ −15.2 pp
200817.0%▲ +12.2 pp
20074.8%▼ −0.6 pp
20065.4%▲ +5.3 pp
20050.1%▲ +4.9 pp
2004-4.9%▼ −2.7 pp
2003-2.1%▼ −3.6 pp
20021.5%▼ −0.9 pp
20012.3%▼ −8.1 pp
200010.4%▲ +13.5 pp
1999-3.0%▲ +2.3 pp
1998-5.4%▼ −1.5 pp
1997-3.8%▼ −6.5 pp
19962.6%

GDP Deflator Growth — Palestine vs Peers

Latest available reading for each economy (periods may differ). Palestine highlighted.

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More Palestine indicators

Understanding GDP Deflator Growth — a simple guide

What it measures

The annual change in the GDP implicit price deflator — prices of everything produced in the economy, not just consumer goods.

How it is calculated

GDP deflator = nominal GDP ÷ real GDP × 100; the growth rate is its yearly % change.

Simple example

If nominal GDP grew 10% and real GDP 6%, the deflator rose about 4%.

▲ When it is high or rising

A high reading means prices across the whole economy are rising quickly.

▼ When it is low or falling

A low or negative reading means broad prices are stable or falling.

Why it matters for the economy and markets

It is the broadest measure of inflation and links nominal to real GDP.

How to read it

It can differ from CPI inflation when export, import or investment prices move differently from consumer prices.

Data source

World Bank — World Development Indicators (series NY.GDP.DEFL.KD.ZG), annual data from 1995 to 2025. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current gdp deflator growth of Palestine?
Palestine gdp deflator growth was 2.7% in 2025, compared with 11.4% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest gdp deflator growth of Palestine?
Since 1995, the highest reading was 17.0% (2008) and the lowest was -5.4% (1998).
What does gdp deflator growth measure?
The annual change in the GDP implicit price deflator — prices of everything produced in the economy, not just consumer goods.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.