Palestine GDP from Industry

Industry (including construction) value added as a share of GDP.

GDP from Industry in Palestine decreased to 16.25 percent of GDP in 2024 from 16.67 percent of GDP in 2023.

16.3%
▼ −0.4 pp2024 · previous 16.7%Annual · percent of GDP · Source: World Bank — World Development Indicators

Palestine GDP from Industry — History

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Palestine GDP from Industry — analysis in simple words

Latest reading

GDP from Industry in Palestine decreased to 16.25 percent of GDP in 2024 from 16.67 percent of GDP in 2023.

It has fallen in each of the last three years.

Recent trend

A year earlier (2023) it was 16.7%, so the latest figure is 0.4 percentage points lower.

Over the past five years the average was 17.0%, with a range from 16.3% to 17.7%. The latest value is below that five-year average.

Historical context

This data series starts in 1994 and has 31 annual observations. The latest reading is higher than 0% of all of them.

The highest value on record is 33.1% (1994) and the lowest is 16.3% (2024). The long-run average is 20.3%.

Compared with other countries

Among 202 economies with recent data, Palestine ranks 157th from the top. The median across all these economies is 23.6%, so Palestine is below the typical country.

Within Middle East, North Africa, Afghanistan & Pakistan (22 economies with data) it ranks 18th; the regional median is 29.7%.

Statistics

Latest
16.3%2024
Previous
16.7%
5-year average
17.0%
Long-run average
20.3%since 1994
All-time high
33.1%1994
All-time low
16.3%2024
Observations
31Annual

Recent Data

PeriodValueChange
202416.3%▼ −0.4 pp
202316.7%▼ −0.7 pp
202217.4%▼ −0.3 pp
202117.7%▲ +0.7 pp
202017.0%▼ −1.4 pp
201918.4%▼ −0.9 pp
201819.3%▲ +0.1 pp
201719.2%▲ +2.0 pp
201617.3%▲ +0.8 pp
201516.4%▼ −1.5 pp
201418.0%▼ −0.6 pp
201318.6%▼ −1.7 pp
201220.2%▲ +1.3 pp
201118.9%▲ +0.3 pp
201018.6%▲ +1.1 pp
200917.6%▲ +0.2 pp
200817.3%▼ −0.2 pp
200717.6%▼ −0.8 pp
200618.4%▼ −2.6 pp
200521.0%▲ +1.0 pp
200420.0%▼ −3.2 pp
200323.2%▲ +3.1 pp
200220.1%▼ −4.0 pp
200124.0%▲ +2.5 pp
200021.5%▼ −3.3 pp
199924.7%▲ +1.8 pp
199823.0%▼ −0.2 pp
199723.2%▼ −3.4 pp
199626.6%▼ −2.9 pp
199529.5%

GDP from Industry — Palestine vs Peers

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

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More Palestine indicators

Understanding GDP from Industry — a simple guide

What it measures

Value added by industry — mining, manufacturing, construction, electricity, water and gas — as a share of GDP.

How it is calculated

Value added by mining, manufacturing, construction and utilities ÷ GDP × 100.

Simple example

A share of 25% means a quarter of output comes from industry.

▲ When it is high or rising

A higher share links the economy more closely to global demand and commodity prices.

▼ When it is low or falling

A lower share usually means services dominate.

Why it matters for the economy and markets

Industry is often more cyclical than services and more sensitive to global demand and commodity prices.

How to read it

Compare with manufacturing alone to separate factory output from mining and construction.

Data source

World Bank — World Development Indicators (series NV.IND.TOTL.ZS), annual data from 1994 to 2024. 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 from industry of Palestine?
Palestine gdp from industry was 16.3% in 2024, compared with 16.7% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest gdp from industry of Palestine?
Since 1994, the highest reading was 33.1% (1994) and the lowest was 16.3% (2024).
What does gdp from industry measure?
Value added by industry — mining, manufacturing, construction, electricity, water and gas — as a share of GDP.

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.