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PPP conversion factor — all countries

PPP conversion factor — Palestine

PPP conversion factor in Palestine in 2025 — 0.634 per int$. Ranked 158 in the world out of 185. Since 1994, the indicator has risen by 10.8%.

2025 0.634 per int$ −0.08% vs 2024
World rank 158of 185
Period maximum 0.672 per int$2011
Period minimum 0.48 per int$2005

Trend over time

1994–2025 · local units per international $

PPP conversion factor — Palestine, 1994–20250.450.50.550.60.650.71994199820022006201020142018202220251994: 0.572 per int$1995: 0.604 per int$1996: 0.609 per int$1997: 0.576 per int$1998: 0.539 per int$1999: 0.515 per int$2000: 0.556 per int$2001: 0.557 per int$2002: 0.556 per int$2003: 0.534 per int$2004: 0.495 per int$2005: 0.48 per int$2006: 0.491 per int$2007: 0.501 per int$2008: 0.575 per int$2009: 0.582 per int$2010: 0.651 per int$2011: 0.672 per int$2012: 0.617 per int$2013: 0.657 per int$2014: 0.623 per int$2015: 0.567 per int$2016: 0.582 per int$2017: 0.593 per int$2018: 0.573 per int$2019: 0.562 per int$2020: 0.543 per int$2021: 0.65 per int$2022: 0.617 per int$2023: 0.584 per int$2024: 0.635 per int$2025: 0.634 per int$
Change over the period: +0.062 (+10.81%) Average annual rate: 0.33 %
PPP conversion factor — Palestine, by year Palestine All countries CSV XLSX
Year per int$ Change Change, %
2025 0.634 −0.001 −0.08%
2024 0.635 +0.051 +8.72%
2023 0.584 −0.033 −5.32%
2022 0.617 −0.033 −5.07%
2021 0.65 +0.107 +19.65%
2020 0.543 −0.019 −3.38%
2019 0.562 −0.011 −1.96%
2018 0.573 −0.02 −3.33%
2017 0.593 +0.011 +1.88%
2016 0.582 +0.015 +2.61%
2015 0.567 −0.056 −8.96%
2014 0.623 −0.034 −5.25%
2013 0.657 +0.041 +6.58%
2012 0.617 −0.055 −8.22%
2011 0.672 +0.021 +3.29%
2010 0.651 +0.069 +11.84%
2009 0.582 +0.007 +1.23%
2008 0.575 +0.074 +14.8%
2007 0.501 +0.01 +2.01%
2006 0.491 +0.011 +2.24%
2005 0.48 −0.015 −2.99%
2004 0.495 −0.039 −7.35%
2003 0.534 −0.022 −4.02%
2002 0.556 −0 −0.07%
2001 0.557 +0.001 +0.09%
2000 0.556 +0.041 +8%
1999 0.515 −0.024 −4.38%
1998 0.539 −0.037 −6.42%
1997 0.576 −0.033 −5.46%
1996 0.609 +0.005 +0.77%
1995 0.604 +0.032 +5.57%
1994 0.572 — —

Western Asia, 2025

The same indicator for neighboring countries — with links to their pages

IQ Iraq 492.934 AM Armenia 148.118 TR Türkiye 16.204 IL Israel 3.488 QA Qatar 2.048 SA Saudi Arabia 1.755 GE Georgia 0.904 PS Palestine 0.634 CY Cyprus 0.573 AZ Azerbaijan 0.482 JO Jordan 0.301 OM Oman 0.181 KW Kuwait 0.175 BH Bahrain 0.162
Full table for all countries

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Palestine

Economy GDP at purchasing power parity

The size of the economy in international dollars — adjusted for price differences between countries.

Palestine by year Economy GNI at purchasing power parity

The income of a country's residents converted by purchasing power rather than by the exchange rate.

Palestine by year Economy GDP per capita at PPP

The soundest measure of living standards: income per person adjusted for prices.

Palestine by year
All indicators for Palestine