Services share of GDP — all countries

Services share of GDP — Palestine

Services share of GDP in Palestine in 2024 — 60.2%. Ranked 73 in the world out of 189. Since 1994, the indicator has risen by 6.7 pp.

2024 60.2% +1.4 pp vs 2023
World rank 73of 189
Period maximum 66.4%2002
Period minimum 51.5%1996

Trend over time

1994–2024 · % of GDP

Services share of GDP — Palestine, 1994–20245055606570199419972000200320062009201220152018202120241994: 53.5%1995: 52.2%1996: 51.5%1997: 54.8%1998: 54.4%1999: 53.3%2000: 58.3%2001: 60%2002: 66.4%2003: 62.8%2004: 57.4%2005: 57.3%2006: 58.3%2007: 60.5%2008: 57.5%2009: 57.8%2010: 57.7%2011: 60.2%2012: 60%2013: 60.8%2014: 61.4%2015: 61.7%2016: 61%2017: 59%2018: 60%2019: 61.1%2020: 60.6%2021: 60.1%2022: 58.3%2023: 58.8%2024: 60.2%
Change over the period: +6.7 pp Annual average: 0.22 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Palestine

Palestine 60.2%
World 63.3%
Western Asia computed 54.4%
Services share of GDP — Palestine, by year Palestine All countries CSV XLSX
Year % Change, pp
2024 60.2 +1.4 pp
2023 58.8 +0.5 pp
2022 58.3 −1.7 pp
2021 60.1 −0.5 pp
2020 60.6 −0.6 pp
2019 61.1 +1.1 pp
2018 60 +1 pp
2017 59 −2 pp
2016 61 −0.7 pp
2015 61.7 +0.3 pp
2014 61.4 +0.7 pp
2013 60.8 +0.8 pp
2012 60 −0.2 pp
2011 60.2 +2.5 pp
2010 57.7 −0.1 pp
2009 57.8 +0.4 pp
2008 57.5 −3 pp
2007 60.5 +2.3 pp
2006 58.3 +0.9 pp
2005 57.3 −0.1 pp
2004 57.4 −5.4 pp
2003 62.8 −3.6 pp
2002 66.4 +6.4 pp
2001 60 +1.7 pp
2000 58.3 +5 pp
1999 53.3 −1.1 pp
1998 54.4 −0.4 pp
1997 54.8 +3.3 pp
1996 51.5 −0.7 pp
1995 52.2 −1.3 pp
1994 53.5

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

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