Current account balance in US dollars — all countries

Current account balance in US dollars — Palestine

Current account balance in US dollars in Palestine in 2024 — -2.9 bn US$. Ranked 157 in the world out of 194. Since 1994, the indicator has fallen by 245.1%.

2024 -2.9 bn US$ −24.85% vs 2023
World rank 157of 194
Period maximum 0.38 bn US$2008
Period minimum -2.9 bn US$2024

Trend over time

1994–2024 · billion US$

Current account balance in US dollars — Palestine, 1994–2024-3-2-101199419972000200320062009201220152018202120241994: -0.84 bn US$1995: -1.04 bn US$1996: -1.06 bn US$1997: -1.18 bn US$1998: -1.08 bn US$1999: -1.49 bn US$2000: -0.86 bn US$2001: -0.83 bn US$2002: -0.49 bn US$2003: -1.07 bn US$2004: -1.59 bn US$2005: -1.37 bn US$2006: -1.23 bn US$2007: -0.42 bn US$2008: 0.38 bn US$2009: -1.14 bn US$2010: -1.31 bn US$2011: -2.07 bn US$2012: -1.82 bn US$2013: -2 bn US$2014: -1.9 bn US$2015: -1.94 bn US$2016: -2.14 bn US$2017: -2.13 bn US$2018: -2.14 bn US$2019: -1.78 bn US$2020: -1.9 bn US$2021: -1.78 bn US$2022: -2.04 bn US$2023: -2.32 bn US$2024: -2.9 bn US$
Change over the period: −2.06 (−245.12%)

Comparison, 2024

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

Palestine -2.9 bn US$
World computed 468.03 bn US$
Middle East & North Africa computed 141.11 bn US$
Western Asia computed 142 bn US$
Lower-middle-income countries computed -57 bn US$
Current account balance in US dollars — Palestine, by year Palestine All countries CSV XLSX
Year bn US$ Change Change, %
2024 -2.9 −0.58 −24.85%
2023 -2.32 −0.29 −13.99%
2022 -2.04 −0.26 −14.57%
2021 -1.78 +0.13 +6.57%
2020 -1.9 −0.12 −6.97%
2019 -1.78 +0.36 +16.87%
2018 -2.14 −0.01 −0.47%
2017 -2.13 +0.01 +0.61%
2016 -2.14 −0.2 −10.52%
2015 -1.94 −0.04 −2%
2014 -1.9 +0.1 +4.81%
2013 -2 −0.18 −9.67%
2012 -1.82 +0.25 +12.03%
2011 -2.07 −0.76 −58.38%
2010 -1.31 −0.17 −14.95%
2009 -1.14 −1.52 −398.43%
2008 0.38 +0.8 +190.93%
2007 -0.42 +0.82 +66.05%
2006 -1.23 +0.13 +9.6%
2005 -1.37 +0.22 +14.04%
2004 -1.59 −0.52 −48.27%
2003 -1.07 −0.59 −120.37%
2002 -0.49 +0.34 +41.3%
2001 -0.83 +0.03 +3.38%
2000 -0.86 +0.63 +42.29%
1999 -1.49 −0.41 −38.01%
1998 -1.08 +0.11 +8.89%
1997 -1.18 −0.13 −11.84%
1996 -1.06 −0.02 −1.54%
1995 -1.04 −0.2 −23.81%
1994 -0.84

About the indicator

The current account balance in billions of US dollars: trade in goods and services, income from investment and labor, and current transfers, all together. A positive value means a country exports capital, a negative one that it imports it. By definition the sum over all countries of the world should be zero, but in practice it fails to balance by several hundred billion: the discrepancy comes from countries recording the same flows differently.

Important: The same indicator as a percent of GDP is available separately, and for comparing countries it suits better. The absolute value is needed to see the scale of the flows in the world economy.

Source: World Economic Outlook (IMF), license IMF open data.