Budget balance in Palestine in 2024 — -3%. Ranked 104 in the world out of 195. Since 2009, the indicator has risen by 4.7 pp.
2009–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Palestine
| Year | % | Change, pp |
|---|---|---|
| 2024 | -3 | −2.1 pp |
| 2023 | -0.9 | +0 pp |
| 2022 | -0.9 | +4.3 pp |
| 2021 | -5.2 | +2.2 pp |
| 2020 | -7.4 | −2.9 pp |
| 2019 | -4.5 | −2 pp |
| 2018 | -2.5 | +0.3 pp |
| 2017 | -2.8 | −0.7 pp |
| 2016 | -2.1 | +2.6 pp |
| 2015 | -4.7 | −2.2 pp |
| 2014 | -2.5 | −1 pp |
| 2013 | -1.5 | +4.8 pp |
| 2012 | -6.3 | +0 pp |
| 2011 | -6.3 | −4.1 pp |
| 2010 | -2.2 | +5.5 pp |
| 2009 | -7.7 | — |
The same indicator for neighboring countries — with links to their pages
Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.
Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.
Source: World Economic Outlook (IMF), license IMF open data.
Gross general government debt as a percent of GDP.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
