West Bank and Gaza - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in West Bank and Gaza was $17,802,590,000 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between $20,027,340,000 in 2019 and $3,665,299,000 in 2002.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1996 $3,796,526,000
1997 $4,399,230,000
1998 $4,930,189,000
1999 $5,134,330,000
2000 $4,537,628,000
2001 $4,093,011,000
2002 $3,665,299,000
2003 $4,329,075,000
2004 $5,317,263,000
2005 $5,925,215,000
2006 $5,827,071,000
2007 $6,263,578,000
2008 $7,323,323,000
2009 $8,299,406,000
2010 $9,508,077,000
2011 $11,175,430,000
2012 $12,759,180,000
2013 $14,150,620,000
2014 $14,857,580,000
2015 $15,666,020,000
2016 $17,032,320,000
2017 $17,506,620,000
2018 $19,140,220,000
2019 $20,027,340,000
2020 $17,802,590,000

GNI (current US$)

The latest value for GNI (current US$) in West Bank and Gaza was $18,107,200,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between $20,164,700,000 in 2019 and $3,206,000,000 in 1994.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1994 $3,206,000,000
1995 $3,722,600,000
1996 $3,834,000,000
1997 $4,280,100,000
1998 $4,786,500,000
1999 $5,025,000,000
2000 $4,819,100,000
2001 $4,322,700,000
2002 $3,774,700,000
2003 $4,212,700,000
2004 $4,831,300,000
2005 $5,474,700,000
2006 $5,770,900,000
2007 $6,368,300,000
2008 $7,981,700,000
2009 $8,617,800,000
2010 $10,280,600,000
2011 $11,935,600,000
2012 $13,065,900,000
2013 $14,675,800,000
2014 $15,472,300,000
2015 $15,684,800,000
2016 $17,301,100,000
2017 $18,257,000,000
2018 $19,063,900,000
2019 $20,164,700,000
2020 $18,107,200,000

GNI (current LCU)

The value for GNI (current LCU) in West Bank and Gaza was 18,107,200,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 20,164,700,000 in 2019 and a minimum value of 3,206,000,000 in 1994.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1994 3,206,000,000
1995 3,722,600,000
1996 3,834,000,000
1997 4,280,100,000
1998 4,786,500,000
1999 5,025,000,000
2000 4,819,100,000
2001 4,322,700,000
2002 3,774,700,000
2003 4,212,700,000
2004 4,831,300,000
2005 5,474,700,000
2006 5,770,900,000
2007 6,368,300,000
2008 7,981,700,000
2009 8,617,800,000
2010 10,280,600,000
2011 11,935,600,000
2012 13,065,900,000
2013 14,675,800,000
2014 15,472,300,000
2015 15,684,800,000
2016 17,301,100,000
2017 18,257,000,000
2018 19,063,900,000
2019 20,164,700,000
2020 18,107,200,000

GNI (constant 2010 US$)

The latest value for GNI (constant 2010 US$) in West Bank and Gaza was 16,275,530,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between 18,595,960,000 in 2019 and 5,693,091,000 in 1994.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1994 5,693,091,000
1995 6,130,780,000
1996 6,148,219,000
1997 7,132,393,000
1998 8,414,760,000
1999 9,107,294,000
2000 7,965,749,000
2001 6,972,107,000
2002 6,008,150,000
2003 6,849,366,000
2004 8,219,066,000
2005 9,290,291,000
2006 9,273,867,000
2007 9,738,496,000
2008 10,461,250,000
2009 11,114,000,000
2010 11,717,430,000
2011 12,956,620,000
2012 13,826,450,000
2013 14,635,360,000
2014 14,887,560,000
2015 15,684,800,000
2016 17,104,710,000
2017 17,419,600,000
2018 18,217,890,000
2019 18,595,960,000
2020 16,275,530,000

GNI (constant LCU)

The value for GNI (constant LCU) in West Bank and Gaza was 16,275,530,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 18,595,960,000 in 2019 and a minimum value of 5,693,091,000 in 1994.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1994 5,693,091,000
1995 6,130,780,000
1996 6,148,219,000
1997 7,132,393,000
1998 8,414,760,000
1999 9,107,294,000
2000 7,965,749,000
2001 6,972,107,000
2002 6,008,150,000
2003 6,849,366,000
2004 8,219,066,000
2005 9,290,291,000
2006 9,273,867,000
2007 9,738,496,000
2008 10,461,250,000
2009 11,114,000,000
2010 11,717,430,000
2011 12,956,620,000
2012 13,826,450,000
2013 14,635,360,000
2014 14,887,560,000
2015 15,684,800,000
2016 17,104,710,000
2017 17,419,600,000
2018 18,217,890,000
2019 18,595,960,000
2020 16,275,530,000

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in West Bank and Gaza was 31,801,710,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between 35,895,150,000 in 2019 and 5,844,310,000 in 1994.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1994 5,844,310,000
1995 6,426,436,000
1996 6,570,415,000
1997 7,759,796,000
1998 9,261,440,000
1999 10,171,490,000
2000 9,048,826,000
2001 8,116,456,000
2002 7,099,275,000
2003 8,245,413,000
2004 10,211,440,000
2005 11,915,930,000
2006 12,273,140,000
2007 13,265,900,000
2008 14,488,130,000
2009 15,491,360,000
2010 16,518,880,000
2011 18,568,280,000
2012 22,319,460,000
2013 23,691,830,000
2014 25,433,040,000
2015 28,541,930,000
2016 30,924,650,000
2017 32,283,130,000
2018 34,623,870,000
2019 35,895,150,000
2020 31,801,710,000

GNI, PPP (constant 2011 international $)

The latest value for GNI, PPP (constant 2011 international $) in West Bank and Gaza was 30,162,870,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between 34,463,240,000 in 2019 and 10,550,810,000 in 1994.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1994 10,550,810,000
1995 11,361,960,000
1996 11,394,280,000
1997 13,218,220,000
1998 15,594,780,000
1999 16,878,230,000
2000 14,762,650,000
2001 12,921,160,000
2002 11,134,700,000
2003 12,693,690,000
2004 15,232,110,000
2005 17,217,370,000
2006 17,186,940,000
2007 18,048,020,000
2008 19,387,480,000
2009 20,597,200,000
2010 21,715,500,000
2011 24,012,050,000
2012 25,624,080,000
2013 27,123,210,000
2014 27,590,590,000
2015 29,068,100,000
2016 31,699,570,000
2017 32,283,130,000
2018 33,762,590,000
2019 34,463,240,000
2020 30,162,870,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts