Current account balance (credit less debit), Net (credits less) in West Bank and Gaza
West Bank and Gaza: Current account balance (credit less debit), Net (credits less) was -2.90 billion in 2024. ▼ Falling
Current account balance (credit less debit), Net (credits less debits) in West Bank and Gaza, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in West Bank and Gaza is -2.90 billion, measured in 2024. That is the lowest value across all 20 years on record.
The figure is down 0.1% on the previous year and down 52.5% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in West Bank and Gaza peaked at 380.60 million in 2008 and was at its lowest, -2.90 billion, in 2024.
That places West Bank and Gaza 164th out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Current account balance (credit less debit), Net (credits less) in West Bank and Gaza, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.37 billion | — |
| 2006 | -1.23 billion | -9.7% |
| 2007 | -418.53 million | -66.1% |
| 2008 | 380.60 million | -190.9% |
| 2009 | -1.14 billion | -400.4% |
| 2010 | -1.31 billion | +14.3% |
| 2011 | -2.07 billion | +58.3% |
| 2012 | -1.82 billion | -12.0% |
| 2013 | -2.00 billion | +9.6% |
| 2014 | -1.90 billion | -4.8% |
| 2015 | -1.94 billion | +2.0% |
| 2016 | -2.14 billion | +10.5% |
| 2017 | -2.13 billion | -0.6% |
| 2018 | -2.14 billion | +0.5% |
| 2019 | -1.78 billion | -16.9% |
| 2020 | -1.90 billion | +6.9% |
| 2021 | -1.78 billion | -6.6% |
| 2022 | -2.04 billion | +14.5% |
| 2023 | -2.90 billion | +42.2% |
| 2024 | -2.90 billion | +0.1% |
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in West Bank and Gaza changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -400.4% | 380.60 million | -1.14 billion |
| 2008 | +190.9% | -418.53 million | 380.60 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -756.03 million | -1.37 billion | 380.60 million | 5 |
| 2010s | -1.92 billion | -2.14 billion | -1.31 billion | 10 |
| 2020s | -2.30 billion | -2.90 billion | -1.78 billion | 5 |
Countries ranked near West Bank and Gaza
More financial sector data for West Bank and Gaza
- Total reserves (gold at national valuation) (SDR), annual growth rate 30.88 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2017)
- Reserves excluding gold, foreign exchange 1.33 billion SDR (2025)
- Reserves excluding gold 1.33 billion SDR (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 30.88 % change on previous year (2025)
- Reserves excluding gold (SDR), annual growth rate 30.88 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 30.88 % change on previous year (2025)
- Total reserves (gold at national valuation) 1.33 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 30.88 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 30.88 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in West Bank and Gaza?
- Current account balance (credit less debit), net (credits less debits) in West Bank and Gaza was -2.90 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in West Bank and Gaza?
- The highest recorded value was 380.60 million in 2008.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in West Bank and Gaza?
- The lowest recorded value was -2.90 billion in 2024.
- How does West Bank and Gaza rank for current account balance (credit less debit), net (credits less debits)?
- West Bank and Gaza ranks 164th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in West Bank and Gaza?
- Over the last ten years it is down 52.5%. The long-run trend across the full record is falling.
- Where does this West Bank and Gaza data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.