Goods balance (credit less debit), Net (credits less debits) in West Bank and Gaza
West Bank and Gaza: Goods balance (credit less debit), Net (credits less debits) was -4.50 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in West Bank and Gaza, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, goods balance (credit less debit), net (credits less debits) in West Bank and Gaza stood at -4.50 billion.
Compared with earlier readings it is up 36.8% on the previous year and up 7.2% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in West Bank and Gaza peaked at -2.62 billion in 2005 and was at its lowest, -7.55 billion, in 2022.
West Bank and Gaza ranks 145th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Goods balance (credit less debit), Net (credits less debits) in West Bank and Gaza, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -2.62 billion | — |
| 2006 | -2.67 billion | +1.8% |
| 2007 | -2.84 billion | +6.4% |
| 2008 | -3.13 billion | +10.4% |
| 2009 | -3.37 billion | +7.7% |
| 2010 | -3.45 billion | +2.4% |
| 2011 | -3.78 billion | +9.5% |
| 2012 | -4.14 billion | +9.4% |
| 2013 | -4.68 billion | +13.2% |
| 2014 | -4.85 billion | +3.7% |
| 2015 | -4.51 billion | -7.2% |
| 2016 | -4.75 billion | +5.5% |
| 2017 | -4.99 billion | +4.9% |
| 2018 | -5.39 billion | +8.2% |
| 2019 | -5.52 billion | +2.3% |
| 2020 | -4.78 billion | -13.3% |
| 2021 | -6.02 billion | +25.9% |
| 2022 | -7.55 billion | +25.3% |
| 2023 | -7.12 billion | -5.6% |
| 2024 | -4.50 billion | -36.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.93 billion | -3.37 billion | -2.62 billion | 5 |
| 2010s | -4.61 billion | -5.52 billion | -3.45 billion | 10 |
| 2020s | -6.00 billion | -7.55 billion | -4.50 billion | 5 |
Countries ranked near West Bank and Gaza
More financial sector data for West Bank and Gaza
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 30.88 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2017)
- Gold reserves at market value 0 SDR (2017)
- Reserves excluding gold, foreign exchange 1.33 billion SDR (2025)
- Reserves excluding gold 1.33 billion SDR (2025)
- Total reserves (gold at market value) 1.33 billion SDR (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)
- Reserves excluding gold (SDR), annual growth rate 30.88 % change on previous year (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in West Bank and Gaza?
- Goods balance (credit less debit), net (credits less debits) in West Bank and Gaza was -4.50 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in West Bank and Gaza?
- The highest recorded value was -2.62 billion in 2005.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in West Bank and Gaza?
- The lowest recorded value was -7.55 billion in 2022.
- How does West Bank and Gaza rank for goods balance (credit less debit), net (credits less debits)?
- West Bank and Gaza ranks 145th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in West Bank and Gaza?
- Over the last ten years it is up 7.2%. 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 Goods 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.