The ratio of national debt to gross domestic product in Palestine was forecast to continuously increase between 2023 and 2028 by in total 3.49 percentage points. After the fifth consecutive increasing year, the ratio is estimated to reach 50.89 percent in 2028. It should be noted that these figures were published before the outbreak of the 2023 Israel-Hamas War, and do not account for its impact.
Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
West Bank & Gaza: national debt in relation to gross domestic product (GDP) from 2018 to 2028
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IMF. (October 5, 2023). West Bank & Gaza: national debt in relation to gross domestic product (GDP) from 2018 to 2028 [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1423593/national-debt-of-palestine-in-relation-to-gross-domestic-product-gdp/
IMF. "West Bank & Gaza: national debt in relation to gross domestic product (GDP) from 2018 to 2028." Chart. October 5, 2023. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1423593/national-debt-of-palestine-in-relation-to-gross-domestic-product-gdp/
IMF. (2023). West Bank & Gaza: national debt in relation to gross domestic product (GDP) from 2018 to 2028. Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1423593/national-debt-of-palestine-in-relation-to-gross-domestic-product-gdp/
IMF. "West Bank & Gaza: National Debt in Relation to Gross Domestic Product (Gdp) from 2018 to 2028." Statista, Statista Inc., 5 Oct 2023, https://www.statista.com/statistics/1423593/national-debt-of-palestine-in-relation-to-gross-domestic-product-gdp/
IMF, West Bank & Gaza: national debt in relation to gross domestic product (GDP) from 2018 to 2028 Statista, https://www.statista.com/statistics/1423593/national-debt-of-palestine-in-relation-to-gross-domestic-product-gdp/ (last visited July 23, 2024)
West Bank & Gaza: national debt in relation to gross domestic product (GDP) from 2018 to 2028 [Graph], IMF, October 5, 2023. [Online]. Available: https://www.statista.com/statistics/1423593/national-debt-of-palestine-in-relation-to-gross-domestic-product-gdp/