Palestine recorded a Current Account deficit of 21.10 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Palestine averaged -16.98 percent of GDP from 1998 until 2024, reaching an all time high of -8.10 percent of GDP in 2007 and a record low of -34.95 percent of GDP in 1999. source: Palestine Monetary Authority
Current Account to GDP in Palestine is expected to reach -18.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Palestine Current Account to GDP is projected to trend around -14.00 percent of GDP in 2026 and -12.00 percent of GDP in 2027, according to our econometric models.