Annual inflation, consumer prices in State of Palestine

State of Palestine: Annual inflation, consumer prices was 53.7% in 2024. ◆ Volatile

Latest (2024)
53.7%
Change on year
up 814.1%
Rank
3rd
of 19 regions
All-time high
53.7%
in 2024
All-time low
-0.7%
in 2020
Years of data
25
2000–2024

Annual inflation, consumer prices in State of Palestine, 2000–2024

02040602000201220242000: 2.82001: 1.22002: 5.72003: 4.42004: 32005: 4.12006: 3.82007: 1.92008: 9.92009: 2.82010: 3.72011: 2.92012: 2.82013: 1.72014: 1.72015: 1.42016: -0.2192017: 0.2132018: -0.1952019: 1.62020: -0.7352021: 1.22022: 3.72023: 5.92024: 53.7

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, annual inflation, consumer prices in State of Palestine stood at 53.7%. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 814.1% on the previous year and up 2,996.9% over ten years.

Over the whole period, annual inflation, consumer prices in State of Palestine peaked at 53.7% in 2024 and was at its lowest, -0.7%, in 2020.

The series is highly variable year to year, so single readings are best treated with caution.

Annual inflation, consumer prices in State of Palestine, year by year

Annual values for Annual inflation, consumer prices (%) in State of Palestine, 2000 to 2024.
Year Value Change
2000 2.8%
2001 1.2% -56.3%
2002 5.7% +366.9%
2003 4.4% -22.9%
2004 3.0% -31.8%
2005 4.1% +36.7%
2006 3.8% -6.4%
2007 1.9% -51.6%
2008 9.9% +431.8%
2009 2.8% -72.2%
2010 3.7% +36.1%
2011 2.9% -23.3%
2012 2.8% -3.4%
2013 1.7% -38.0%
2014 1.7% +0.5%
2015 1.4% -17.4%
2016 -0.2% -115.3%
2017 0.2% -197.0%
2018 -0.2% -191.8%
2019 1.6% -909.9%
2020 -0.7% -146.5%
2021 1.2% -268.3%
2022 3.7% +202.3%
2023 5.9% +56.9%
2024 53.7% +814.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.0% 1.2% 9.9% 10
2010s 1.6% -0.2% 3.7% 10
2020s 12.8% -0.7% 53.7% 5

Countries ranked near State of Palestine

  1. 1 Argentina 219.9% compare
  2. 2 Sudan 138.8% compare
  3. 3 Zimbabwe 104.7% compare
  4. 4 South Sudan 91.4% compare
  5. 5 Lebanon 45.2% compare
  6. 6 Nigeria 33.2% compare

See the full ranking of 223 places →

More development goals data for State of Palestine

All data for State of Palestine →

Frequently asked questions

What is annual inflation, consumer prices in State of Palestine?
Annual inflation, consumer prices in State of Palestine was 53.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in State of Palestine?
The highest recorded value was 53.7% in 2024.
What is the lowest annual inflation, consumer prices recorded in State of Palestine?
The lowest recorded value was -0.7% in 2020.
How does State of Palestine rank for annual inflation, consumer prices?
State of Palestine ranks 3rd out of 19 regions with data for 2024.
Is annual inflation, consumer prices rising or falling in State of Palestine?
Over the last ten years it is up 2,996.9%. The long-run trend across the full record is volatile.
Where does this State of Palestine data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

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Annual inflation, consumer prices in State of Palestine. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 26 August 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/state-of-palestine/

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About this data

Indicator
Annual inflation, consumer prices (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
223 places, 5,311 data points, 2000–2024
Last refreshed