Asia · Western Asia

Palestine

State of Palestine · World’s #142 economy

Nominal GDP 2025
$17.2 billion
Population 2025
5.4 million
GDP per capita
$3,171
GDP growth 2025
4.3%
Flag of Palestine

Overview

Official name
State of Palestine
Capital
Ramallah
Region
Asia · Western Asia
Area
6,220 km²
Coordinates
31.90, 35.20
Languages
Arabic
Currency
Egyptian pound (EGP E£), Israeli new shekel (ILS ₪), Jordanian dinar (JOD JD)
Calling code · domain
+970 · .ps فلسطين.
ISO codes
PS / PSE
Borders
Israel Egypt Jordan

Map

Egypt · $365 billion Israel · $611 billion Iraq · $254 billion Jordan · $61.6 billion Lebanon · $26.0 billion Palestine · $17.2 billion Saudi Arabia · $1.28 trillion Syria · $23.7 billion
Click a neighbouring country to open its profile. Illustrative map; not a statement on borders.

Demographics

Population5.4 million2025
Population growth2.33%2025
Urban population87.4%2025
Population density857.4 people/km²2023
Life expectancy69.2 years2024
Adult literacy97.9%2024

Age structure (2025)

0–14: 37.6%15–64: 58.6%65+: 3.9%

Macroeconomy

Nominal GDP$17.2 billion2025
Real GDP growth4.3%2025
GDP per capita$3,1712025
GDP per capita (PPP)$4,3712024
GNI (PPP)$28.8 billion2025
Inflation (CPI)9.8%2025
Unemployment24.4%2022
Industry, % of GDP16.3%2024
Exports, % of GDP21.2%2025
Imports, % of GDP53.5%2025
Merchandise exports—
Merchandise imports—
FDI net inflows$162 million2024

Palestine ranks #142 in the world by nominal GDP (2025). Full ranking →

Business environment & logistics (micro)

Logistics Performance Index—
Import clearance time—
Total tax rate (% of profit)15.3%2017
Land area6,025 km²2023

The Logistics Performance Index (LPI) and import clearance time are published by the World Bank per survey round; total tax rate comes from the discontinued Doing Business data (2020).

Provinces, states & regions (16)

Governorate: 16

  • Bethlehem PS-BTH
  • Deir El Balah PS-DEB
  • Gaza PS-GZA
  • Hebron PS-HBN
  • Jenin PS-JEN
  • Jericho and Al Aghwar PS-JRH
  • Jerusalem PS-JEM
  • Khan Yunis PS-KYS
  • Nablus PS-NBS
  • North Gaza PS-NGZ
  • Qalqilya PS-QQA
  • Rafah PS-RFH
  • Ramallah PS-RBH
  • Salfit PS-SLT
  • Tubas PS-TBS
  • Tulkarm PS-TKM

Source: ISO 3166-2 (Debian iso-codes)

Seaports & logistics

No port data.

International shipping →

FTAs & trade blocs

Vietnam has no FTA with Palestine: MFN rates apply (if a WTO member).

Trade agreements in force (4)

Palestine is party to 4 regional/bilateral trade agreements in force (per the WTO). Agreements with a “Preferential rates” button are FTAs that Vietnam is also party to.

AgreementType / coverageIn forcePartners
United Kingdom - Palestine FTA
Goods
1 Jan 2021 United Kingdom United Kingdom
Türkiye - Palestine FTA
Goods
1 Jun 2005 Türkiye Türkiye
EFTA - Palestine FTA
Goods
1 Jul 1999 IcelandLiechtensteinNorwaySwitzerland
EU - Palestine FTA
Goods
1 Jul 1997 AustriaBelgiumBulgariaCroatiaCyprusCzechiaDenmarkEstoniaFinlandFrance +17

Source: WTO Regional Trade Agreements Database (retrieved 14 Oct 2026) plus additional agreements maintained by the administrator. Lists agreements notified to the WTO and in force.

Import regulations

Look up the importing country's duties, technical rules and procedures on the Global Trade Helpdesk (ITC/UNCTAD/WTO), Market Access Map (ITC) and WTO Tariff & Trade Data. Check Vietnam's FTAs with the importing country for preferential rates with valid proof of origin.

Global Trade Helpdesk ↗Market Access Map ↗WTO Tariff & Trade Data ↗

Sourcing from Vietnam

Buyers in Palestine can find Vietnamese suppliers by industry, in the factory directory and at international exhibitions in Vietnam:

Steel & steel structure manufacturing →International exhibitions in VietnamContact

Data: World Bank WDI (CC BY 4.0); mledoze/world-countries (ODbL); i18n-iso-countries (MIT); ISO 3166-2 – Debian iso-codes (LGPL); NGA World Port Index 2019; map @svg-maps/world (CC BY 4.0); flags flag-icons (MIT). For reference only.