Current Account Balance in West Bank and Gaza
The current account balance in West Bank and Gaza averaged -13.0% of GDP in the decade to 2022. The 2022 reading was -15.0% of GDP. For more current account information, visit our dedicated page.
West Bank and Gaza Current Account Chart
Note: This chart displays Current Account (% of GDP) for West Bank and Gaza from 2013 to 2023.
Source: Macrobond.
West Bank and Gaza Current Account Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Current Account Balance (% of GDP) | -12.3 | -9.8 | -10.6 | -16.2 | -21.1 |
| Current Account Balance (USD bn) | -1.9 | -1.8 | -2.0 | -2.9 | -2.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects current account projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable current account forecast available for current account.
Download one of our sample reports to visualize what a Consensus Forecast is and see our current account projections.
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