Inflation in West Bank and Gaza
Consumer price inflation in West Bank and Gaza averaged 0.7% in the ten years to 2022. The 2022 average figure was 5.9%. For more inflation information, visit our dedicated page.
West Bank and Gaza Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for West Bank and Gaza from 2014 to 2024.
Source: Macrobond.
West Bank and Gaza Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 0.8 | 2.1 | 5.9 | 12.1 | 72.3 |
| Inflation (CPI, ann. var. %, eop) | 1.4 | 2.7 | 6.9 | 23.2 | 131.7 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects inflation projections for the next ten years from a panel of 3 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 inflation forecast available for inflation.
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