Macro Index Overview / Middle East & North Africa / PSE
West Bank and Gaza ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: PSE PS

West Bank and Gaza

National accounts data are provided in the US dollar.

Middle East & North Africa Lower middle income Blocs: Other

Global Rank (2023)

#165 / 205

Top 80% of global economies

Composite Score (2023)

43.8 / 100

Living Standard (2023)

$2,997

Subscore: 42.32 / 100

CPI Inflation (2023)

5.87%

Stability Score: 85.64 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 42.32

Raw: $2,997 (2015 USD)

Price Stability (25%) 85.64

Raw: 5.87% (Anchor: 3.0%)

External Solvency (25%) 0

Raw: -15.54% of GDP

Economic Scale (15%) 50.49

Raw: $18.6B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes West Bank and Gaza's global competitive ranking by accentuating its comparative strengths.

Peak Rank #87 / 205
Default Rank #165
+78 Ranks
Living Standards 0%
Baseline: 35%
Price Stability 100%
Baseline: 25%
External Solvency 0%
Baseline: 25%
Economic Scale 0%
Baseline: 15%

Policy Insight & Strategic Advantage: West Bank and Gaza benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, West Bank and Gaza's composite score climbs to 85.6 (compared to 43.8 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking West Bank and Gaza's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
West Bank and Gaza (PSE)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #165 / 205 โ€ข Composite Score: 43.8 / 100 โ€ข Living Standard: $2,997 โ€ข Inflation: 5.87%
#1#50#100#150#20019601970198019902000201020202025#165
Hover or click any node along the curve to inspect that historical year in real time
Primary: West Bank and Gaza Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B
West Bank and Gaza (PSE) Active#16543.8$2,9975.87%-15.54%$18.6B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for West Bank and Gaza

Metric:
Selected Era: 2023 ยท Click any node to select
1007550250โ€”19701970sโ€”19801980sโ€”19901990s44.520002000s46.920102010s44.720202020s43.82023Recent