Palestine: Agriculture value added

The latest value from 2024 is 0.88 billion U.S. dollars, a decline from 0.91 billion U.S. dollars in 2023. In comparison, the world average is 23.08 billion U.S. dollars, based on data from 179 countries. Historically, the average for Palestine from 1994 to 2024 is 0.75 billion U.S. dollars. The minimum value, 0.28 billion U.S. dollars, was reached in 2003 while the maximum of 1.21 billion U.S. dollars was recorded in 2019. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Agriculture corresponds to International Standard Industrial Classification (ISIC) divisions 1-5, while the origin of value added is determined by the ISIC, revision 3. Agriculture value added is the net output of the agriculture sector, including forestry, hunting and fishing, and cultivation of crops and livestock production, after adding up all outputs and subtracting intermediate inputs. Deductions for depreciation of fabricated assets and depletion and degradation of natural resources are not included in the calculation. Values are in billion U.S. dollars.