The average inflation rate in Palestine was forecast to continuously increase between 2020 and 2023 by a total 6.58 percentage points. According to this forecast in 2024, the average inflation rate will have increased to 52.9 percent. However these figures have not been adjusted to account for the 2023 Israel-Hamas War. This indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.
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IMF. (April 22, 2025). West Bank & Gaza: inflation rate from 1997 to 2024 (compared to the previous year) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/1423576/inflation-rate-in-palestine/
IMF. "West Bank & Gaza: inflation rate from 1997 to 2024 (compared to the previous year)." Chart. April 22, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/1423576/inflation-rate-in-palestine/
IMF. (2025). West Bank & Gaza: inflation rate from 1997 to 2024 (compared to the previous year). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/1423576/inflation-rate-in-palestine/
IMF. "West Bank & Gaza: Inflation Rate from 1997 to 2024 (Compared to The Previous Year)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 22 Apr 2025, /statistics/1423576/inflation-rate-in-palestine/
IMF, West Bank & Gaza: inflation rate from 1997 to 2024 (compared to the previous year) ÌÇÐÄÆƽâ°æ, /statistics/1423576/inflation-rate-in-palestine/ (last visited July 21, 2026)
West Bank & Gaza: inflation rate from 1997 to 2024 (compared to the previous year) [Graph], IMF, April 22, 2025. [Online]. Available: /statistics/1423576/inflation-rate-in-palestine/
