National debt of Palestine in relation to gross domestic product (GDP) 2023

The ratio of national debt to gross domestic product in Palestine was forecast to continuously increase between 2013 and 2023 by in total 19.46 percentage points. After the fifth consecutive increasing year, the ratio is estimated to reach 49.69 percent in 2023. It should be noted that these figures were published before the outbreak of the 2023 Israel-Hamas War, and do not account for its impact. 
Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.