West Bank and Gaza - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in West Bank and Gaza was $1,833,500,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between $3,189,600,000 in 2008 and $356,700,000 in 1998.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1994 $428,400,000
1995 $399,800,000
1996 $471,200,000
1997 $394,400,000
1998 $356,700,000
1999 $373,400,000
2000 $648,400,000
2001 $933,400,000
2002 $1,051,400,000
2003 $686,100,000
2004 $724,500,000
2005 $1,136,400,000
2006 $1,291,000,000
2007 $2,246,700,000
2008 $3,189,600,000
2009 $2,140,900,000
2010 $1,991,000,000
2011 $1,104,700,000
2012 $1,750,300,000
2013 $1,577,900,000
2014 $1,666,000,000
2015 $1,749,400,000
2016 $1,626,400,000
2017 $1,708,500,000
2018 $1,499,100,000
2019 $1,691,800,000
2020 $1,833,500,000

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in West Bank and Gaza was 1,833,500,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 3,189,600,000 in 2008 and a minimum value of 356,700,000 in 1998.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1994 428,400,000
1995 399,800,000
1996 471,200,000
1997 394,400,000
1998 356,700,000
1999 373,400,000
2000 648,400,000
2001 933,400,000
2002 1,051,400,000
2003 686,100,000
2004 724,500,000
2005 1,136,400,000
2006 1,291,000,000
2007 2,246,700,000
2008 3,189,600,000
2009 2,140,900,000
2010 1,991,000,000
2011 1,104,700,000
2012 1,750,300,000
2013 1,577,900,000
2014 1,666,000,000
2015 1,749,400,000
2016 1,626,400,000
2017 1,708,500,000
2018 1,499,100,000
2019 1,691,800,000
2020 1,833,500,000

Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in West Bank and Gaza was 2,756,215,000 as of 2012. As the graph below shows, over the past 18 years this indicator reached a maximum value of 10,261,400,000 in 2008 and a minimum value of 1,194,067,000 in 1995.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1994 1,410,486,000
1995 1,194,067,000
1996 1,415,722,000
1997 1,317,555,000
1998 1,372,940,000
1999 1,614,600,000
2000 2,586,720,000
2001 4,004,131,000
2002 5,401,230,000
2003 3,558,452,000
2004 3,228,736,000
2005 4,902,631,000
2006 5,274,396,000
2007 7,863,252,000
2008 10,261,400,000
2009 7,799,624,000
2010 4,809,462,000
2011 2,706,122,000
2012 2,756,215,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts