Account ownership at a financial institution or with a in Palestine, State of
Palestine, State of: Account ownership at a financial institution or with a was 49.1% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Palestine, State of, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 25+.
Analysis
In 2024, account ownership at a financial institution or with a in Palestine, State of stood at 49.1%. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 15.7% on the previous year and up 46.5% over ten years.
Over the whole period, account ownership at a financial institution or with a in Palestine, State of peaked at 49.1% in 2024 and was at its lowest, 25.6%, in 2011.
Palestine, State of ranks 93rd of 106 countries on this measure, in the bottom quarter.
Account ownership at a financial institution or with a in Palestine, State of, year by year
| Year | % of population ages 25+ | Change |
|---|---|---|
| 2011 | 25.6% | — |
| 2014 | 33.5% | +30.7% |
| 2017 | 33.1% | -1.2% |
| 2021 | 42.4% | +28.2% |
| 2024 | 49.1% | +15.7% |
Palestine, State of compared with similar countries
- Palestine, State of's 49.1% is below the median for lower middle income countries, which is 59.5%, 82% of the median. (22 countries reporting)
- Palestine, State of's 49.1% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 52.2%, 94% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 30.7% | 25.6% | 33.5% | 3 |
| 2020s | 45.7% | 42.4% | 49.1% | 2 |
Countries ranked near Palestine, State of
- 90 Zimbabwe 54.7% compare
- 91 Burkina Faso 53.6% compare
- 92 Malawi 51.9% compare
- 94 Albania 48.7% compare
- 95 Philippines 48.2% compare
- 96 El Salvador 45.3% compare
More financial sector data for Palestine, State of
- Total reserves in months of imports, annual growth rate 23.12 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Net domestic credit (current LCU), annual growth rate 6.34 % change on previous year (2025)
- Net domestic credit (current LCU), per unit of GDP 0.7396 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), per capita 2,345 current LCU per person (2025)
- Net foreign assets (current LCU), annual growth rate 27.58 % change on previous year (2025)
- Net foreign assets (current LCU), per unit of GDP 0.6879 current LCU per US$ of GDP (2025)
- Net foreign assets (current LCU), per capita 2,181 current LCU per person (2025)
- Net migration, annual growth rate -0.0475 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Palestine, State of?
- Account ownership at a financial institution or with a in Palestine, State of was 49.1% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Palestine, State of?
- The highest recorded value was 49.1% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Palestine, State of?
- The lowest recorded value was 25.6% in 2011.
- How does Palestine, State of rank for account ownership at a financial institution or with a?
- Palestine, State of ranks 93rd out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Palestine, State of?
- Over the last ten years it is up 46.5%. The long-run trend across the full record is rising.
- Where does this Palestine, State of data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, older adults (% of population ages 25+). Statizoid updates them automatically from the source API.
Download this data
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About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (older adults, % of population ages 25+).