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 39.6% 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 15+.
Analysis
In 2024, account ownership at a financial institution or with a in Palestine, State of stood at 39.6%. That is the highest value across all 5 years on record.
That represents a change of up 17.8% on the previous year and up 63.4% over ten years.
Over the whole period, account ownership at a financial institution or with a in Palestine, State of peaked at 39.6% in 2024 and was at its lowest, 19.4%, in 2011.
That places Palestine, State of 103rd out of 117 countries with data for 2024, putting it in the bottom quarter.
Account ownership at a financial institution or with a in Palestine, State of, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 19.4% | — |
| 2014 | 24.2% | +24.8% |
| 2017 | 25.0% | +3.2% |
| 2021 | 33.6% | +34.5% |
| 2024 | 39.6% | +17.8% |
Palestine, State of compared with similar countries
- Palestine, State of's 39.6% is below the median for lower middle income countries, which is 56.2%, 70% of the median. (28 countries reporting)
- Palestine, State of's 39.6% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 43.1%, 92% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 22.9% | 19.4% | 25.0% | 3 |
| 2020s | 36.6% | 33.6% | 39.6% | 2 |
Countries ranked near Palestine, State of
- 100 Bangladesh 43.3% compare
- 101 Egypt 43.1% compare
- 102 Honduras 42.4% compare
- 104 Congo, Democratic Republic of the 39.2% compare
- 105 Cambodia 39.0% compare
- 106 Sierra Leone 38.6% 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 39.6% 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 39.6% 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 19.4% in 2011.
- How does Palestine, State of rank for account ownership at a financial institution or with a?
- Palestine, State of ranks 103rd out of 117 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 63.4%. 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 (% of population ages 15+). Statizoid updates them automatically from the source API.
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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 (% age 15+).