Account ownership at a financial institution … poorest in Palestine

Palestine: Account ownership at a financial institution … poorest was 33.1% in 2024. ▲ Rising

Latest (2024)
33.1%
Change on year
up 89.8%
World rank
94th
of 102 countries
All-time high
33.1%
in 2024
All-time low
8.0%
in 2011
Years of data
5
2011–2024

Account ownership at a financial institution or with a in Palestine, 2011–2024

1020302011201720242011: 8 % of population ages 15+2014: 15.6 % of population ages 15+2017: 12 % of population ages 15+2021: 17.4 % of population ages 15+2024: 33.1 % of population ages 15+

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 stood at 33.1%. That is the highest value across all 5 years on record.

The figure is up 89.8% on the previous year and up 111.7% over ten years.

Over the whole period, account ownership at a financial institution or with a in Palestine peaked at 33.1% in 2024 and was at its lowest, 8.0%, in 2011.

That places Palestine 94th out of 102 countries with data for 2024, putting it in the bottom quarter.

Account ownership at a financial institution … poorest in Palestine, year by year

Annual values for Account ownership at a financial institution or with a mobile-money-service provider, poorest 40% (% of population ages 15+) in Palestine, 2011 to 2024.
Year % of population ages 15+ Change
2011 8.0% —
2014 15.6% +95.6%
2017 12.0% -23.4%
2021 17.4% +45.6%
2024 33.1% +89.8%

Palestine compared with similar countries

  • Palestine's 33.1% is below the median for lower middle income countries, which is 44.9%, 74% of the median. (21 countries reporting)
  • Palestine's 33.1% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 34.4%, 96% of the median. (10 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 11.9% 8.0% 15.6% 3
2020s 25.3% 17.4% 33.1% 2

Countries ranked near Palestine

  1. 91 Bangladesh 35.5% compare
  2. 92 Philippines 34.4% compare
  3. 93 Honduras 33.7% compare
  4. 95 Algeria 31.2% compare
  5. 96 Albania 30.2% compare
  6. 97 Guatemala 28.3% compare

See the full ranking of 114 places →

More financial sector data for Palestine

All data for Palestine →

Frequently asked questions

What is account ownership at a financial institution or with a in Palestine?
Account ownership at a financial institution or with a in Palestine was 33.1% 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?
The highest recorded value was 33.1% in 2024.
What is the lowest account ownership at a financial institution or with a recorded in Palestine?
The lowest recorded value was 8.0% in 2011.
How does Palestine rank for account ownership at a financial institution or with a?
Palestine ranks 94th out of 102 countries with data for 2024.
Is account ownership at a financial institution or with a rising or falling in Palestine?
Over the last ten years it is up 111.7%. The long-run trend across the full record is rising.
Where does this Palestine 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, poorest 40% (% of population ages 15+). Statizoid updates them automatically from the source API.

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Account ownership at a financial institution or with a in Palestine. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 10 November 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider/west-bank-and-gaza/

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About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, poorest 40% (% of population ages 15+)
Unit
% of population ages 15+
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed

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 (poorest 40%, share of population ages 15+).