Bank deposits to GDP (%) in Palestine
Palestine: Bank deposits to GDP (%) was 85.8% in 2021. ▲ Rising
Bank deposits to GDP in Palestine, 1996–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank deposits to gdp in Palestine stood at 85.8%.
That represents a change of down 6.7% on the previous year and up 51.4% over ten years.
Over the whole period, bank deposits to gdp in Palestine peaked at 92.0% in 2020 and was at its lowest, 48.0%, in 1996.
That places Palestine 49th out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Bank deposits to GDP (%) in Palestine, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 48.0% | — |
| 1997 | 50.3% | +4.8% |
| 1998 | 55.5% | +10.2% |
| 1999 | 62.8% | +13.3% |
| 2000 | 77.4% | +23.2% |
| 2001 | 80.8% | +4.5% |
| 2002 | 86.5% | +7.0% |
| 2003 | 84.2% | -2.7% |
| 2004 | 78.3% | -7.0% |
| 2005 | 71.9% | -8.2% |
| 2006 | 74.0% | +2.9% |
| 2007 | 82.2% | +11.1% |
| 2008 | 73.9% | -10.1% |
| 2009 | 71.3% | -3.5% |
| 2010 | 63.0% | -11.7% |
| 2011 | 56.7% | -10.0% |
| 2012 | 55.4% | -2.2% |
| 2013 | 55.4% | +0.0% |
| 2014 | 57.3% | +3.3% |
| 2015 | 63.1% | +10.2% |
| 2016 | 63.2% | +0.1% |
| 2017 | 68.1% | +7.8% |
| 2018 | 70.0% | +2.7% |
| 2019 | 73.2% | +4.5% |
| 2020 | 92.0% | +25.7% |
| 2021 | 85.8% | -6.7% |
Palestine compared with similar countries
- Palestine's 85.8% is above the median for lower middle income countries, which is 33.0%, 2.6× the median. (46 countries reporting)
- Palestine's 85.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 80.8%, 1.1× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 54.2% | 48.0% | 62.8% | 4 |
| 2000s | 78.0% | 71.3% | 86.5% | 10 |
| 2010s | 62.5% | 55.4% | 73.2% | 10 |
| 2020s | 88.9% | 85.8% | 92.0% | 2 |
Countries ranked near Palestine
More financial sector data for Palestine
- 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 bank deposits to gdp in Palestine?
- Bank deposits to gdp in Palestine was 85.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Palestine?
- The highest recorded value was 92.0% in 2020.
- What is the lowest bank deposits to gdp recorded in Palestine?
- The lowest recorded value was 48.0% in 1996.
- How does Palestine rank for bank deposits to gdp?
- Palestine ranks 49th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Palestine?
- Over the last ten years it is up 51.4%. The long-run trend across the full record is rising.
- Where does this Palestine data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).