Deposit interest rate (%) in Palestine
Palestine: Deposit interest rate (%) was 2.2% in 2021. ◆ Volatile
Deposit interest rate in Palestine, 2004–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, deposit interest rate in Palestine stood at 2.2%.
Compared with earlier readings it is down 7.9% on the previous year and up 323.0% over ten years.
Over the whole period, deposit interest rate in Palestine peaked at 3.0% in 2007 and was at its lowest, 0.3%, in 2010.
That places Palestine 105th out of 153 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit interest rate (%) in Palestine, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 1.1% | — |
| 2005 | 2.2% | +108.1% |
| 2006 | 3.0% | +32.7% |
| 2007 | 3.0% | +1.5% |
| 2008 | 0.8% | -73.3% |
| 2009 | 0.4% | -49.8% |
| 2010 | 0.3% | -28.2% |
| 2011 | 0.5% | +82.4% |
| 2012 | 0.5% | -13.5% |
| 2013 | 0.6% | +36.1% |
| 2014 | 0.8% | +32.6% |
| 2015 | 0.9% | +13.7% |
| 2016 | 1.0% | +8.1% |
| 2017 | 1.4% | +37.3% |
| 2018 | 2.3% | +62.6% |
| 2019 | 2.9% | +25.8% |
| 2020 | 2.4% | -14.8% |
| 2021 | 2.2% | -7.9% |
Palestine compared with similar countries
- Palestine's 2.2% is below the median for lower middle income countries, which is 5.2%, 43% of the median. (42 countries reporting)
- Palestine's 2.2% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.4%, 51% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | 0.4% | 3.0% | 6 |
| 2010s | 1.1% | 0.3% | 2.9% | 10 |
| 2020s | 2.3% | 2.2% | 2.4% | 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 deposit interest rate in Palestine?
- Deposit interest rate in Palestine was 2.2% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Palestine?
- The highest recorded value was 3.0% in 2007.
- What is the lowest deposit interest rate recorded in Palestine?
- The lowest recorded value was 0.3% in 2010.
- How does Palestine rank for deposit interest rate?
- Palestine ranks 105th out of 153 countries with data for 2021.
- Is deposit interest rate rising or falling in Palestine?
- Over the last ten years it is up 323.0%. The long-run trend across the full record is volatile.
- Where does this Palestine data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.