Domestic credit to private sector in Palestine, State of
Palestine, State of: Domestic credit to private sector was 52.3% in 2020. ▲ Rising
Domestic credit to private sector in Palestine, State of, 1998–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Palestine, State of is 52.3%, measured in 2020. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 16.7% on the previous year and up 145.0% over ten years.
Over the whole period, domestic credit to private sector in Palestine, State of peaked at 52.3% in 2020 and was at its lowest, 17.6%, in 2008.
That places Palestine, State of 87th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Domestic credit to private sector in Palestine, State of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1998 | 18.0% | — |
| 1999 | 21.4% | +18.5% |
| 2000 | 21.5% | +0.5% |
| 2001 | 21.4% | -0.4% |
| 2002 | 24.2% | +13.0% |
| 2003 | 21.7% | -10.3% |
| 2004 | 23.1% | +6.6% |
| 2005 | 26.4% | +14.4% |
| 2006 | 26.2% | -0.9% |
| 2007 | 22.9% | -12.8% |
| 2008 | 17.6% | -23.2% |
| 2009 | 19.5% | +11.2% |
| 2010 | 21.4% | +9.3% |
| 2011 | 23.0% | +7.5% |
| 2012 | 24.0% | +4.7% |
| 2013 | 24.1% | +0.3% |
| 2014 | 27.3% | +13.3% |
| 2015 | 32.6% | +19.3% |
| 2016 | 36.5% | +12.0% |
| 2017 | 41.7% | +14.3% |
| 2018 | 44.8% | +7.4% |
| 2019 | 44.9% | +0.0% |
| 2020 | 52.3% | +16.7% |
Palestine, State of compared with similar countries
- Palestine, State of's 52.3% is above the median for lower middle income countries, which is 24.7%, 2.1× the median. (46 countries reporting)
- Palestine, State of's 52.3% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 60.3%, 87% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.7% | 18.0% | 21.4% | 2 |
| 2000s | 22.5% | 17.6% | 26.4% | 10 |
| 2010s | 32.0% | 21.4% | 44.9% | 10 |
| 2020s | 52.3% | 52.3% | 52.3% | 1 |
Countries ranked near Palestine, State of
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 domestic credit to private sector in Palestine, State of?
- Domestic credit to private sector in Palestine, State of was 52.3% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Palestine, State of?
- The highest recorded value was 52.3% in 2020.
- What is the lowest domestic credit to private sector recorded in Palestine, State of?
- The lowest recorded value was 17.6% in 2008.
- How does Palestine, State of rank for domestic credit to private sector?
- Palestine, State of ranks 87th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Palestine, State of?
- Over the last ten years it is up 145.0%. The long-run trend across the full record is rising.
- Where does this Palestine, State of data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.