Formal Borrowing Statistics in Israel (2026)
According to World Bank Global Findex data, 79.5% of adults in Israel borrowed from a formal financial institution in 2021. Up from 78.8% in 2017 to 79.5% in 2021 (+0.7 percentage points). Israel ranks #1 of 18 economies in Middle East, North Africa, Afghanistan & Pakistan on this measure, and #2 of 142 globally.
Key Statistics
- Latest value (2021)
- 79.5% (2021)
- Formal Borrowing in Israel as of 2021, the most recent observation in World Bank Global Findex data.
- Change since 2017
- +0.7 pp (2021)
- Up from 78.8% in 2017 to 79.5% in 2021 (+0.7 percentage points).
- Earliest value in this dataset (2014)
- 78.9% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 78.9% in 2014 to 79.5% in 2021.
- Record high (2021)
- 79.5% (2021)
- The 2021 value is the highest in the available World Bank Global Findex series for Israel.
- Rank in Middle East, North Africa, Afghanistan & Pakistan
- #1 of 18 (2021)
- Israel ranks 1 of 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data, based on each country's latest value.
- Global rank
- #2 of 142 (2021)
- Israel ranks 2 of 142 countries with data globally.
- Middle East, North Africa, Afghanistan & Pakistan average
- 15.7% (2021)
- Israel (79.5%) is above the average of 15.7% across the 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data.
- Among women (2021)
- 80.5% (2021)
- Value for women in Israel, same 2021 World Bank Global Findex data.
- Among men (2021)
- 78.5% (2021)
- Value for men in Israel, same 2021 World Bank Global Findex data.
- Gender gap (women minus men)
- +2 pp (2021)
- In 2021, the figure was 80.5% for women and 78.5% for men — 2 percentage points higher among women.
- Among the poorest 40% (2021)
- 71.4% (2021)
- Value for adults in the poorest 40% of households in Israel in 2021.
- Poorest-40% gap vs national
- −8.1 pp (2021)
- The poorest 40% (71.4%) are 8.1 percentage points below the national figure (79.5%).
- Internet use in Israel (2024)
- 88.2% (2024)
- 88.2% of the population in Israel used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 10 million (2024)
- Israel had a population of 10 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2021
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2021 | 79.5% | +0.7 pp |
| 2017 | 78.8% | −0.1 pp |
| 2014 | 78.9% | — |
Frequently asked questions
What share of adults in Israel borrowed from a formal financial institution?
79.5% of adults in Israel borrowed from a formal financial institution in 2021, according to World Bank Global Findex data.
Is there a gender gap in formal borrowing in Israel?
Yes — in 2021 the figure was 80.5% for women and 78.5% for men, a gap of 2 percentage points in favor of women.
How recent is the formal borrowing data for Israel?
The most recent observation is from 2021. World Bank Global Findex data is reported with a lag, so 2021 is the latest available year for Israel.
Where does the formal borrowing data for Israel come from?
The data comes from the World Bank Global Findex (indicator fin22a). The latest observation for Israel is from 2021; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank Global Findex, indicator
fin22a, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .