Formal & Mobile Money Savings Statistics in Palestine (2026)
9.6% of adults in Palestine saved at a formal financial institution or using a mobile money account in 2024, World Bank Global Findex data show. Up from 7% in 2021 to 9.6% in 2024 (+2.5 percentage points). Palestine ranks #14 of 18 economies in Middle East, North Africa, Afghanistan & Pakistan on this measure, and #133 of 142 globally.
Key Statistics
- Latest value (2024)
- 9.6% (2024)
- Formal & Mobile Money Savings in Palestine as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +2.5 pp (2024)
- Up from 7% in 2021 to 9.6% in 2024 (+2.5 percentage points).
- Earliest value in this dataset (2011)
- 5.5% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 5.5% in 2011 to 9.6% in 2024.
- Record high (2024)
- 9.6% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for Palestine.
- Rank in Middle East, North Africa, Afghanistan & Pakistan
- #14 of 18 (2024)
- Palestine ranks 14 of 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data, based on each country's latest value.
- Global rank
- #133 of 142 (2024)
- Palestine ranks 133 of 142 countries with data globally.
- Middle East, North Africa, Afghanistan & Pakistan average
- 18.6% (2024)
- Palestine (9.6%) is below the average of 18.6% across the 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data.
- Saved at a bank or similar financial institution (% age 15+) (2024)
- 8.8% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in Palestine (2023)
- 86.6% (2023)
- 86.6% of the population in Palestine used the internet in 2023 (World Bank); shown for context only.
- Population (2024)
- 5.3 million (2024)
- Palestine had a population of 5.3 million in 2024 (World Bank); shown for scale only.
Trend, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 9.6% | +2.5 pp |
| 2021 | 7% | +1.0 pp |
| 2017 | 6% | +0.9 pp |
| 2014 | 5.1% | −0.4 pp |
| 2011 | 5.5% | — |
Frequently asked questions
What share of adults in Palestine saved at a formal financial institution or using a mobile money account?
9.6% of adults in Palestine saved at a formal financial institution or using a mobile money account in 2024, according to World Bank Global Findex data.
Where does the formal & mobile money savings data for Palestine come from?
The data comes from the World Bank Global Findex (indicator fin17a.17a1.d). The latest observation for Palestine is from 2024; the snapshot was retrieved on 2026-06-10.
How has formal & mobile money savings in Palestine changed over time?
World Bank Global Findex data show a rise from 5.5% in 2011 to 9.6% in 2024.
How does Palestine compare with other countries in Middle East, North Africa, Afghanistan & Pakistan?
Palestine ranks 14 of 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data, with 9.6% versus a regional average of 18.6% (latest values per country).
Source & methodology
Source: World Bank Global Findex, indicator
fin17a.17a1.d, 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 .