Private Sector Credit Statistics in Palestine (2026)
According to World Bank World Development Indicators data, domestic credit to the private sector in Palestine came to 68.5% of GDP in 2024. Up from 55.1% of GDP in 2023 to 68.5% of GDP in 2024 (+13.4 percentage points). Palestine ranks #5 of 16 economies in Middle East, North Africa, Afghanistan & Pakistan on this measure, and #40 of 160 globally.
Key Statistics
- Latest value (2024)
- 68.5% of GDP (2024)
- Private Sector Credit in Palestine as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +13.4 pp (2024)
- Up from 55.1% of GDP in 2023 to 68.5% of GDP in 2024 (+13.4 percentage points).
- Earliest value in this dataset (1998)
- 18% of GDP (1998)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 18% of GDP in 1998 to 68.5% of GDP in 2024.
- Record high (2024)
- 68.5% of GDP (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Palestine.
- Rank in Middle East, North Africa, Afghanistan & Pakistan
- #5 of 16 (2024)
- Palestine ranks 5 of 16 countries in Middle East, North Africa, Afghanistan & Pakistan with data, based on each country's latest value.
- Global rank
- #40 of 160 (2024)
- Palestine ranks 40 of 160 countries with data globally.
- Middle East, North Africa, Afghanistan & Pakistan average
- 48.6% of GDP (2024)
- Palestine (68.5% of GDP) is above the average of 48.6% of GDP across the 16 countries in Middle East, North Africa, Afghanistan & Pakistan with data.
- Domestic credit to private sector by banks (% of GDP) (2024)
- 68.5% (2024)
- Related indicator from World Bank World Development Indicators.
- 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, 1998–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 68.5% | +13.4 pp |
| 2023 | 55.1% | +7.3 pp |
| 2022 | 47.7% | +0.4 pp |
| 2021 | 47.3% | −4.9 pp |
| 2020 | 52.2% | +7.3 pp |
| 2019 | 44.9% | +0.1 pp |
| 2018 | 44.8% | +3.1 pp |
| 2017 | 41.7% | +5.2 pp |
| 2016 | 36.5% | +3.9 pp |
| 2015 | 32.6% | +5.3 pp |
| 2014 | 27.3% | +3.2 pp |
| 2013 | 24.1% | +0.1 pp |
| 2012 | 24% | +1.1 pp |
| 2011 | 23% | +1.6 pp |
| 2010 | 21.4% | +1.8 pp |
| 2009 | 19.5% | +2.0 pp |
| 2008 | 17.6% | −5.3 pp |
| 2007 | 22.9% | −3.3 pp |
| 2006 | 26.2% | −0.2 pp |
| 2005 | 26.4% | +3.3 pp |
| 2004 | 23.1% | +1.4 pp |
| 2003 | 21.7% | −2.5 pp |
| 2002 | 24.2% | +2.8 pp |
| 2001 | 21.4% | −0.1 pp |
| 2000 | 21.5% | +0.1 pp |
| 1999 | 21.4% | +3.3 pp |
| 1998 | 18% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in Palestine?
Domestic credit to the private sector in Palestine stood at 68.5% of GDP in 2024, according to World Bank World Development Indicators data.
How has private sector credit in Palestine changed over time?
World Bank World Development Indicators data show a rise from 18% of GDP in 1998 to 68.5% of GDP in 2024.
How does Palestine compare with other countries in Middle East, North Africa, Afghanistan & Pakistan?
Palestine ranks 5 of 16 countries in Middle East, North Africa, Afghanistan & Pakistan with data, with 68.5% of GDP versus a regional average of 48.6% of GDP (latest values per country).
Where does Palestine rank globally on private sector credit?
Palestine ranks 40 of 160 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
How recent is the private sector credit data for Palestine?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Palestine.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, 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 .