West Bank and Gaza Deposit Rate
Deposit interest rate FR.INR.DPST
West Bank and Gaza's deposit rate was 2.24% in 2021, ranked 58th globally. This represents a 7.9% decrease from 2020. Data from World Bank, covering 2004–2021.
Overview
West Bank and Gaza's deposit rate stood at 2.24% in 2021, a decline of +0.19pp from 2020. West Bank and Gaza ranked 58th globally.
The West Bank and Gaza’s deposit rate has risen to 2.24 % in 2021, placing the territory 58th in the World Bank’s global ranking and marginally above peers such as Belize (2.23 %) and St. Kitts and Nevis (2.26 %). The 18‑year series began in 2004 at 1.07 % and peaked at 3.02 % in 2007, a high point that coincided with a period of strong inflows into the local banking sector. A sharp contraction followed, driving the rate to a trough of 0.29 % in 2010 as regional economic uncertainty and limited credit demand suppressed deposit growth. Since that low, the rate has generally trended upward, reflecting gradual stabilization of the financial system and modest improvements in macro‑economic conditions. Continued fiscal consolidation and deeper integration with regional capital markets could sustain the upward trajectory, while renewed political instability would likely reverse it.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2021 | 2.24% | −0.19pp | #58 |
| 2020 | 2.43% | −0.42pp | #55 |
| 2019 | 2.85% | +0.59pp | #52 |
| 2018 | 2.27% | +0.87pp | #49 |
| 2017 | 1.39% | +0.38pp | #31 |
| 2016 | 1.01% | +0.08pp | #21 |
| 2015 | 0.94% | +0.11pp | #18 |
| 2014 | 0.83% | +0.20pp | #13 |
| 2013 | 0.62% | +0.17pp | #11 |
| 2012 | 0.46% | −0.07pp | #8 |
| 2011 | 0.53% | +0.24pp | #9 |
| 2010 | 0.29% | −0.11pp | #6 |
| 2009 | 0.40% | −0.40pp | #6 |
| 2008 | 0.81% | −2.21pp | #5 |
| 2007 | 3.02% | +0.04pp | #23 |
Detected Pattern
Analysis
West Bank and Gaza matched the Export Boom Cycle pattern in 2008. Historically, 71% of countries showing this pattern (546 out of 768) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
West Bank and Gaza's deposit rate was 2.24% in 2021. Ranked 58th globally. This represents a 7.9% decrease from the previous year.
West Bank and Gaza's deposit rate peaked at 3.02% in 2007.
The lowest deposit rate in West Bank and Gaza was 0.29% in 2010.
West Bank and Gaza ranks 58th globally in deposit rate as of 2021.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
The deposit rate of West Bank and Gaza in 2021 was 2.24%. This ranks 58th in the world.
Cite this page
@misc{historysaid_west-bank-and-gaza_deposit-rate,
title = {West Bank and Gaza Deposit Rate},
url = {https://historysaid.com/west-bank-and-gaza/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}