West Bank and Gaza Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
West Bank and Gaza's interest rate spread was 3.32% in 2021, ranked 24th globally. This represents a 7.5% increase from 2020. Data from World Bank, covering 2004–2021.
Overview
West Bank and Gaza's interest rate spread stood at 3.32% in 2021, a rise of +0.23pp from 2020. West Bank and Gaza ranked 24th globally.
The West Bank and Gaza’s interest‑rate spread narrowed markedly over the 18‑year sample, falling from 6.21 % in 2004 to 3.32 % in 2021, which placed the territory 24th globally. The spread peaked at 6.89 % in 2013 before reaching its lowest point of 3.08 % in 2019, indicating a sustained compression of borrowing costs relative to risk‑free rates. This trajectory mirrors the modest spreads observed in peer economies such as South Africa (3.23 %) and Switzerland (3.06 %) in the same year, suggesting that regional financial conditions have converged toward lower risk premia. The decline reflects both improved macro‑economic stability and tighter monetary policy coordination with the Palestinian Monetary Authority. Continued fiscal consolidation and deeper integration with international capital markets could sustain the downward trend, whereas heightened political uncertainty or external shocks might reverse the spread’s contraction.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2021 | 3.32% | +0.23pp | #24 |
| 2020 | 3.09% | +0.01pp | #24 |
| 2019 | 3.08% | −0.53pp | #25 |
| 2018 | 3.61% | −0.79pp | #32 |
| 2017 | 4.40% | −0.74pp | #44 |
| 2016 | 5.14% | −0.71pp | #53 |
| 2015 | 5.84% | +0.26pp | #63 |
| 2014 | 5.58% | −1.31pp | #61 |
| 2013 | 6.89% | +0.38pp | #83 |
| 2012 | 6.51% | +0.25pp | #72 |
| 2011 | 6.26% | +0.21pp | #68 |
| 2010 | 6.04% | +0.26pp | #63 |
| 2009 | 5.78% | −0.60pp | #57 |
| 2008 | 6.38% | +1.42pp | #68 |
| 2007 | 4.96% | +0.21pp | #45 |
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 interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
West Bank and Gaza's interest rate spread was 3.32% in 2021. Ranked 24th globally. This represents a 7.5% increase from the previous year.
West Bank and Gaza's interest rate spread peaked at 6.89% in 2013.
The lowest interest rate spread in West Bank and Gaza was 3.08% in 2019.
West Bank and Gaza ranks 24th globally in interest rate spread as of 2021.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of West Bank and Gaza in 2021 was 3.32%. This ranks 24th in the world.
Cite this page
@misc{historysaid_west-bank-and-gaza_interest-rate-spread,
title = {West Bank and Gaza Interest Rate Spread},
url = {https://historysaid.com/west-bank-and-gaza/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}