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West Bank and Gaza Lending Rate

Lending interest rate  FR.INR.LEND

West Bank and Gaza's lending rate was 5.56% in 2021, ranked 29th globally. This represents a 0.7% increase from 2020. Data from World Bank, covering 2004–2021.

5.56% +0.04pp (+0.7%)
Year 2021 Rank #29 Global Peak 7.98% (2007) Source World Bank

West Bank and Gaza Lending Rate (2004–2021)

Overview

West Bank and Gaza's lending rate stood at 5.56% in 2021, a rise of +0.04pp from 2020. West Bank and Gaza ranked 29th globally.

West Bank and Gaza’s lending rate has fallen from a high of 7.98 % in 2007 to a trough of 5.52 % in 2020, reaching 5.56 % in 2021 and ranking 29th globally. The 18‑year series shows a gradual easing of credit costs after the 2007 peak, mirroring regional declines in borrowing rates during the post‑global‑financial‑crisis period. Compared with peer economies, the 2021 rate is close to Costa Rica’s 5.51 % and Romania’s 5.61 %, indicating a relatively competitive financing environment within the Middle‑East and North‑African context. The modest rise from the 2020 trough suggests that monetary authorities are balancing inflation pressures with the need to sustain investment. Continued moderation in the lending rate will likely depend on the trajectory of inflation, fiscal deficits and external financing conditions; a further decline would require sustained low inflation and stable external inflows, while any reversal could push rates upward.

Data & projection

Year Lending Rate YoY change Rank
2021 5.56% +0.04pp #29
2020 5.52% −0.41pp #24
2019 5.93% +0.06pp #26
2018 5.87% +0.08pp #26
2017 5.79% −0.36pp #37
2016 6.15% −0.63pp #39
2015 6.78% +0.37pp #41
2014 6.41% −1.11pp #39
2013 7.52% +0.55pp #45
2012 6.97% +0.18pp #36
2011 6.79% +0.45pp #35
2010 6.33% +0.15pp #34
2009 6.19% −1.00pp #31
2008 7.19% −0.79pp #32
2007 7.98% +0.25pp #32
Show all years (2004-2021)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +43.6% GDP growth 7.4% C/A balance 5.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

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 lending rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is West Bank and Gaza's lending rate?▾

West Bank and Gaza's lending rate was 5.56% in 2021. Ranked 29th globally. This represents a 0.7% increase from the previous year.

What was the highest lending rate in West Bank and Gaza?▾

West Bank and Gaza's lending rate peaked at 7.98% in 2007.

What was the lowest lending rate in West Bank and Gaza?▾

The lowest lending rate in West Bank and Gaza was 5.52% in 2020.

How does West Bank and Gaza rank in lending rate?▾

West Bank and Gaza ranks 29th globally in lending rate as of 2021.

What is the World Bank indicator code for lending rate?▾

The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.

What is the lending rate of West Bank and Gaza in 2021?▾

The lending rate of West Bank and Gaza in 2021 was 5.56%. This ranks 29th in the world.

Cite this page

APA
West Bank and Gaza Lending Rate. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/west-bank-and-gaza/lending-rate/
BibTeX
@misc{historysaid_west-bank-and-gaza_lending-rate, title = {West Bank and Gaza Lending Rate}, url = {https://historysaid.com/west-bank-and-gaza/lending-rate/}, publisher = {HistorySaid}, year = {2026} }
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