Palestine: Lending interest rate
* indicates monthly or quarterly data series
| Palestine |
Interest rates on bank credit to the private sector |
|---|---|
| Latest value | 5.56 |
| Year | 2021 |
| Measure | percent |
| Data availability | 2004 - 2021 |
| Average | 6.63 |
| Min - Max | 5.52 - 7.98 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2021 is 5.56 percent, an increase from 5.52 percent in 2020. In comparison, the world average is 9.98 percent, based on data from 107 countries. Historically, the average for Palestine from 2004 to 2021 is 6.63 percent. The minimum value, 5.52 percent, was reached in 2020 while the maximum of 7.98 percent was recorded in 2007.
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* indicates monthly or quarterly data series
| Recent values | Palestine: Lending interest rate |
|---|---|
| 2021 | 5.56 |
| 2020 | 5.52 |
| 2019 | 5.93 |
| 2018 | 5.87 |
| 2017 | 5.79 |
| 2016 | 6.15 |
| 2015 | 6.78 |
| 2014 | 6.41 |
The lending interest rate in Palestine shown below is the interest rate on credits from banks to prime borrowers, i.e. to the lowest risk borrowers in the private sector. That includes firms and households.
Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Bank cost to income ratio | 61.20 | 2015 | percent |
| Non-performing loans | 3.42 | 2023 | percent |
| Bank overhead cost | 3.11 | 2015 | percent |
| Net interest margin | 4.36 | 2015 | percent |
| Bank credit to deposits | 55.37 | 2021 | percent |
| Return on assets | 1.89 | 2015 | percent |
| Return on equity | 16.91 | 2015 | percent |
| Liquid assets to deposits | 34.82 | 2015 | percent |
| Non-interest income to total income | 34.01 | 2015 | percent |
| Lending interest rate | 5.56 | 2021 | percent |
| Real interest rate | -3.12 | 2021 | percent |