West Bank and Gaza: Broad money (% of GDP)

Key figures

What the numbers say

In 2024, West Bank and Gaza's broad money (% of GDP) rose 21.79 percentage points on 2023 (from 88.57% to 110.36%).

Across the 25 yearly changes before that (1999 to 2023), the average change was +1.33 percentage points and a typical year strayed about 6.91 percentage points from that (the standard deviation). This year's change was 3.0 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 21.79 percentage points in 2024 and the biggest yearly fall was 8.5 percentage points in 2004. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 4.4 percentage points a year. A straight line explains 80% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 111.05% for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 8.49%, against 10.95% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2024, West Bank and Gaza had the 7th highest value of the 33 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to West Bank and Gaza in the 2024 ranking

• United Kingdom — 3rd of 33: 141.91%
• Thailand — 4th of 33: 140.98%
• United Arab Emirates — 5th of 33: 114.14%
• Czechia — 7th of 33: 87.03%
• Bhutan — 8th of 33: 83.35%
• Vanuatu — 9th of 33: 82.93%

What this measures

Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 27 values

Broad money (% of GDP) in nearby economies

• Afghanistan — 37.51% (2020)
• Algeria — 75.15% (2025)
• Bahrain — 82.13% (2015)
• Djibouti — 71.07% (2024)
• Egypt, Arab Rep. — 77.35% (2025)
• Iran, Islamic Rep. — 79.14% (2016)
• Iraq — 47.87% (2024)
• Israel — 103.73% (2025)
• Jordan — 105.08% (2025)
• Kuwait — 87.43% (2025)
• Lebanon — 260.62% (2017)
• Libya — 64.41% (2021)

More financial sector data for West Bank and Gaza

• GDP deflator (base year varies by country) — 137.75 (2025)
• GDP deflator, linked series (base year varies by country) — 137.75 (2025)
• DEC alternative conversion factor (LCU per US$) — US$1 (2025)
• Inflation, GDP deflator (annual % growth) — 2.72% (2025)
• Inflation, GDP deflator, linked series (annual % growth) — 2.72% (2025)
• Domestic credit to private sector by banks (% of GDP) — 56.44% (2025)
• Consumer price index (2010 = 100) — 209.56 (2025)
• Inflation, consumer prices (annual % growth) — 9.81% (2025)
• Net domestic credit (current LCU)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is West Bank and Gaza's broad money (% of GDP)?

110.36% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1998?

It is up 55.07 percentage points from 55.3% in 1998. The highest value was 110.36% in 2024 and the lowest 55.3% in 1998.

Source

World Bank, World Development Indicators, indicator FM.LBL.BMNY.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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