Individual Determinants of Financial Inclusion in Palestine

Abstract

We used data from the 2017 World Bank Global Findex database to investigate the main individual characteristics that are associated to the financial inclusion in Palestine. To do so, logistic regression models are applied. The results indicate that being a rich, educated, employed male and being an older person increase the likelihood of being financially included. Findings also suggest that the barriers to financial inclusion, individuals' saving motivations as well as borrowing motivations differ according to individual characteristics.