This name was fairly common in France, England and the United States in the early 20th century. It became quite popular in France and England at the end of the 20th century, just when it was at a low point in the United States. It quickly climbed the American charts and entered the top ten in 2014.
Among Christians, this name was originally more common in Eastern Europe. It was borne in the 12th century by Saint Elizabeth of Hungary, a daughter of King Andrew II who used her wealth to help the poor. In medieval England it was occasionally used in honour of the saint, though the form Isabel (from Occitan and Spanish) was more common. It has been very popular in England since the reign of Queen Elizabeth I in the 16th century. In American name statistics (as recorded since 1880) it has never ranked lower than 30, making it the most consistently popular name for girls in the United States.
Besides Elizabeth I, this name has been borne (in various spellings) by many other European royals, including a ruling empress of Russia in the 18th century. Famous modern bearers include the British queen Elizabeth II (1926-2022) and actress Elizabeth Taylor (1932-2011).
Though it has never been popular in the English-speaking world among Christians, it has historically been a common name for Jews, who have used it as an Americanized form of names such as Isaac, Israel and Isaiah.