In this paper, we propose a new frame rate up conversion method for multiview video. The proposed method uses the depth map and neighboring view information for the improvement of motion estimation and compensation accuracy. In details, it decomposes a block into multiple layers with depth map. Then it estimates the occluded regions in the lower layer using their neighboring view information, which consequently leads more accurate motion estimation and compensation. The experimental results show that the proposed method highly improves the quality of the interpolated frames compared to the conventional methods.