Israel: economy

What is Israel's GDP growth rate?

Israel's GDP grew at a seasonally adjusted annualised rate of 14.9% in the second quarter of 2026, after falling at a rate of 1.7% in the first quarter, according to Central Bureau of Statistics (CBS) national accounts data in the Bank of Israel series database. For full years, GDP grew 3.5% in 2025 and 1.7% in 2024, according to the annual series.

Israeli quarterly growth is quoted as an annualised rate, so a single quarter's change is compounded over four quarters, which makes swings look large. The quarterly path in 2025 and 2026 includes sharp falls and rebounds around periods of conflict. CBS publishes a first, second and third estimate for each quarter, and earlier quarters are revised as fuller data arrive.

Official sources: Bank of Israel series database · annual series

What is the inflation rate in Israel?

Consumer prices in Israel were 1.5% higher in August 2026 than a year earlier, according to the Central Bureau of Statistics consumer price index. Prices rose 0.7% in the month. The annual rate was 1.6% in June and 1.5% in July 2026.

The Bank of Israel's September 2026 decision noted that inflation had been below the midpoint of its target range. CBS publishes the index in the middle of each month for the previous month, and it is the index used to link wages, rents and many contracts. The index base is the 2024 average equal to 100; in August 2026 it stood at 105.8.

Official sources: Central Bureau of Statistics consumer price index

What is the Bank of Israel interest rate?

The Bank of Israel interest rate is 3.25%, according to the Bank of Israel interest rate series. The Monetary Committee lowered it from 3.5% to 3.25% in its decision of 1 September 2026, the third cut of 2026 after cuts in January and July and a cut to 3.75% in May.

The rate is the one the Bank of Israel charges and pays banks on their short-term transactions with it,, and it feeds through to prime-linked mortgages and loans. The Monetary Committee's next scheduled decision is on 21 October 2026. The series shows the new rate applying from 3 September 2026.

Official sources: Bank of Israel interest rate series · decision of 1 September 2026

What is the shekel to dollar exchange rate?

The Bank of Israel's representative exchange rate was 3.074 shekels to the US dollar on 13 October 2026, according to the Bank of Israel exchange rate series. During October 2026 the rate moved between 3.053 and 3.084.

The representative rate is set by the Bank of Israel once each business day from market trading, and it is the rate used in many contracts, tax calculations and official statistics. It is not the rate a bank or exchange office offers to customers, which includes a margin. A lower number means a stronger shekel: fewer shekels are needed to buy one dollar.

Official sources: Bank of Israel exchange rate series

How much does Israel export?

Israel exported 154.0 billion dollars of goods and services in 2024 and imported 141.0 billion dollars, a trade surplus of 13.0 billion dollars, according to the Central Bureau of Statistics booklet Israel in Figures 2025. Services made up 84.0 billion dollars of exports, more than goods.

Goods exports in foreign trade statistics were 60.3 billion dollars, of which 58.4 billion was manufacturing, mining and quarrying. The totals for goods and services together follow balance of payments definitions and are seasonally adjusted, while the goods-only figures follow foreign trade statistics, so the two do not add up exactly. Services imports were 44.6 billion dollars.

Official sources: Israel in Figures 2025

What is Israel's GDP per capita?

Israel's GDP per capita was NIS 201,200 in 2024 at current prices, according to the Central Bureau of Statistics booklet Israel in Figures 2025. In real terms it fell 0.3% on 2023, while total GDP grew 1.0%, because the population grew faster than output that year.

In dollars, the IMF World Economic Outlook database puts GDP per capita at about 60,900 dollars in 2025 and projects about 72,400 dollars for 2026. The dollar figures move with the shekel exchange rate as well as with output, so a stronger shekel raises GDP per capita in dollars even when real growth is unchanged.

Official sources: Israel in Figures 2025 · IMF World Economic Outlook database

What is Israel's economic growth rate?

2.9%: that is real GDP growth in Israel for 2025, according to the World Bank. Its high point since 2005 was 2021, at 9.3%; its low point was 2020, at -1.8%. Across Middle East, North Africa, Afghanistan & Pakistan the middle value was 3.5%, and Israel placed 10th highest of 17. Of 180 countries with 2025 data, 101st highest.

What is GDP per capita in Israel?

The latest figure from the World Bank, for 2025, is $60,337. No year since 2005 has been higher. Middle East, North Africa, Afghanistan & Pakistan median: $6,051; Israel is 2nd highest of 17. Worldwide: 16th of 180.

What is Israel's GDP per capita at PPP?

According to the World Bank, GDP per person at purchasing power parity in Israel was $59,717 in international dollars in 2025. No year since 2005 has been higher. Middle East, North Africa, Afghanistan & Pakistan median: $19,699 in international dollars; Israel is 5th highest of 17. World rank, highest first: 31st of 179.

What share of Israel's economy is exports?

27.6% of GDP: that is exports of goods and services in Israel for 2025, according to the World Bank. Its high point since 2005 was 2006, at 39.1% of GDP; its low point was 2020, at 27.2% of GDP. It is 7th highest of 11 in Middle East, North Africa, Afghanistan & Pakistan, where the median is 29.7% of GDP. Worldwide: 87th of 133.

Does Israel have a current account surplus or deficit?

According to the IMF, the current account balance in Israel was 2.0% of GDP in 2025. The peak was 4.6% of GDP in 2015 and the low -0.3% of GDP in 2012. Across Middle East, North Africa, Afghanistan & Pakistan the middle value was -0.6% of GDP, and Israel placed 4th highest of 12. World rank, highest first: 36th of 132.

How much foreign investment does Israel receive?

According to the IMF, net inflows of foreign direct investment in Israel was 4.3% of GDP in 2025. The peak was 9.1% of GDP in 2006 and the low 1.9% of GDP in 2014. Middle East, North Africa, Afghanistan & Pakistan median: 1.8% of GDP; Israel is 3rd highest of 17. Worldwide: 42nd of 179.

How high are loan rates in Israel?

The latest figure from the IMF, for 2022, is 3.0%. No year since 2013 has been lower. Across Middle East, North Africa, Afghanistan & Pakistan the middle value was 6.0%, and Israel placed 6th highest of 6. Of 96 countries with 2022 data, 94th highest.