Economy of Israel. Statistics, Data and Indicators
Israel
| 76A+ | Credit rank #35 |
| 152.25 | Quality of life #29 |
| 36 | Corruption rank#33 |
| 35 | Ease of doing business#49 |
Israel Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 482 USD Billion | 2021 |
| GDP Annual Growth Rate | 5.83 % | 3Q/22 |
| GDP Growth Rate | 0.5 % | 3Q/22 |
| GDP per capita | 39913 USD | 2021 |
| Inflation Rate YoY | 5.1 % | Oct/22 |
| Interest Rate | 3.25 % | Nov/22 |
| Unemployment Rate | 4.1 % | Oct/22 |
| Wages | 12274 ILS/Month | 3620.863 USD/Month | Aug/22 |
| Balance of Trade | -3549 USD Million | -3.549 B USD | Oct/22 |
| Current Account | 4149 USD Million | 4.149 B USD | 2Q/22 |
| Foreign Exchange Reserves | 188842 USD Million | 188.842 B USD | Oct/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 482 USD Billion | 2021 |
| GDP Annual Growth Rate | 5.83 % | 3Q/22 |
| GDP Growth Rate | 0.5 % | 3Q/22 |
| GDP per capita | 39913 USD | 2021 |
| Gross National Product | 433528 ILS Million | 127.892 USD Billion | 3Q/22 |
| GDP Constant Prices | 397436 ILS Million | 117.245 B USD | 3Q/22 |
| GDP per capita PPP | 41582 USD | 2021 |
| GDP From Agriculture | 4130 ILS Million | 1.218 B USD | 2Q/22 |
| GDP From Construction | 19266 ILS Million | 5.684 B USD | 2Q/22 |
| GDP From Manufacturing | 44043 ILS Million | 12.993 B USD | 1Q/22 |
| GDP From Public Administration | 54459 ILS Million | 16.066 B USD | 3Q/22 |
| GDP From Services | 36065 ILS Million | 10.639 B USD | 1Q/21 |
| GDP From Transport | 11233 ILS Million | 3.314 B USD | 2Q/22 |
| GDP From Utilities | 5709 ILS Million | 1.684 B USD | 2Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 68.8 % | 2021 |
| Government Budget Value | -3100 ILS Million | -0.915 USD Billion | Oct/22 |
| Government Spending | 81205 ILS Million | 23.956 USD Billion | 3Q/22 |
| Government Revenues | 38434 ILS Million | 11.338 USD Billion | Oct/22 |
| Fiscal Expenditure | 41479 ILS Million | 12.236 B USD | Oct/22 |
| Government Budget to GDP | -5.5 % | 2021 |
| Government Spending to GDP | 42.5 % | 2021 |
| Military Expenditure | 24341 USD Million | 24.341 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 108 index points | Oct/22 |
| Export Prices | 110 index points | 2Q/22 |
| Food Inflation | 4.4 % | Oct/22 |
| Gasoline Prices | 1.88 USD/Liter | Nov/22 |
| GDP Deflator | 112 index points | 3Q/22 |
| Import Prices | 126 index points | 2Q/22 |
| Inflation Rate YoY | 5.1 % | Oct/22 |
| Producer Prices | 122 index points | Oct/22 |
| Inflation Rate Mom | 0.6 % | Oct/22 |
| Core Consumer Prices | 107 Index Points | Oct/22 |
| Core Inflation Rate | 4.99 % | Oct/22 |
| CPI Housing Utilities | 108 Index Points | Oct/22 |
| CPI Transportation | 113 Index Points | Oct/22 |
| Inflation Expectations | 3.1 % | Oct/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 4.7 % | 2021 |
| Weapons Sales | 606 USD Million | 2021 |
| Balance of Trade | -3549 USD Million | -3.549 USD Billion | Oct/22 |
| Capital Flows | -2196 USD Million | -2.196 USD Billion | 2Q/22 |
| Current Account | 4149 USD Million | 4.149 USD Billion | 2Q/22 |
| Exports | 4671 USD Million | 4.671 USD Billion | Oct/22 |
| External Debt | 161362 USD Million | 161.362 USD Billion | 2Q/22 |
| Foreign Exchange Reserves | 188842 USD Million | 188.842 USD Billion | Oct/22 |
| Imports | 8220 USD Million | 8.22 USD Billion | Oct/22 |
| Terms of Trade | 87.69 Index Points | 2Q/22 |
| Tourist Arrivals | 334 Thousand Persons | 0.334 Million Persons | Oct/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 3.87 % | Aug/22 |
| Interbank Rate | 3.46 % | Dec/22 |
| Interest Rate | 3.25 % | Nov/22 |
| Loans to Private Sector | 607.34 ILS Billion | 170.33 USD Billion | May/18 |
| Money Supply M1 | 654142 ILS Million | 192.974 USD Billion | Oct/22 |
| Money Supply M2 | 1388650 ILS Million | 409.655 USD Billion | Sep/22 |
| Money Supply M3 | 1770409 ILS Million | 522.275 B USD | Aug/22 |
| Central Bank Balance Sheet | 785190 NIS Million | 231.633 B USD | Aug/22 |
| Deposit Interest Rate | 2.02 % | 2022 |
| Foreign Direct Investment | 112334 USD Million | 112.334 B USD | 2Q/22 |
| Private Sector Credit | 1355659 ILS Million | 399.923 B USD | Sep/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 5400 ILS/Month | 1593.014 USD/Month | 2022 |
| Retirement Age Men | 67 | 2022 |
| Retirement Age Women | 62 | 2022 |
| Unemployment Rate | 4.1 % | Oct/22 |
| Wages | 12274 ILS/Month | 3620.863 USD/Month | Aug/22 |
| Employed Persons | 4219 Thousand Person | 4.219 Million Person | 3Q/22 |
| Employment Rate | 60.9 % | Sep/22 |
| Job Vacancies | 146787 | 146.787 K | Oct/22 |
| Labor Force Participation Rate | 63.5 % | Sep/22 |
| Unemployed Persons | 178 Thousand Persons | 0.178 Million Persons | 3Q/22 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 23 % | 2022 |
| Personal Income Tax Rate | 50 % | 2022 |
| Sales Tax Rate | 17 % | 2022 |
| Social Security Rate | 19.6 % | 2022 |
| Social Security Rate For Companies | 7.6 % | 2022 |
| Social Security Rate For Employees | 12 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 0 BBL/D/1K | May/22 |
| Industrial Production | 17.76 % | Aug/22 |
| Mining Production | 7.35 % | Aug/22 |
| Industrial Production (MoM) | 2.2 % | Aug/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 25.7 index points | Oct/22 |
| Corruption Index | 59 index points | 2021 |
| Corruption Rank | 36 place | 2021 |
| Ease of Doing Business | 35 place | 2019 |
| Manufacturing PMI | 53.6 index points | Oct/22 |
| Manufacturing Production | 18.1 % | Aug/22 |
| Competitiveness Index | 76.74 Index Points | 2019 |
| Competitiveness Rank | 20 | 2019 |
| Economic Optimism Index | 141 Index Points | Sep/22 |
| Leading Economic Index | 0.07 % | Sep/22 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -16.24 index points | Oct/22 |
| Private Debt To GDP | 124 % | 2016 |
| Retail Sales MoM | 4.4 % | Sep/22 |
| Retail Sales YoY | 2.63 % | Sep/22 |
| Consumer Credit | 748 ILS Billion | 220.662 USD Billion | Aug/22 |
| Consumer Spending | 202612 ILS Million | 59.771 USD Billion | 3Q/22 |
| Households Debt To GDP | 44.2 % | 1Q/22 |
