The total consumer spending in Israel was forecast to continuously increase between 2024 and 2029 by in total 59.6 billion U.S. dollars (+23.71 percent). After the sixth consecutive increasing year, the consumer spending is estimated to reach 311.2 billion U.S. dollars and therefore a new peak in 2029. Consumer spending here refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending in countries like Iran and Iraq.

The gini index in Israel was forecast to continuously decrease between 2024 and 2029 by in total 0.01 points. The gini is estimated to amount to 0.37 points in 2029. The Gini coefficient here measures the degree of income inequality on a scale from 0 (=total equality of incomes) to one (=total inequality).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the gini index in countries like Jordan and Lebanon.

Graph and download economic data for Financial System Deposits to GDP for Israel (DDDI08ILA156NWDB) from 1960 to 2021 about Israel, deposits, financial, and GDP.

IL: Monetary Survey: Money Plus Quasi Money data was reported at 800,883.582 ILS mn in 2009. This records an increase from the previous number of 757,744.533 ILS mn for 2008. IL: Monetary Survey: Money Plus Quasi Money data is updated yearly, averaging 17.095 ILS mn from Dec 1950 (Median) to 2009, with 60 observations. The data reached an all-time high of 800,883.582 ILS mn in 2009 and a record low of 0.020 ILS mn in 1951. IL: Monetary Survey: Money Plus Quasi Money data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Monetary: Annual.

Israel IL: Monetary Authorities: Claims on Government data was reported at 21,591.000 ILS mn in 2009. This records an increase from the previous number of 3,870.000 ILS mn for 2008. Israel IL: Monetary Authorities: Claims on Government data is updated yearly, averaging 7.535 ILS mn from Dec 1950 (Median) to 2009, with 60 observations. The data reached an all-time high of 21,591.000 ILS mn in 2009 and a record low of 0.010 ILS mn in 1954. Israel IL: Monetary Authorities: Claims on Government data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Monetary Authorities: Annual.

Israel: Bank concentration: percent of bank assets held by top three banks: The latest value from 2021 is 75.76 percent, an increase from 74.46 percent in 2020. In comparison, the world average is 67.43 percent, based on data from 135 countries. Historically, the average for Israel from 2000 to 2021 is 75.83 percent. The minimum value, 68.64 percent, was reached in 2016 while the maximum of 82.06 percent was recorded in 2015.

Israel Gross External Debt: Banking System data was reported at 13.995 USD bn in 2017. This records a decrease from the previous number of 14.489 USD bn for 2016. Israel Gross External Debt: Banking System data is updated yearly, averaging 24.026 USD bn from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 30.449 USD bn in 2011 and a record low of 13.995 USD bn in 2017. Israel Gross External Debt: Banking System data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.JB007: Gross External Debt: Annual.

Israel IL: Monetary Survey: Money data was reported at 127,510.426 ILS mn in 2009. This records an increase from the previous number of 95,506.839 ILS mn for 2008. Israel IL: Monetary Survey: Money data is updated yearly, averaging 5.264 ILS mn from Dec 1950 (Median) to 2009, with 60 observations. The data reached an all-time high of 127,510.426 ILS mn in 2009 and a record low of 0.020 ILS mn in 1951. Israel IL: Monetary Survey: Money data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Monetary: Annual.

Abstract

Financial inclusion is critical in reducing poverty and achieving inclusive economic growth. When people can participate in the financial system, they are better able to start and expand businesses, invest in their children’s education, and absorb financial shocks. Yet prior to 2011, little was known about the extent of financial inclusion and the degree to which such groups as the poor, women, and rural residents were excluded from formal financial systems.

By collecting detailed indicators about how adults around the world manage their day-to-day finances, the Global Findex allows policy makers, researchers, businesses, and development practitioners to track how the use of financial services has changed over time. The database can also be used to identify gaps in access to the formal financial system and design policies to expand financial inclusion.

Geographic coverage

Sample excludes East Jerusalem. This area is included in the sample for West Bank and Gaza.

Analysis unit

Individuals

Universe

The target population is the civilian, non-institutionalized population 15 years and above.

Kind of data

Observation data/ratings [obs]

Sampling procedure

The indicators in the 2017 Global Findex database are drawn from survey data covering almost 150,000 people in 144 economies-representing more than 97 percent of the world’s population (see table A.1 of the Global Findex Database 2017 Report for a list of the economies included). The survey was carried out over the 2017 calendar year by Gallup, Inc., as part of its Gallup World Poll, which since 2005 has annually conducted surveys of approximately 1,000 people in each of more than 160 economies and in over 150 languages, using randomly selected, nationally representative samples. The target population is the entire civilian, noninstitutionalized population age 15 and above. Interview procedure Surveys are conducted face to face in economies where telephone coverage represents less than 80 percent of the population or where this is the customary methodology. In most economies the fieldwork is completed in two to four weeks.

In economies where face-to-face surveys are conducted, the first stage of sampling is the identification of primary sampling units. These units are stratified by population size, geography, or both, and clustering is achieved through one or more stages of sampling. Where population information is available, sample selection is based on probabilities proportional to population size; otherwise, simple random sampling is used. Random route procedures are used to select sampled households. Unless an outright refusal occurs, interviewers make up to three attempts to survey the sampled household. To increase the probability of contact and completion, attempts are made at different times of the day and, where possible, on different days. If an interview cannot be obtained at the initial sampled household, a simple substitution method is used.

Respondents are randomly selected within the selected households. Each eligible household member is listed and the handheld survey device randomly selects the household member to be interviewed. For paper surveys, the Kish grid method is used to select the respondent. In economies where cultural restrictions dictate gender matching, respondents are randomly selected from among all eligible adults of the interviewer’s gender.

In economies where telephone interviewing is employed, random digit dialing or a nationally representative list of phone numbers is used. In most economies where cell phone penetration is high, a dual sampling frame is used. Random selection of respondents is achieved by using either the latest birthday or household enumeration method. At least three attempts are made to reach a person in each household, spread over different days and times of day.

The sample size was 1000.

Mode of data collection

Computer Assisted Personal Interview [capi]

Research instrument

The questionnaire was designed by the World Bank, in conjunction with a Technical Advisory Board composed of leading academics, practitioners, and policy makers in the field of financial inclusion. The Bill and Melinda Gates Foundation and Gallup Inc. also provided valuable input. The questionnaire was piloted in multiple countries, using focus groups, cognitive interviews, and field testing. The questionnaire is available in more than 140 languages upon request.

Questions on cash on delivery, saving using an informal savings club or person outside the family, domestic remittances, and agricultural payments are only asked in developing economies and few other selected countries. The question on mobile money accounts was only asked in economies that were part of the Mobile Money for the Unbanked (MMU) database of the GSMA at the time the interviews were being held.

Sampling error estimates

Estimates of standard errors (which account for sampling error) vary by country and indicator. For country-specific margins of error, please refer to the Methodology section and corresponding table in Demirgüç-Kunt, Asli, Leora Klapper, Dorothe Singer, Saniya Ansar, and Jake Hess. 2018. The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. Washington, DC: World Bank

Israel IL: Monetary Authorities: Government Deposits data was reported at 105,738.000 ILS mn in 2009. This records an increase from the previous number of 78,800.000 ILS mn for 2008. Israel IL: Monetary Authorities: Government Deposits data is updated yearly, averaging 1.687 ILS mn from Dec 1950 (Median) to 2009, with 60 observations. The data reached an all-time high of 105,738.000 ILS mn in 2009 and a record low of 0.000 ILS mn in 1959. Israel IL: Monetary Authorities: Government Deposits data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Monetary Authorities: Annual.

Israel IL: Monetary Survey: Foreign Assets: Net data was reported at 212,717.159 ILS mn in 2009. This records an increase from the previous number of 160,603.568 ILS mn for 2008. Israel IL: Monetary Survey: Foreign Assets: Net data is updated yearly, averaging 2.013 ILS mn from Dec 1950 (Median) to 2009, with 60 observations. The data reached an all-time high of 212,717.159 ILS mn in 2009 and a record low of -442.669 ILS mn in 1984. Israel IL: Monetary Survey: Foreign Assets: Net data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Monetary: Annual.

IL: Deposit Money Banks: Government Deposits data was reported at 35,027.647 ILS mn in 2011. This records a decrease from the previous number of 40,087.907 ILS mn for 2010. IL: Deposit Money Banks: Government Deposits data is updated yearly, averaging 149.293 ILS mn from Dec 1955 (Median) to 2011, with 57 observations. The data reached an all-time high of 59,213.412 ILS mn in 2007 and a record low of 0.000 ILS mn in 1963. IL: Deposit Money Banks: Government Deposits data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Deposit Money Banks: Annual.

Israel IL: Deposit Money Banks: Restricted Deposits data was reported at 3,071.065 ILS mn in 2011. This records a decrease from the previous number of 3,454.696 ILS mn for 2010. Israel IL: Deposit Money Banks: Restricted Deposits data is updated yearly, averaging 6,148.000 ILS mn from Dec 1972 (Median) to 2011, with 40 observations. The data reached an all-time high of 37,854.573 ILS mn in 1991 and a record low of 0.459 ILS mn in 1972. Israel IL: Deposit Money Banks: Restricted Deposits data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Deposit Money Banks: Annual.

Israel IL: Monetary Authorities: Foreign Assets data was reported at 229,246.000 ILS mn in 2009. This records an increase from the previous number of 162,305.144 ILS mn for 2008. Israel IL: Monetary Authorities: Foreign Assets data is updated yearly, averaging 18.979 ILS mn from Dec 1950 (Median) to 2009, with 60 observations. The data reached an all-time high of 229,246.000 ILS mn in 2009 and a record low of 0.000 ILS mn in 1954. Israel IL: Monetary Authorities: Foreign Assets data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Monetary Authorities: Annual.

Israel IL: Monetary Survey: Other Items: Net data was reported at 67,541.682 ILS mn in 2009. This records an increase from the previous number of 53,200.394 ILS mn for 2008. Israel IL: Monetary Survey: Other Items: Net data is updated yearly, averaging 1.148 ILS mn from Dec 1950 (Median) to 2009, with 60 observations. The data reached an all-time high of 67,541.682 ILS mn in 2009 and a record low of -81.602 ILS mn in 1983. Israel IL: Monetary Survey: Other Items: Net data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Monetary: Annual.

Israel IL: Monetary Authorities: Monetary Base: % Change over Previous Year data was reported at -3.707 % in 2016. This records an increase from the previous number of -6.139 % for 2015. Israel IL: Monetary Authorities: Monetary Base: % Change over Previous Year data is updated yearly, averaging 6.749 % from Dec 2002 (Median) to 2016, with 15 observations. The data reached an all-time high of 28.920 % in 2002 and a record low of -12.008 % in 2007. Israel IL: Monetary Authorities: Monetary Base: % Change over Previous Year data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Monetary Authorities: Annual.

Israel IL: Monetary Survey: Domestic Credit data was reported at 658,602.275 ILS mn in 2009. This records an increase from the previous number of 653,710.540 ILS mn for 2008. Israel IL: Monetary Survey: Domestic Credit data is updated yearly, averaging 106.512 ILS mn from Dec 1950 (Median) to 2009, with 60 observations. The data reached an all-time high of 658,602.275 ILS mn in 2009 and a record low of 0.020 ILS mn in 1950. Israel IL: Monetary Survey: Domestic Credit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Monetary: Annual.

Israel IL: Deposit Money Banks: Claims on Government data was reported at 92,825.241 ILS mn in 2011. This records an increase from the previous number of 82,188.173 ILS mn for 2010. Israel IL: Deposit Money Banks: Claims on Government data is updated yearly, averaging 118.888 ILS mn from Dec 1950 (Median) to 2011, with 62 observations. The data reached an all-time high of 92,825.241 ILS mn in 2011 and a record low of 0.000 ILS mn in 1956. Israel IL: Deposit Money Banks: Claims on Government data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Deposit Money Banks: Annual.

Israel IL: Monetary Authorities: Reserve Money: of which Currency Outside Banks data was reported at 35,606.065 ILS mn in 2009. This records an increase from the previous number of 30,179.460 ILS mn for 2008. Israel IL: Monetary Authorities: Reserve Money: of which Currency Outside Banks data is updated yearly, averaging 1.653 ILS mn from Dec 1950 (Median) to 2009, with 60 observations. The data reached an all-time high of 35,606.065 ILS mn in 2009 and a record low of 0.010 ILS mn in 1953. Israel IL: Monetary Authorities: Reserve Money: of which Currency Outside Banks data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Financial System: Monetary Authorities: Annual.

Israel Gross External Debt: Over 1 Year: Banking System: Deposits: Non Residents data was reported at 1.008 USD bn in 2017. This records a decrease from the previous number of 1.061 USD bn for 2016. Israel Gross External Debt: Over 1 Year: Banking System: Deposits: Non Residents data is updated yearly, averaging 2.767 USD bn from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 4.374 USD bn in 2003 and a record low of 1.008 USD bn in 2017. Israel Gross External Debt: Over 1 Year: Banking System: Deposits: Non Residents data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.JB007: Gross External Debt: Annual.