The inflation rate in Israel increased to just over **** percent in January 2025. This was the highest level since September 2023. During the observed period, inflation rates peaked at *** percent in January 2022. Following a period of interest rate hikes, the Bank of Israel decided to lower its declared interest rate in January 2024.

Inflation Rate in Israel increased to 3.30 percent in June from 3.10 percent in May of 2025. This dataset provides the latest reported value for - Israel Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the average inflation rate in Israel amounted to approximately 3.07 percent. Between 1980 and 2024, the figure dropped by around 313.53 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 1.02 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data was reported at 2.400 % in Mar 2025. This records a decrease from the previous number of 2.600 % for Feb 2025. Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data is updated monthly, averaging 1.800 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.200 % in Jul 2022 and a record low of 0.200 % in May 2020. Israel Expected Inflation Rate: Avg Forecasts: Next 12 Mths data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

Israel Expected Inflation Rate: Capital Market: 5 Years Forward data was reported at 2.200 % in Mar 2025. This stayed constant from the previous number of 2.200 % for Feb 2025. Israel Expected Inflation Rate: Capital Market: 5 Years Forward data is updated monthly, averaging 2.200 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.200 % in Mar 2022 and a record low of 0.600 % in Mar 2020. Israel Expected Inflation Rate: Capital Market: 5 Years Forward data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

Israel Expected Inflation Rate: Capital Market: First Year Forward data was reported at 2.000 % in Mar 2025. This stayed constant from the previous number of 2.000 % for Feb 2025. Israel Expected Inflation Rate: Capital Market: First Year Forward data is updated monthly, averaging 1.700 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.700 % in Sep 2022 and a record low of -1.700 % in Dec 2008. Israel Expected Inflation Rate: Capital Market: First Year Forward data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

Consumer Price Index CPI in Israel increased to 103.10 points in June from 102.80 points in May of 2025. This dataset provides the latest reported value for - Israel Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Israel Expected Inflation Rate: Capital Market: Second Year Forward data was reported at 2.000 % in Mar 2025. This records a decrease from the previous number of 2.100 % for Feb 2025. Israel Expected Inflation Rate: Capital Market: Second Year Forward data is updated monthly, averaging 2.200 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.800 % in Mar 2022 and a record low of 0.500 % in Jul 2020. Israel Expected Inflation Rate: Capital Market: Second Year Forward data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

Israel Expected Inflation Rate: Capital Market: Third Year Forward data was reported at 2.300 % in Mar 2025. This stayed constant from the previous number of 2.300 % for Feb 2025. Israel Expected Inflation Rate: Capital Market: Third Year Forward data is updated monthly, averaging 2.400 % from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 3.500 % in Mar 2022 and a record low of 0.900 % in Jul 2020. Israel Expected Inflation Rate: Capital Market: Third Year Forward data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.I067: Inflation Expectations. [COVID-19-IMPACT]

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Israel (CPGRLE01ILA657N) from 1971 to 2022 about Israel, core, all items, CPI, inflation, price index, indexes, and price.

The average inflation rate in Palestine was forecast to continuously increase between 2020 and 2023 by a total 6.58 percentage points. According to this forecast in 2024, the average inflation rate will have increased to 52.9 percent. However these figures have not been adjusted to account for the 2023 Israel-Hamas War. This indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.

Rents paid for housing in Israel increased year-on-year between 2011 and 2023. Nevertheless, the inflation-adjusted change was negative between 2021 and 2022, suggesting that rents grew at a slower rate than inflation. In 2023, the nominal growth in rent prices amounted to 5.87 percent, while the real change (adjusted for inflation) amounted to 1.64 percent.

Israel IL: NAIRU: Equilibrium Unemployment Rate data was reported at 4.181 % in 2022. This records an increase from the previous number of 4.122 % for 2021. Israel IL: NAIRU: Equilibrium Unemployment Rate data is updated yearly, averaging 8.909 % from Dec 1995 (Median) to 2022, with 28 observations. The data reached an all-time high of 11.761 % in 2002 and a record low of 4.106 % in 2020. Israel IL: NAIRU: Equilibrium Unemployment Rate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.EO: Non-Accelerating Inflation Rate of Unemployment (NAIRU): Forecast: OECD Member: Annual. NAIRU - Equilibrium unemployment rate The equilibrium unemployment rate (code NAIRU) is estimated using a Kalman filter in a Phillips curve framework which assumes inflation expectations are anchored at the central bank’s inflation target . The NAIRU is then projected forward from the last estimated period using a simple autoregressive rule, exceptionally modified to account for recent labour market reforms, until the end of the forecasting horizon More details on methodology in Rusticelli E., Turner D. and M. C. Cavalleri (2015), Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment, OECD Economics Department Working Papers No.1231 OECD, Economics Department Working Papers: Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment:https://www.oecd-ilibrary.org/economics/incorporating-anchored-inflation-expectations-in-the-phillips-curve-and-in-the-derivation-of-oecd-measures-of-equilibrium-unemployment_5js1gmq551wd-en

The per capita consumer spending in Israel was forecast to continuously increase between 2024 and 2029 by in total 4,113.3 U.S. dollars (+15.23 percent). After the sixth consecutive increasing year, the per capita consumer spending is estimated to reach 31,125.48 U.S. dollars and therefore a new peak in 2029. Consumer spending, shown here as per capita spending, 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 per capita consumer spending in countries like Iran and Qatar.

Israel IL: NAIRU: Unemployment Gap data was reported at -0.815 % in 2022. This records an increase from the previous number of -1.343 % for 2021. Israel IL: NAIRU: Unemployment Gap data is updated yearly, averaging -0.153 % from Dec 1995 (Median) to 2022, with 28 observations. The data reached an all-time high of 1.692 % in 2008 and a record low of -1.831 % in 2003. Israel IL: NAIRU: Unemployment Gap data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.EO: Non-Accelerating Inflation Rate of Unemployment (NAIRU): Forecast: OECD Member: Annual. GAPUNR - Unemployment gap Difference of nairu and unemployment rate OECD calculation, see OECD Economic Outlook, Database Inventory OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf

Israel GNI for 2023 was 533.22 billion US dollars, a 1.22% increase from 2022.

<ul style='margin-top:20px;'>

<li>Israel GNI for 2022 was <strong>526.78 billion US dollars</strong>, a <strong>13.83% increase</strong> from 2021.</li>
<li>Israel GNI for 2021 was <strong>462.77 billion US dollars</strong>, a <strong>16.42% increase</strong> from 2020.</li>
<li>Israel GNI for 2020 was <strong>397.49 billion US dollars</strong>, a <strong>0.24% increase</strong> from 2019.</li>
</ul>GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

At **** U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the January 2025 Big Mac index. Concurrently, the cost of a Big Mac was **** dollars in the U.S., and **** U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.

（停止更新）非加速通货膨胀失业率：失业率差距在12-01-2022达-0.815%，相较于12-01-2021的-1.343%有所增长。（停止更新）非加速通货膨胀失业率：失业率差距数据按年更新，12-01-1995至12-01-2022期间平均值为-0.153%，共28份观测结果。该数据的历史最高值出现于12-01-2008，达1.692%，而历史最低值则出现于12-01-2003，为-1.831%。CEIC提供的（停止更新）非加速通货膨胀失业率：失业率差距数据处于定期更新的状态，数据来源于Organisation for Economic Co-operation and Development，数据归类于全球数据库的以色列 – Table IL.OECD.EO: Non-Accelerating Inflation Rate of Unemployment (NAIRU): Forecast: OECD Member: Annual。