Deposit Interest Rate in Israel decreased to 4.60 percent in January from 4.86 percent in December of 2023. Deposit Interest Rate in Israel averaged 6.90 percent from 1983 until 2024, reaching an all time high of 438.36 percent in December of 1984 and a record low of 0.10 percent in March of 2015. source: Bank of Israel

Deposit Interest Rate in Israel is expected to be 4.35 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Interest On Bank Deposits in the Bank of Israel is projected to trend around 3.85 percent in 2027 and 4.35 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 3047175.00 3012170.00 ILS Million Mar 2026
Central Bank Balance Sheet 751903.00 776578.00 ILS Million May 2026
Foreign Exchange Reserves 238681.00 235745.00 USD Million May 2026
Interest Rate 3.50 3.75 percent Jul 2026
M1 Money Supply YoY 562166.00 551852.00 ILS Million Apr 2026
Money Supply M2 1526174.10 1511884.08 ILS Million Mar 2026
Money Supply M3 2187103.53 2153667.68 ILS Million Apr 2026


Interest On Bank Deposits in the Bank of Israel
In Israel, deposit interest rate refers to the interest on bank deposits in the Bank of Israel.
Actual Previous Highest Lowest Dates Unit Frequency
4.60 4.86 438.36 0.10 1983 - 2024 percent Monthly