Israel Interest Rate  1996-2018 | Data | Chart | Calendar | Forecast

The central bank of Israel left its benchmark interest rate unchanged at 0.1 percent on August 29th 2018, in line with market expectations. Policymakers said the inflation is rising and moving to the target range of 1 to 3 percent. In July, annual inflation rate picked up to 1.4 percent, the highest since deflation ended in August of 2017. However, a sharp appreciation of the shekel is the main risk to the inflation outlook, the central bank added. Since the previous meeting, the currency gained about 2.3 percent in terms of the nominal effective exchange rate, mainly as a result of weaker emerging market currencies. Regarding growth, current indicators of activity support the assumption that the economy has returned to a faster pace of growth in the third quarter. The labor market remains tight, and wages continue to rise at a solid pace, particularly in the business sector. Interest Rate in Israel averaged 5.63 percent from 1996 until 2018, reaching an all time high of 17 percent in June of 1996 and a record low of 0.10 percent in February of 2015.

Israel Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-28 01:00 PM Interest Rate Decision 0.1% 0.1% 0.1% 0.1%
2018-07-09 01:00 PM Interest Rate Decision 0.1% 0.1% 0.1% 0.1%
2018-08-29 01:00 PM Interest Rate Decision 0.1% 0.1% 0.1% 0.1%
2018-10-08 01:00 PM Interest Rate Decision 0.1% 0.1%
2018-11-26 02:00 PM Interest Rate Decision 0.1%


Israel Money Last Previous Highest Lowest Unit
Interest Rate 0.10 0.10 17.00 0.10 percent [+]
Interbank Rate 0.12 0.11 12.06 0.05 percent [+]
Money Supply M1 400564.00 397917.00 400564.00 8.00 ILS Million [+]
Money Supply M2 832035.70 827771.70 832035.70 12.40 ILS Million [+]
Money Supply M3 1087438.87 1094844.57 1094844.57 48174.00 ILS Million [+]
Foreign Exchange Reserves 116005.00 115782.00 117622.00 7655.80 USD Million [+]
Banks Balance Sheet 1544289.00 1540346.00 1544289.00 1037203.10 NIS Million [+]
Deposit Interest Rate 0.52 0.48 438.36 0.46 percent [+]
Private Debt to GDP 123.66 123.63 136.74 122.16 percent [+]
Loans To Private Sector 607.34 605.56 607.34 273.94 ILS Billion [+]
Central Bank Balance Sheet 416736.00 421014.00 421014.00 102859.00 NIS Million [+]


Israel Interest Rate

In Israel, the interest rates decisions are taken by the Bank of Israel. The official interest rate is the "headline" rate. This page provides - Israel Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.10 17.00 0.10 1996 - 2018 percent Daily




interest rate by Country
Country Last
Argentina 60.00 Sep/18
Turkey 24.00 Sep/18
Mexico 7.75 Aug/18
Russia 7.50 Sep/18
Brazil 6.50 Sep/18
India 6.50 Aug/18
South Africa 6.50 Sep/18
Indonesia 5.50 Aug/18
China 4.35 Aug/18
Saudi Arabia 2.50 Aug/18
United States 2.00 Aug/18
Australia 1.50 Sep/18
Canada 1.50 Sep/18
South Korea 1.50 Aug/18
Singapore 1.06 Aug/18
United Kingdom 0.75 Sep/18
Euro Area 0.00 Sep/18
France 0.00 Sep/18
Germany 0.00 Sep/18
Italy 0.00 Sep/18
Netherlands 0.00 Sep/18
Spain 0.00 Sep/18
Japan -0.10 Sep/18
Switzerland -0.75 Sep/18


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