The central bank of Israel left its benchmark interest rate unchanged at 0.1 percent on October 8th 2018, in line with market expectations, saying that annual inflation fell more than expected to 1.2 percent in August, the lowest since May. However, inflation rate is still expected to rise and move to the target range of 1 to 3 percent. Policymakers added that a sharp appreciation of the shekel is the main risk to the inflation outlook. Since the previous meeting, the currency gained about 0.2 percent in terms of the nominal effective exchange rate. Regarding growth, policymakers expect the economy to expand 3.7 percent in 2018 and 3.6 percent in 2019. Interest Rate in Israel averaged 5.61 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
2018-07-09 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% 0.1% 0.1%
2018-11-26 02:00 PM Interest Rate Decision 0.1% 0.1%


Israel Money Last Previous Highest Lowest Unit
Interest Rate 0.10 0.10 17.00 0.10 percent [+]
Interbank Rate 0.13 0.13 12.06 0.05 percent [+]
Money Supply M1 402173.00 404626.00 404626.00 8.00 ILS Million [+]
Money Supply M2 830638.20 829881.40 832035.70 12.40 ILS Million [+]
Money Supply M3 1095950.80 1097748.50 1097748.50 48174.00 ILS Million [+]
Foreign Exchange Reserves 113911.00 115458.00 117622.00 7655.80 USD Million [+]
Banks Balance Sheet 1546071.00 1544289.00 1546071.00 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 424834.00 431438.00 431438.00 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 November of 2018.

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




Country Last
Argentina 63.29 Nov/18
Turkey 24.00 Oct/18
Mexico 8.00 Nov/18
Russia 7.50 Oct/18
Brazil 6.50 Oct/18
India 6.50 Oct/18
South Africa 6.50 Oct/18
Indonesia 6.00 Nov/18
China 4.35 Oct/18
Saudi Arabia 2.75 Oct/18
United States 2.25 Nov/18
Canada 1.75 Oct/18
Australia 1.50 Nov/18
South Korea 1.50 Oct/18
Singapore 1.45 Oct/18
United Kingdom 0.75 Nov/18
Euro Area 0.00 Oct/18
France 0.00 Oct/18
Germany 0.00 Oct/18
Italy 0.00 Oct/18
Netherlands 0.00 Oct/18
Spain 0.00 Oct/18
Japan -0.10 Oct/18
Switzerland -0.75 Oct/18


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