Markets Actual Q4 Q1 Q2 Q3 2023
Currency 3.43 3.45 3.52 3.58 3.64 3.77
Stock Market (points) 1852.01 1852 1794 1738 1684 1580
Government Bond 10Y (%) 3.29 3.37 3.49 3.6 3.72 3.97

Overview Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 0.50 1.5 1 0.8 0.5 0.5
GDP Annual Growth Rate (%) 5.83 5 3.4 3.1 3.2 3.4
GDP Growth Annualized (%) 2.10 4.5 4.5 4.5 4.5 4
Unemployment Rate (%) 4.10 3.5 3.6 3.6 3.6 3.2
Inflation Rate (%) 5.10 5.2 4.5 3.8 3 2.9
Interest Rate (%) 3.25 3.25 3.5 3.5 3.5 3
Balance of Trade (USD Million) -3548.60 -3490 -3490 -3490 -3490 -4190
Current Account (USD Million) 4149.00 5900 5900 5900 5900 6000
Current Account to GDP (% of GDP) 4.70 5.2 5.2 5.2 5.2 5.5
Government Debt to GDP (% of GDP) 68.80 81 81 81 81 81
Government Budget (% of GDP) -5.50 -3 -3 -3 -3 -3
Business Confidence (points) 24.30 25 24.2 26 24 27
Consumer Confidence (points) -16.24 -12 -8 -5 -5 -7
Corporate Tax Rate (%) 23.00 23 23 23 23 23
Personal Income Tax Rate (%) 50.00 50 50 50 50 50

GDP Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 0.50 1.5 1 0.8 0.5 0.5
GDP Annual Growth Rate (%) 5.83 5 3.4 3.1 3.2 3.4
GDP Growth Annualized (%) 2.10 4.5 4.5 4.5 4.5 4
GDP (USD Billion) 481.59 410 410 410 410 410
GDP Constant Prices (ILS Million) 397436.00 411196 402308 407658 410154 425177
Gross National Product (ILS Million) 433527.80 438169 415353 432803 447401 453067
Gross Fixed Capital Formation (ILS Million) 94272.10 94262 92936 94278 97289 97466
GDP per Capita (USD) 39913.10 35766 35766 35766 35766 35766
GDP per Capita PPP (USD) 41582.47 40000 40000 40000 40000 40000
Full Year GDP Growth (%) 8.71 6.2 2.9 2.9 2.9 2.9
GDP from Agriculture (ILS Million) 4130.00 4837 4033 4258 4262 5002
GDP from Construction (ILS Million) 19265.80 21752 19075 19863 19882 22492
GDP from Manufacturing (ILS Million) 44043.00 46373 46177 45540 45408 47747
GDP from Public Administration (ILS Million) 54459.10 53230 53011 57999 56202 55040
GDP from Services (ILS Million) 36064.80 37976 37868 37291 37183 39156
GDP from Transport (ILS Million) 11232.80 12843 11352 11581 11592 13280
GDP from Utilities (ILS Million) 5708.90 6972 6146 5886 5892 7209

Labour Actual Q4 Q1 Q2 Q3 2023
Unemployment Rate (%) 4.10 3.5 3.6 3.6 3.6 3.2
Wages (ILS/Month) 12251.70 113000 113000 113000 113000 113000
Wages in Manufacturing (points) 126.10 128 128 128 128 128
Minimum Wages (ILS/Month) 5400.00 5400 5400 5500 5500 5500
Population (Million) 9.45 9.61 9.61 9.61 9.61 9.61
Retirement Age Women (Years) 62.00 62 62 62 62 62
Retirement Age Men (Years) 67.00 67 67 67 67 67
Labor Force Participation Rate (%) 63.50 64.9 64.9 64.9 64.9 64

Prices Actual Q4 Q1 Q2 Q3 2023
Inflation Rate (%) 5.10 5.2 4.5 3.8 3 2.9
Consumer Price Index CPI (points) 107.60 108 109 110 110 111
Core Consumer Prices (points) 107.30 108 108 109 110 111
Core Inflation Rate (%) 4.99 5.1 4.8 4.1 3.2 2.9
Producer Prices (points) 121.90 91.54 91.54 91.54 91.54 91.52
Food Inflation (%) 4.40 3.9 3.5 3.5 2.9 3
CPI Housing Utilities (points) 108.40 109 109 109 111 112
CPI Transportation (points) 113.40 114 114 114 114 115
Inflation Expectations (%) 2.70 3.1 2.8 2.8 2.5 2.7
Inflation Rate MoM (%) 0.60 0.5 0.1 0.1 0.1 0.5

Money Actual Q4 Q1 Q2 Q3 2023
Interest Rate (%) 3.25 3.25 3.5 3.5 3.5 3
Interbank Rate (%) 3.48 3.48 3.73 3.73 3.73 3.23
Money Supply M1 (ILS Million) 654142.00 650000 650000 650000 650000 664000
Foreign Exchange Reserves (USD Million) 194414.00 252900 252900 252900 252900 293833
Deposit Interest Rate (%) 2.64 2.64 2.89 2.89 2.89 2.39

Trade Actual Q4 Q1 Q2 Q3 2023
Balance of Trade (USD Million) -3548.60 -3490 -3490 -3490 -3490 -4190
Current Account (USD Million) 4149.00 5900 5900 5900 5900 6000
Current Account to GDP (% of GDP) 4.70 5.2 5.2 5.2 5.2 5.5
Imports (USD Million) 8219.70 8300 8300 8300 8300 9000
Exports (USD Million) 4671.10 4810 4810 4810 4810 4810
Tourist Arrivals (Thousand) 330.70 310 290 250 180 220

Government Actual Q4 Q1 Q2 Q3 2023
Government Debt to GDP (% of GDP) 68.80 81 81 81 81 81
Government Budget (% of GDP) -5.50 -3 -3 -3 -3 -3
Government Budget Value (ILS Million) -3100.00 700 700 700 700 -2000
Government Spending (ILS Million) 81204.90 85913 82072 82419 83803 88834
Government Spending to GDP (% of GDP) 42.50 40 40 40 40 40

Taxes Actual Q4 Q1 Q2 Q3 2023
Corporate Tax Rate (%) 23.00 23 23 23 23 23
Personal Income Tax Rate (%) 50.00 50 50 50 50 50
Sales Tax Rate (%) 17.00 17 17 17 17 17
Social Security Rate (%) 19.60 19.6 19.6 19.6 19.6 19.6
Social Security Rate For Companies (%) 7.60 7.6 7.6 7.6 7.6 7.6
Social Security Rate For Employees (%) 12.00 12 12 12 12 12

Business Actual Q4 Q1 Q2 Q3 2023
Business Confidence (points) 24.30 25 24.2 26 24 27
Industrial Production (%) 37.30 6 6 6 6 12
Industrial Production Mom (%) 0.18 2 1.1 1.1 1.1 2
Leading Economic Index (%) 0.17 -0.1 0.1 -0.2 0.1 0.3
Manufacturing PMI (points) 53.60 51 49 50 52 53

Consumer Actual Q4 Q1 Q2 Q3 2023
Consumer Confidence (points) -16.24 -12 -8 -5 -5 -7
Consumer Spending (ILS Million) 202612.30 209467 205734 209773 209096 216589
Bank Lending Rate (%) 4.74 4.74 4.99 4.99 4.99 4.49
Gasoline Prices (USD/Liter) 1.88 1.95 2.02 2.1 2.18 2.34
Consumer Credit (ILS Billion) 748.37 714 733 758 772 739