The Composite State of the Economy Index in Israel rose by 0.5 percent in March of 2021, accelerating from a 0.45 percent increase in February, the cancellation of most restrictions for dealing with the COVID-19 pandemic and the resulting expansion of economic activity. These changes were made possible due to progress in the vaccination campaign that began in Israel in December 2020 and has succeeded in greatly moderating morbidity and infection. The Composite Index was positively affected by increases in job vacancy rate (4.4 vs 2.9 in February); import of consumer goods (4.7 percent vs -0.3 percent) and import of manufacturing inputs (3.7 percent vs -1.3 percent). In contrast, goods exports had a negative impact on the Index (-0.5 percent vs -0.9 percent). source: Bank of Israel

Leading Economic Index in Israel averaged 0.34 percent from 1975 until 2021, reaching an all time high of 1.11 percent in May of 1991 and a record low of -2.16 percent in April of 2020. This page provides - Israel Leading Composite Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Leading Economic Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Leading Economic Index in Israel is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Israel to stand at 0.30 in 12 months time. In the long-term, the Israel Leading Economic Index is projected to trend around 0.30 percent in 2022, according to our econometric models.

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Israel Leading Economic Index

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.45 1.11 -2.16 1975 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-01-25 12:00 PM Dec 0.52% 0.65% 0.3%
2021-02-24 02:00 PM Jan -0.16% 0.43% 0.25%
2021-03-24 11:20 AM Feb 0.4% -0.26% 0.31%
2021-05-11 12:30 PM Mar 0.5% 0.4% 0.23%
2021-06-05 01:30 PM Apr 0.5%
2021-06-29 10:00 AM May
2021-08-02 10:00 AM Jun
2021-08-26 10:00 AM Jul

Israel Leading Economic Index
In Israel, the Composite State-of-the-Economy Index is a synthetic indicator examining the direction in which real economic activity is moving in a real time. It is calculated based on 10 different components: industrial production index, trade revenue, services revenue, imports of consumer products, imports of manufacturing inputs, export of goods, export of services, number of employee posts in the private sector, rate of vacant employee positions and the number of building starts. The index has a base value of 100 as of 2011.