Israel Interest Rate 1996-2017 | Data | Chart | Calendar | Forecast

The Bank of Israel kept its benchmark interest rate on hold at 0.1 percent at its November 27th, 2017, meeting, as widely expected. Policymakers said the inflation remains much lower than the target range (1-3 percent) and the economy is expected to expand at a pace consistent with its potential growth, despite a slowdown in the recovery of exports. Meanwhile, the central bank revised down its 2017 GDP growth estimate to 3.1 percent from 3.4 percent. For 2018, the economy is expected to advance 3.3 percent. The Bank of Israel's own economists believe that the key rate will start increasing in the fourth quarter of 2018 and end the year at 0.25 percent. Interest Rate in Israel averaged 5.77 percent from 1996 until 2017, 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
2017-08-29 01:00 PM Interest Rate Decision 0.1% 0.1% 0.1% 0.1%
2017-10-19 01:00 PM Interest Rate Decision 0.10% 0.1% 0.1% 0.1%
2017-11-27 02:00 PM Interest Rate Decision 0.10% 0.1% 0.1% 0.1%
2017-12-22 02:00 PM Interest Rate Decision 0.1% 0.1%
2018-01-10 02:00 PM Interest Rate Decision 0.1%
2018-01-23 02:00 PM Interest Rate Decision


Israel Money Last Previous Highest Lowest Unit
Interest Rate 0.10 0.10 17.00 0.10 percent [+]
Interbank Rate 0.10 0.10 12.06 0.05 percent [+]
Money Supply M1 357391.00 357979.00 359659.00 8.00 ILS Million [+]
Money Supply M2 808309.20 797696.40 808309.20 12.40 ILS Million [+]
Money Supply M3 1060855.00 1065706.00 1071248.00 48174.00 ILS Million [+]
Foreign Exchange Reserves 112079.00 111309.00 112079.00 7655.80 USD Million [+]
Banks Balance Sheet 1520389.00 1504754.00 1520389.00 1037203.10 NIS Million [+]
Deposit Interest Rate 0.53 0.45 438.36 0.45 percent [+]
Private Debt to GDP 124.23 123.81 136.80 121.75 percent [+]
Loans To Private Sector 550.70 552.25 574.86 273.94 ILS Billion [+]
Central Bank Balance Sheet 401675.00 389540.00 401675.00 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.10 17.00 0.10 1996 - 2017 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Dec/17
Russia 7.75 Dec/17
Mexico 7.25 Dec/17
Brazil 7.00 Dec/17
India 6.00 Dec/17
China 4.35 Nov/17
Indonesia 4.25 Dec/17
Australia 1.50 Dec/17
South Korea 1.50 Nov/17
United States 1.50 Dec/17
Canada 1.00 Dec/17
United Kingdom 0.50 Dec/17
Euro Area 0.00 Dec/17
France 0.00 Dec/17
Germany 0.00 Dec/17
Italy 0.00 Dec/17
Netherlands 0.00 Dec/17
Spain 0.00 Dec/17
Japan -0.10 Oct/17
Switzerland -0.75 Dec/17