Bank of Israel Press Releases

Bank of Israel Report: Fiscal Impulse During War Increased Demand

The Bank of Israel released a report excerpt analyzing the fiscal impulse during wartime. The report indicates that increased domestic defense consumption led to a significant fiscal impulse, reflecting fiscal policy's positive impact on aggregate demand, though it moderated in 2025 due to tax increases.

Israel's International Investment Position, Q4 2025

The Bank of Israel reported that Israel's outstanding liabilities to abroad increased by approximately $28 billion in Q4 2025, reaching $652 billion. Nonresidents' direct investments in Israel and prices of Israeli securities held by nonresidents also increased during the quarter. The full year 2025 saw net investments in the economy by nonresidents totaling $39 billion.

Index of Economic Activity rose 0.2% in February

The Bank of Israel reported that the monthly Index of Economic Activity increased by 0.2 percent in February 2026. This growth is less than in the preceding three months and reflects data prior to recent geopolitical events.

Expected Inflation Rate Derived from Capital Market Sources

The Bank of Israel has published its latest data on expected inflation rates derived from capital market sources, including breakeven inflation rates and inflation forecasts. The data covers annual figures from 2021-2025 and monthly data for 2025 and early 2026, with current data also provided.

Nonfinancial Private Sector Debt Rose 2.8% to 2.5 Trillion NIS

The Bank of Israel reported that nonfinancial private sector debt in Israel increased by 2.8% to NIS 2.5 trillion in the fourth quarter of 2025. Business sector debt rose 3.6% to NIS 1.5 trillion, while household debt increased to NIS 903 billion.