Israel: Real interest rate (%)

Key figures

Over five years it is down 5.34 percentage points from 3.53% in 2017. Since 2013 it is down 4.3 percentage points from 2.49% in 2013.

What the numbers say

In 2022, Israel's real interest rate (%) fell 2.61 percentage points on 2021 (from 0.8% to -1.81%).

Across the 8 yearly changes before that (2014 to 2021), the average change was −0.21 percentage points and a typical year strayed about 1.34 percentage points from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 2.12 percentage points in 2016 and the biggest yearly fall was 2.61 percentage points in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2013 to 2022 the straight-line trend is downward, about 0.34 percentage points a year. A straight line explains 41% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Israel in the 2022 ranking

• India — 3rd of 6: 5.56%
• Panama — 4th of 6: 4.61%
• Comoros — 5th of 6: 0.05%

What this measures

An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.

All 10 values

Real interest rate (%) in nearby economies

• Afghanistan — 12.14% (2017)
• Algeria — 7.16% (2025)
• Bahrain — 15.25% (2015)
• Egypt, Arab Rep. — -7.03% (2024)
• Iran, Islamic Rep. — 3.45% (2016)
• Iraq — 57.63% (2015)
• Jordan — 5.75% (2025)
• Kuwait — 10.52% (2025)
• Lebanon — 6.17% (2019)
• Oman — -5.92% (2021)
• Pakistan — -1.45% (2021)
• Qatar — 8.16% (2025)

More financial sector data for Israel

• Domestic credit to private sector by banks (% of GDP) — 72.47% (2025)
• Net foreign assets (current LCU) — 883.57 billion (2025)
• Monetary sector credit to private sector (% of GDP) — 72.47% (2025)
• Broad money (current LCU) — 2.19 trillion (2025)
• Broad money (% of GDP) — 103.73% (2025)
• Broad money to total reserves ratio — 2.76 (2025)
• Consumer price index (2010 = 100) — 126.13 (2025)
• Inflation, consumer prices (annual % growth) — 3.04% (2025)
• Claims on central government, etc. (% of GDP) — 13.18% (2025)
• Domestic credit to private sector (% of GDP)

Reading data like this

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Questions people ask

What is Israel's real interest rate (%)?

-1.81% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 2013?

It is down 4.3 percentage points from 2.49% in 2013. The highest value was 3.53% in 2017 and the lowest -1.81% in 2022.

Is the latest change in real interest rate (%) unusual for Israel?

In 2022, Israel's real interest rate (%) fell 2.61 percentage points on 2021 (from 0.8% to -1.81%). Across the 8 yearly changes before that (2014 to 2021), the average change was −0.21 percentage points and a typical year strayed about 1.34 percentage points from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators, World Bank (WB).

Source

World Bank, World Development Indicators, indicator FR.INR.RINR, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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