Converter New Israeli Sheqel (exchange rate ILS)

New Israeli Sheqel

• iso 4217: ILS
• Israel (Asia)

Israel Current Account

Israel reported a current account deficit equivalent to 318 Millions USD in the fourth quarter of 2011. Poor in natural resources, Israel depends on imports of petroleum, coal, food, uncut diamonds, other production inputs, and military equipment. Israel’s major exports are: machinery and equipment, software, cut diamonds, agricultural products, chemicals, textiles and apparel. Its main trading partners are The United States, European Union and Japan. This page includes: Israel Current Account chart, historical data and news.

source: Israel Central Bureau of Statistics

Israel GDP Growth Rate

The Gross Domestic Product (GDP) in Israel expanded 0.7 percent in the first quarter of 2012 over the previous quarter. Historically, from 1995 until 2011, Israel's average quarterly GDP Growth was 0.98 percent reaching an historical high of 3.70 percent in June of 1999 and a record low of -1.50 percent in September of 2001. Israel has a technologically advanced market economy with substantial, though diminishing, government participation. It depends on imports of crude oil, grains, raw materials, and military equipment. Despite limited natural resources, Israel has intensively developed its agricultural and industrial sectors over the past 20 years. This page includes: Israel GDP Growth Rate chart, historical data, forecasts and news. Data is also available for Israel GDP Annual Growth Rate, which measures growth over a full economic year.

source: Israel Central Bureau of Statistics

Israel GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Israel expanded 3.3 percent in the first quarter of 2012 over the same quarter, previous year. Unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. Historically, from 1996 until 2011, Israel's average annual GDP Growth was 3.85 percent reaching an historical high of 10.89 percent in September of 2000 and a record low of -3.94 percent in December of 2001. This page includes: Israel GDP Annual Growth Rate chart, historical data, forecasts and news. Data is also available for Israel GDP Quarterly Growth Rate, which measures growth over the previous quarter.

source: Israel Central Bureau of Statistics

Israel Inflation Rate

The inflation rate in Israel was last reported at 2.1 percent in April of 2012. From 1952 until 2010, the average inflation rate in Israel was 33.14 percent reaching an historical high of 486.23 percent in November of 1984 and a record low of -2.74 percent in March of 2004. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes: Israel Inflation Rate chart, historical data and news.

source: Israel Central Bureau of Statistics

Israel Consumer Confidence

In Israel, consumer confidence remained the same at -23% in March of 2012. Consumer Confidence Survey in Israel gathers information on general assessments of the economic situation and expectations for change in the situation among the population aged 21 and over, as well as information about savings plans and making large purchases in the near future. This page includes a chart with historical data for Israel's Consumer Confidence.

source: Central Bureau of Statistics

Israel Interest Rate

The benchmark interest rate in Israel was last reported at 2.5 percent. In Israel, the interest rates decisions are taken by the Bank of Israel. The official interest rate is the "headline" rate. From 1996 until 2010, Israel's average interest rate was 7.29 percent reaching an historical high of 17.00 percent in June of 1996 and a record low of 0.50 percent in March of 2009. This page includes: Israel Interest Rate chart, historical data and news.

source: Bank of Israel

Israel Unemployment Rate

The unemployment rate in Israel was reported at 5.4 percent in the fourth quarter of 2011. From 1992 until 2010, Israel's Unemployment Rate averaged 8.63 percent reaching an historical high of 11.40 percent in March of 1992 and a record low of 5.92 percent in June of 2008. The labour force is defined as the number of people employed plus the number unemployed but seeking work. The nonlabour force includes those who are not looking for work, those who are institutionalised and those serving in the military. This page includes: Israel Unemployment Rate chart, historical data and news.

source: Israel Central Bureau of Statistics

Israel Industrial Production

Industrial Production in Israel expanded 6.8 percent in January of 2012. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. From 1998 until 2010, Israel's industrial production averaged 101.18 percent reaching an historical high of 4526.09 percent in August of 2005 and a record low of -18.31 percent in April of 2009. This page includes: Israel Industrial Production chart, historical data and news.

source: Israel Central Bureau of Statistics

Israel Balance of Trade

Israel reported a trade deficit equivalent to 2425 Million USD in February of 2012. Poor in natural resources, Israel depends on imports of petroleum, coal, food, uncut diamonds, other production inputs, and military equipment. Israel’s major exports are: machinery and equipment, software, cut diamonds, agricultural products, chemicals, textiles and apparel. Its main trading partners are The United States, European Union and Japan. This page includes: Israel Balance of Trade chart, historical data and news.

source: Israel Central Bureau of Statistics

Israel Imports

Israel imports were worth 6113 Million USD in February of 2012. Poor in natural resources, Israel depends on imports of petroleum, coal, food, uncut diamonds, other production inputs, and military equipment. Israel main imports come from European Union, United States and China. This page includes: Israel Imports chart, historical data and news.

source: Israel Central Bureau of Statistics

Israel Exports

Israel exports were worth 3687 Million USD in February of 2012. Israel’s major exports are: machinery and equipment, software, cut diamonds, agricultural products, chemicals, textiles and apparel. Main export partners are United States, European Union, Hong Kong, India and Turkey. This page includes: Israel Exports chart, historical data and news.

source: Israel Central Bureau of Statistics

Israel Business Confidence

In Israel, business confidence declined to 2.9% in the first quarter of 2012 from 6.7% in the fourth of 2011. The Bank of Israel, total business sector - expected business confidence, measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do. This page includes a chart with historical data for Israel's Business Confidence.

source: The Bank of Israel

Israel GDP per capita

The GDP per capita in Israel was last reported at 22274 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita in Israel standed at 21678 US dollars in December of 2009. The GDP per capita in Israel is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Historically, from 1960 until 2010, Israel's average GDP Per Capita was 14148.04 dollars reaching an historical high of 22274.00 dollars in December of 2010 and a record low of 5823.50 dollars in December of 1960. This page includes a chart with historical data for Israel's GDP Per Capita.

source: World Bank

Israel GDP per capita PPP

The GDP per capita, adjusted by purchasing power parity, in Israel was last reported at 28546 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita PPP in Israel standed at 27494 US dollars in December of 2009. The GDP per capita PPP in Israel is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. Historically, from 1980 until 2010, Israel's average GDP per capita PPP was 17278.03 dollars reaching an historical high of 28546.18 dollars in December of 2010 and a record low of 7183.14 dollars in December of 1980. This page includes a chart with historical data for Israel's GDP per capita PPP.

source: World Bank

Israel Population

The total population in Israel was last reported at 7.6 million people in 2010 from 2.1 million in 1960, changing 253 percent during the last 50 years. Israel has 0.11 percent of the world´s total population which means that one person in every 927 people on the planet is a resident of Israel. This page includes a chart with historical data for Israel's Total Population.

source: World Bank

Israel Government Debt To GDP

The Government Debt in Israel was last reported at 77.9 percent of the country´s GDP. From 2000 until 2010, Israel's average Government Debt to GDP was 87.58 percent reaching an historical high of 100.00 percent in December of 2003 and a record low of 76.80 percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure Israel's ability to make future payments on its debt, thus affecting Israel's borrowing costs and government bond yields. This page includes a chart with historical data for Israel's General Government Gross Debt as a percent of GDP.

source: International Monetary Fund

Israel Government Budget

Israel reported a government budget deficit equivalent to 3.73 percent of the Gross Domestic Product (GDP) in 2010. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes: Israel Government Budget chart, historical data and news.

source: Israel Ministry Of Finance

Israel GDP

Israel Gross Domestic Product is worth 217 billion dollars or 0.35% of the world economy, according to the World Bank. Historically, from 1960 until 2010, Israel's average Gross Domestic Product was 58.05 billion dollars reaching an historical high of 217.33 billion dollars in December of 2010 and a record low of 2.60 billion dollars in December of 1962. Israel has a technologically advanced market economy with substantial, though diminishing, government participation. It depends on imports of crude oil, grains, raw materials, and military equipment. Despite limited natural resources, Israel has intensively developed its agricultural and industrial sectors over the past 20 years. This page includes: Israel Gross Domestic Product (GDP) chart, historical data, forecasts and news.

source: The World Bank Group

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21 May 2012 ► Converter New Israeli Sheqel ► Free online currency conversion based on exchange rates. Currency converter