Public Debt in Israel
Israel - Public DebtThe economy surged in the first quarter of the year. Although this was partly on a frontloading of vehicle purchases ahead of fiscal changes on 1 April, underlying growth was still solid, buoyed by a healthy labor market and a stronger external sector. Turning to the second quarter, available indicators point to a fairly robust start, notwithstanding external weakness. In April, growth in the Composite State of the Economy Index ticked up, while business and consumer sentiment improved; however, merchandise exports plummeted in the same month, which also fed through to a lower manufacturing PMI reading. In the political arena, MPs voted to dissolve Parliament on 29 May, triggering fresh elections for September, after incumbent Prime Minister Benjamin Netanyahu failed to form a coalition government. While this increases political uncertainty, the economic fallout should be limited.
Israel - Public Debt Data
|Public Debt (% of GDP)||66.0||65.3||62.6||60.7||59.1|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||1.74||-1.69 %||Jun 13|
|Exchange Rate||3.60||-0.37 %||Jun 14|
|Stock Market||1,444||-0.91 %||Jun 14|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Israel: Fresh elections called after Netanyahu fails to form a coalition; economic fallout to be limited
May 30, 2019
On 29 May, MPs voted to dissolve Parliament, triggering fresh elections for 17 September, after incumbent Prime Minister Benjamin Netanyahu failed to form a coalition government.
May 29, 2019
The Bank of Israel’s Composite State of the Economy Index rose 0.28% in April over the previous month, up slightly from March’s revised 0.27% growth (previously reported: +0.29% month-on-month).
May 20, 2019
At its 20 May meeting, the Monetary Committee of the Bank of Israel (BoI) kept the interest rate unchanged at 0.25%, as had been widely expected by market analysts.
May 19, 2019
The Purchasing Managers’ Index (PMI), produced by Bank Hapoalim and the Israeli Purchasing & Logistics Managers Association (IPLMA), fell from 52.2 in March to 51.9 in April, but remained above the neutral 50-point mark separating contraction from expansion in the manufacturing sector. The change in the headline figure was driven by slower growth in production and employment, and a sharper contraction in export demand.
May 19, 2019
Merchandise exports contracted 18.0% year-on-year in April in USD terms, contrasting March’s 12.7% growth.