Public Debt in Israel

Israel Public Debt | Economic News & Forecasts

Israel - Public Debt

The 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

2013  2014  2015  2016  2017  
Public Debt (% of GDP)66.0  65.3  62.6  60.7  59.1  

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Israel Facts

Bond Yield1.74-1.69 %Jun 13
Exchange Rate3.60-0.37 %Jun 14
Stock Market1,444-0.91 %Jun 14

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