Israel economy

Israel against the current

While the world talks about interest rate hikes, Israel returns to rate cuts

Matan Shitrit, Chief Economist at Phoenix Financial
Palestinian Authority President Mahmoud Abbas addresses the general Conference of Fatah Youth in Ramallah, with a backdrop including a portrait of Abbas and Yasser Arafat, November 27, 2025; illustrative.

The PA's collapse could lead to Hamas's rise in the West Bank - opinion

Prime Minister Benjamin Netanyahu speaks to international media on the Gaza war, in Jerusalem, August 10, 2025

Reputational security: Israel's strategic asset in free fall - opinion

Nvidia in Israel.

Nvidia, Google ask to pay Israel taxes in dollars as shekel gains


Amdocs to lay off 3,000 employees

The entire technology industry is experiencing aggressive cuts, partly due to the changes brought about by AI.

Amdocs in Raanana

Shekel gains sharply despite interest rate cut

The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking

Israelis' wealth grows 80% in six years

According to Bank of Israel figures, the Israeli public's portfolio of financial assets was worth a record NIS 7.4 trillion-a growth of NIS 1.1 trillion within a year, and an 80% rise within six year

New Israeli Shekel banknotes are seen in this picture illustration.

Israel's cost of living surpasses wealthiest European countries

The cost of living in Israel is such an outlier that it erodes the standard of living in the country by 14%, and the study argues that it could encourage emigration.

Housing Prices.

Israel’s hidden strength: Institutional capital pools

How long-term savings improve national resilience

David Alexander, Deputy CEO of Phoenix Financial

Shekel at 30-year strongest against dollar

Is the shekel going to make history and move below the NIS 3/$ threshold?

A hand is seen holding several dollar bills before the Israeli flag in this illustrative image.

Debt, defense, and disruption: The true cost of Israel's multi-front war - analysis

A mid-2026 analysis of Israel’s war-strained economy

Israel was the ultimate Start-up Nation. However, following the events of October 7, 2023, and the multi-front wars that followed, including on the northern front (pictured), the focus has shifted from simple growth to a desperate fight for stability.

One month into 'Epic Fury', what have we learned so far about Israel’s economy? - opinion

Despite the damage and uncertainty, Israel’s economy is once again showing resilience, adaptability, and the capacity to recover quickly.

Matan Shitrit, Chief Economist at Phoenix Financial

Revised income tax brackets boost March salary

Income tax brackets in Israel are designed to tax those who earn more at a higher rate than those who earn less.

Israeli shekel

Bank of Israel keeps rate unchanged, cuts growth forecast

Ministry of Finance director general Ilan Rom also announced his resignation following the passage of the 2026 state budget by the Knesset

Israeli shekel