Israel Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Israel inflation rate for 2023 was 4.23%, a 0.17% decline from 2022.
- Israel inflation rate for 2022 was 4.39%, a 2.88% increase from 2021.
- Israel inflation rate for 2021 was 1.51%, a 2.12% increase from 2020.
- Israel inflation rate for 2020 was -0.61%, a 1.46% decline from 2019.
Israel Inflation Rate - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2023 |
4.23% |
-0.17% |
2022 |
4.39% |
2.88% |
2021 |
1.51% |
2.12% |
2020 |
-0.61% |
-1.46% |
2019 |
0.85% |
0.06% |
2018 |
0.79% |
0.53% |
2017 |
0.26% |
0.81% |
2016 |
-0.55% |
0.05% |
2015 |
-0.60% |
-1.08% |
2014 |
0.48% |
-1.09% |
2013 |
1.57% |
-0.11% |
2012 |
1.68% |
-1.81% |
2011 |
3.48% |
0.79% |
2010 |
2.69% |
-0.66% |
2009 |
3.36% |
-1.20% |
2008 |
4.55% |
4.10% |
2007 |
0.46% |
-1.61% |
2006 |
2.06% |
0.75% |
2005 |
1.31% |
1.70% |
2004 |
-0.38% |
-1.08% |
2003 |
0.70% |
-5.07% |
2002 |
5.77% |
4.62% |
2001 |
1.15% |
0.12% |
2000 |
1.03% |
-4.15% |
1999 |
5.18% |
-0.31% |
1998 |
5.49% |
-3.48% |
1997 |
8.97% |
-2.45% |
1996 |
11.42% |
1.49% |
1995 |
9.93% |
-2.34% |
1994 |
12.28% |
1.35% |
1993 |
10.92% |
-1.09% |
1992 |
12.02% |
-7.12% |
1991 |
19.14% |
1.95% |
1990 |
17.19% |
-3.17% |
1989 |
20.35% |
3.95% |
1988 |
16.40% |
-2.67% |
1987 |
19.07% |
-28.81% |
1986 |
47.89% |
-262.04% |
1985 |
309.93% |
-63.28% |
1984 |
373.22% |
227.26% |
1983 |
145.95% |
25.59% |
1982 |
120.36% |
3.56% |
1981 |
116.80% |
-14.23% |
1980 |
131.03% |
52.72% |
1979 |
78.31% |
27.76% |
1978 |
50.55% |
15.93% |
1977 |
34.62% |
3.31% |
1976 |
31.31% |
-8.00% |
1975 |
39.31% |
-0.37% |
1974 |
39.68% |
19.65% |
1973 |
20.03% |
7.15% |
1972 |
12.88% |
0.91% |
1971 |
11.97% |
5.86% |
1970 |
6.11% |
3.65% |
1969 |
2.46% |
0.38% |
1968 |
2.08% |
0.37% |
1967 |
1.71% |
-6.22% |
1966 |
7.93% |
0.22% |
1965 |
7.71% |
2.54% |
1964 |
5.17% |
-1.41% |
1963 |
6.58% |
-2.83% |
1962 |
9.41% |
2.62% |
1961 |
6.79% |
4.56% |
1960 |
2.23% |
4.56% |