International Reserves in Israel

Israel International Reserves | Economic News & Forecasts

Israel - International Reserves

Growth was robust in the third quarter on strong private consumption, while fixed investment and exports contracted sharply. However, volatile vehicle purchases distorted the reading—as has been the case so far this year—while a rise in inventories also flattered the headline GDP figure, and underlying momentum was likely more modest. The economy had a largely soft start to the fourth quarter: In October, both consumer and business sentiment flagged, while merchandise exports plunged. Meanwhile, in politics, the chance of further elections rose when Benny Gantz, leader of the Blue and White alliance, failed to form a government on 20 November, triggering a 21-day period to find an alternative path forward. Moreover, the recent indictment of Benjamin Netanyahu on corruption charges makes a potential coalition between his Likud party and Blue and White even less likely as long as Netanyahu remains leader. However, political uncertainty is unlikely to have a major impact on growth for the time being.

Israel - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)81.8  86.1  90.6  98.4  113  

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Israel International Reserves Chart

Israel International Reserves
Note: International reserves in months of imports.
Source: Central Bank of Israel and FocusEconomics calculations.

Israel Facts

Bond Yield1.02-1.69 %Nov 21
Exchange Rate3.46-0.37 %Nov 21
Stock Market1,588-0.91 %Nov 21

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