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 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 for 2019 was 0.85%, a 0.06% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lithuania 19.71%
Estonia 19.40%
Latvia 17.31%
Czech Republic 15.10%
Hungary 14.61%
Poland 14.43%
Slovak Republic 12.77%
Palau 12.35%
Chile 11.64%
Croatia 10.78%
Netherlands 10.00%
Greece 9.65%
Belgium 9.60%
Uruguay 9.10%
Slovenia 8.83%
Austria 8.55%
Cyprus 8.40%
Spain 8.39%
Sweden 8.37%
Iceland 8.31%
Italy 8.20%
United States 8.00%
United Kingdom 7.92%
Portugal 7.83%
Ireland 7.81%
Denmark 7.70%
Antigua and Barbuda 7.53%
New Zealand 7.17%
Finland 7.12%
Germany 6.87%
Canada 6.80%
Australia 6.59%
Luxembourg 6.34%
Malta 6.15%
Singapore 6.12%
Norway 5.76%
Bahamas 5.61%
France 5.22%
South Korea 5.09%
Qatar 5.00%
UAE 4.83%
Israel 4.39%
Brunei 3.68%
Bahrain 3.63%
Panama 2.86%
Switzerland 2.84%
Oman 2.81%
St. Kitts and Nevis 2.67%
Japan 2.50%
Saudi Arabia 2.47%
Hong Kong 1.88%
Macao 1.05%
Israel Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%