Israel Inflation Rate 1960-2023

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 2021 was 1.49%, a 2.08% increase from 2020.
  • Israel inflation rate for 2020 was -0.59%, a 1.43% decline from 2019.
  • Israel inflation rate for 2019 was 0.84%, a 0.03% increase from 2018.
  • Israel inflation rate for 2018 was 0.82%, a 0.57% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Uruguay 7.75%
Hungary 5.11%
Poland 5.06%
United States 4.70%
Lithuania 4.68%
Estonia 4.65%
Chile 4.52%
Iceland 4.44%
New Zealand 3.94%
Czech Republic 3.84%
Norway 3.48%
Kuwait 3.42%
Canada 3.40%
Latvia 3.28%
Slovak Republic 3.15%
Germany 3.14%
Spain 3.09%
Saudi Arabia 3.06%
Bahamas 2.90%
Australia 2.86%
Austria 2.77%
Netherlands 2.68%
Palau 2.61%
Croatia 2.55%
Luxembourg 2.53%
United Kingdom 2.52%
South Korea 2.50%
Cyprus 2.45%
Belgium 2.44%
Ireland 2.36%
Singapore 2.30%
Qatar 2.30%
Finland 2.19%
Sweden 2.16%
Antigua and Barbuda 2.06%
Trinidad and Tobago 2.06%
Slovenia 1.92%
Italy 1.87%
Denmark 1.85%
Brunei 1.73%
France 1.64%
Panama 1.63%
Hong Kong 1.57%
Oman 1.55%
Malta 1.50%
Israel 1.49%
Portugal 1.27%
Greece 1.22%
St. Kitts and Nevis 1.20%
Switzerland 0.58%
Japan -0.23%
Bahrain -0.61%
Israel Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 1.49% 2.08%
2020 -0.59% -1.43%
2019 0.84% 0.03%
2018 0.82% 0.57%
2017 0.25% 0.79%
2016 -0.55% 0.09%
2015 -0.63% -1.12%
2014 0.49% -1.09%
2013 1.58% -0.11%
2012 1.69% -1.79%
2011 3.48% 0.76%
2010 2.72% -0.62%
2009 3.34% -1.22%
2008 4.56% 4.10%
2007 0.46% -1.60%
2006 2.06% 0.75%
2005 1.31% 1.72%
2004 -0.41% -1.14%
2003 0.73% -5.03%
2002 5.76% 4.60%
2001 1.15% 0.10%
2000 1.05% -4.12%
1999 5.18% -0.32%
1998 5.50% -3.46%
1997 8.96% -2.44%
1996 11.40% 1.46%
1995 9.94% -2.34%
1994 12.28% 1.30%
1993 10.98% -1.04%
1992 12.02% -7.00%
1991 19.02% 1.76%
1990 17.26% -3.04%
1989 20.30% 3.86%
1988 16.44% -2.65%
1987 19.09% -28.87%
1986 47.96% -260.83%
1985 308.79% -64.42%
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%