Israel Annual Inflation Rate
Israel's annual inflation rate fell to 3.06% in 2024, down from 4.21% in 2023, according to World Bank. This represents a decrease of 1.15% from the previous year. Israel has annual inflation rate lower than the global median (3.06% vs median 3.16%). Compared with the median in Asia, Israel is higher (3.06% vs regional median 2.56%) and ranks 19th out of 44 countries in Asia.
Yearly Historical Data (1960-2024)
(in %)Israel Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Israel.