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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 %)
Year Annual Inflation Rate (%)
2024 3.06%
2023 4.21%
2022 4.41%
2021 1.53%
2020 -0.61%
2019 0.85%
2018 0.79%
2017 0.26%
2016 -0.55%
2015 -0.6%
2014 0.48%
2013 1.57%
2012 1.68%
2011 3.48%
2010 2.69%
2009 3.36%
2008 4.55%
2007 0.46%
2006 2.06%
2005 1.31%
2004 -0.38%
2003 0.7%
2002 5.77%
2001 1.15%
2000 1.03%
1999 5.18%
1998 5.49%
1997 8.97%
1996 11.42%
1995 9.93%
1994 12.28%
1993 10.92%
1992 12.02%
1991 19.14%
1990 17.19%
1989 20.35%
1988 16.4%
1987 19.07%
1986 47.89%
1985 309.93%
1984 373.22%
1983 145.95%
1982 120.36%
1981 116.8%
1980 131.02%
1979 78.31%
1978 50.55%
1977 34.62%
1976 31.31%
1975 39.31%
1974 39.68%
1973 20.03%
1972 12.88%
1971 11.97%
1970 6.11%
1969 2.46%
1968 2.08%
1967 1.71%
1966 7.93%
1965 7.71%
1964 5.17%
1963 6.58%
1962 9.41%
1961 6.79%
1960 2.23%
Israel Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Israel.