Israel Poverty Rate
Israel's poverty rate was 0.7% in 2021, unchanged from 2020, according to World Bank. Israel has poverty rate lower than the global median (0.70% vs median 1.90%). Compared with the median in Asia, Israel is lower (0.70% vs regional median 2.00%) and ranks 19th out of 30 countries in Asia.
Israel's annual unemployment rate fell to 3.15% in 2024, down from 3.6% in 2023.
Yearly Historical Data (1979-2021)
(in %)Israel Poverty Rate : Definition
Poverty Rate measures the percentage of people in Israel living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).