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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 %)
Year Poverty Rate (%)
2021 0.7%
2020 0.7%
2019 1%
2018 0.7%
2017 0.7%
2016 0.5%
2015 0.5%
2014 0.7%
2013 0.5%
2012 0.7%
2011 0.3%
2010 0.5%
2009 0.7%
2008 0.7%
2007 0.5%
2006 0.5%
2005 1%
2004 1%
2003 0.9%
2002 0.7%
2001 0.2%
1997 0.5%
1992 0.2%
1986 0.5%
1979 0.4%
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).