Israeli economy

Economy Ministry ends 'Israel's Basket' pilot due to upcoming elections

Economy Minister Nir Barkat decided not to extend the project due to the expected change in government, leaving the decision to the incoming administration.

Economy Minister Nir Barkat presents "Israel's Basket".
A worker pours honey into a jar at the Raikin apiary in Moshav Sde Eliezer in northern Israel on September 19, 2022 ahead of the Jewish New Year holiday of Rosh Hashanah; illustrative

Demand for food assistance surges 32% ahead of Rosh Hashanah

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Strong shekel squeezes Israeli high-tech as AI reshapes the industry - opinion

Emergency workers gather in the early hours of March 22, 2026 at the site of an Iranian missile strike hours earlier in Arad, Israel. Dozens were wounded in the strike, which Israel's air-defence system failed to intercept.

After Iran’s missile strikes, Israeli team develops rapid AI building‑map tool


Tourism Ministry reveals plan for vaccinated incoming tourists

Tourism from overseas dropped by 81% in 2020 – and although a third of Israeli hotels remain closed, hundreds of thousands of Israelis depend on visitors from abroad for their livelihood.

THE BERESHEET Hotel in Mitzpeh Ramon is open only to vaccinated Israelis

Israeli Economist signs agreement to finance investments with Morocco

The two ministries agreed to establish a joint economic team and outline future agreements.

Israel's National Security Adviser Meir Ben-Shabbat is seen speaking in Rabat during a joint US-Israeli delegation to Morocco on December 22, 2020.

S&P affirms Israel’s AA-rating despite economic hit

"Israel is in a good position compared to other countries who are struggling [financially] with the coronavirus crisis."

The S&P Global logo is displayed on its offices in the financial district in New York City

Prices stay high as unemployment soars, fueling economic crisis - analysis

Israelis pay as if they live in a wealthy country, and receive average or below average goods and services.

People walk at the Mamilla Mall near Jerusalem's Old City on May 3, 2020.

Israel’s tale of two economies

The pandemic has highlighted economic, as well as demographic, differences in Israel

THE CORONAVIRUS CRISIS may further exacerbate social disparity, as the hi-tech sector seems to be less affected and better able to cope with it.

Israel slips to 26th spot in global economic competitiveness ranking

The Israeli economy impressed globally for its scientific infrastructure but scored particularly poorly in a comparison of prices and basic infrastructure.

A general view shows part of Tel Aviv amid an ease of restrictions following the coronavirus disease (COVID-19) in Israel May 7, 2020.

The Anglo playing a key role in jump-starting Israel’s economy

“We haven’t seen a contraction on a yearly basis in the Israeli economy for an awful long time, this is a very rare event.”

ANDREW ABIR

What are the key challenges facing Israel's new finance minister?

Faced with an economy expected to enter recession, soaring unemployment and no government budget, it is difficult to imagine a harder welcome for Israel Katz.

New Finance Minister Israel Katz

Israel is moving toward greater economic freedom - analysis

How does this tiny nation in one of the world's toughest neighborhoods manage to be so innovative and entrepreneurial?

An electronic board displaying market data is seen at the entrance of the Tel Aviv Stock Exchange, in Tel Aviv, Israel

The impact of the coronavirus pandemic on the Israeli economy

Lockdowns mean skyrocketing unemployment and reduced GDP, leaving no household or business unscathed. Unemployment exceeded 20% for the first time this evening.

A man enters the main branch of Bank Hapoalim, Israel's biggest bank, in Tel Aviv, Israel July 18, 2016. Picture taken July 18, 2016