Israel interest rate: Bank of Israel policy rate
The Bank of Israel policy rate is 3.25%, in force since Sep 3, 2026. Source: Bank for International Settlements, data to Sep 30, 2026. Cut from 3.50% on Sep 3, 2026.
Rate changes
| Since | Policy rate | Change (percentage points) |
|---|---|---|
| Sep 3, 2026 | 3.25% | -0.25 |
| Jul 9, 2026 | 3.50% | -0.25 |
| May 28, 2026 | 3.75% | -0.25 |
| Jan 8, 2026 | 4.00% | -0.25 |
| Nov 27, 2025 | 4.25% | -0.25 |
| Jan 4, 2024 | 4.50% | -0.25 |
| May 25, 2023 | 4.75% | +0.25 |
| Apr 7, 2023 | 4.50% | +0.25 |
| Feb 23, 2023 | 4.25% | +0.50 |
| Jan 5, 2023 | 3.75% | +0.50 |
| Nov 24, 2022 | 3.25% | +0.50 |
| Oct 9, 2022 | 2.75% | +0.75 |
| Aug 25, 2022 | 2.00% | +0.75 |
| Jul 7, 2022 | 1.25% | +0.50 |
| May 26, 2022 | 0.75% | +0.40 |
| Apr 14, 2022 | 0.35% | +0.25 |
| Apr 10, 2020 | 0.10% | -0.15 |
| Nov 29, 2018 | 0.25% | +0.15 |
| Jan 1, 2016 | 0.10% | — |
Source: Bank for International Settlements (BIS), central bank policy rates, updated daily. The rate shown is the one each central bank uses to signal its policy.
Frequently asked questions
What is the interest rate in Israel?
The Bank of Israel policy rate is 3.25% (since Sep 3, 2026).
When did the Bank of Israel last change its policy rate?
On Sep 3, 2026, from 3.50% to 3.25%.
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