Economy of israel

The banking system 

Banks are essential to the modern economy and in Israel, they are a key part of the country's remarkable development.

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking
‘We now have a clearer view of what is already happening in Israel’s labor market, and we should shift the debate toward how to prepare and equip the labor market for the changes that are unfolding.’

AI is already reshaping Israel's workforce, and policy must catch up - opinion

Investors are beginning to ask where systems continue to function under stress.

Rethinking risk: Why Israel is no longer the outlier - opinion

Israel Navy missile ship patrols near gas field‏

Trump’s five day window for Iran deal may decide Israel’s inflation path, expert tells ‘Post’


How much is the war costing?

The government estimates that defense forces have so far spent about NIS 20 billion in fifteen days. The assessment is that the cost of the entire war could reach NIS 50 billion

People are seen at the Mahane Yehuda Market in Jerusalem despite the ongoing war with Iran and Hezbollah and missile fire toward Israel, March 9, 2026.

Bank of Israel warns budget could worsen deficit, debt ratio

The cabinet decided to increase the defense budget for this year by NIS 32 billion and allocate an additional reserve of about NIS 13 billion for defense and civilian needs

Finance Minister Bezalel Smotrich and Prime Minister Benjamin Netanyahu at cabinet meeting to vote on 2026 budget, December 5, 2025.

Finance Ministry warns of NIS 9.5b. weekly loss, urges Home Front Command to ease restrictions

The Finance Ministry warned that the economic shutdown is costing Israel NIS 9.5 billion per week, urging a shift to an alert status and allowing businesses with protected spaces to reopen.

Israeli shekel

Study shows how Israel's economy funnels money to ultra-Orthodox families through benefit programs

The study, titled "On Taxes and Wonders," mapped, for the first time comprehensively, all that Israeli citizens give to the state and all that they receive from it.

Israel’s ultra-Orthodox Jewish sector has been protesting over the attempts to draft young haredi men into the military.

Criticism without a platform, the problem with Bennett’s return - opinion

Bennett’s campaign leans on critique and rhetoric, offering little clarity on policy, governance, or Israel’s future direction.

Naftali Bennett.

Farmers halt milk supply in protest of Smotrich’s dairy industry reform

Numerous supermarkets across the country posted signs limiting the number of milk cartons each shopper could purchase as shelves ran low.

Israel faces milk store stock shortage as dairy farmers halt milk deliveries. Febuary 2, 2026

Grapevine: 'I also remember a miracle'

Movers and shakers in Israeli society.

The former concentration camp Auschwitz

IDB Chief Economist Einat Meir on Israel’s 2026 economic outlook and the global picture

Meir states that the Israeli shekel was one of the world’s strongest currencies in 2025, and is expected to maintain its strength in 2026

Einat Meir, chief economist at Israel Discount Bank

Teva collaborates on skin disease treatment, releases targets

Under the agreement with Royalty Pharma, the companies will jointly develop the anti-IL-15 antibody, TEV-'408, which is in a phase 1b trial for the treatment of vitiligo

Logo of Teva Pharmaceutical

Fuel prices in Israel to drop below 7 shekels per liter for first time since 2023

Fuel prices will drop below 7 shekels per liter for the first time since 2023, with the new rate of 6.85 shekels taking effect on January 1, the energy ministry announced.

View of the southern Israeli town of Beer Sheva. March 31, 2025.