empty
 
 

2026.07.1610:19:05UTC+00Israel Economy Contracts 3.8% in Q1

Israel’s economy contracted at an annualized rate of 3.8% in the first quarter of 2026, following a downwardly revised 2.8% expansion in the previous quarter, in line with preliminary estimates. The downturn was driven primarily by the "Harry’s Uproar" war, which significantly disrupted economic activity. Domestic demand weakened, with private consumption declining by 4.9% and public consumption falling by 4.8%. Net exports also dragged on growth: imports of goods and services (excluding defense imports, ships, aircraft, and diamonds) rose by 1.8%, while exports of goods and services (excluding start-ups and diamonds) plunged by 32.7%. In contrast, investment in fixed assets increased by 12.8%.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback