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Interest Rate on Bank Loans (Local Currency) in Israel

Source: OECD, Bank of Israel, World Bank
Last Updated: July 24, 2023

Interest rate on bank loans reached 3.10% in 2021 in Israel, according to the National Central Bank. This is 6.27% less than in the previous year.

Historically, interest rate on bank loans in Israel reached an all time high of 823% in 1984 and an all time low of 3.10% in 2021.

Israel has been ranked 88th within the group of 94 countries we follow in terms of interest rate on bank loans.

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