Israel’s foreign exchange reserves at the end of March 2025 stood at $218,821 million, a decrease of $1,433 million from their level at the end of the previous month. The level of the reserves relative to GDP was 40.5 percent (Figure 1).
The decrease was mainly the result of the government’s foreign exchange activities totaling approximately $1,491 million. The decline was partly offset by a revaluation[a] that increased the reserves by approximately $124 million.
Israel's Foreign Exchange Reserves ($ million)
|
Date |
Reserves excluding IMF (including reserves bought under the natural gas purchase program) |
Reserves at the IMF[b] |
Total Foreign Exchange Reserves |
|
March 2025 |
214,405 |
4,416 |
218,821 |
|
February 2025 |
215,898c |
4,356 |
220,254c |
|
January 2025 |
211,710c |
4,358 |
216,068c |
|
December 2024 |
210,170c |
4,400c |
214,570c |
|
November 2024 |
212,684 |
4,416 |
217,100 |
|
October 2024 |
211,638 |
4,436 |
216,074 |
|
September 2024 |
215,807 |
4,570 |
220,377 |
|
August 2024 |
212,847c |
4,538 |
217,385c |
|
July 2024 |
209,141 |
4,493 |
213,634 |
|
June 2024 |
205,854c |
4,427 |
210,281c |
|
May 2024 |
206,035c |
4,475 |
210,510c |
|
April 2024 |
203,656 |
4,453 |
208,109 |
|
March 2024 |
209,261c |
4,480 |
213,741c |
Figure 1
Level of foreign exchange reserves, and their ratio to GDP, 2007–2025
a Includes Bank of Israel payments and receipts in foreign currency.
b This column includes Special Drawing Rights (SDRs), the balance of NAB loans, and the balance of Israel's reserve tranche at the IMF.
c Updated after the original date of publication.