Israel’s foreign exchange reserves at the end of April 2025 stood at $222,035 million, an increase of $3,224 million from their level at the end of the previous month. The level of the reserves relative to GDP was 41.1 percent (Figure 1).
The increase was mainly the result of a revaluation[1] that increased the reserves by approximately $4,842 million. This increase was partly offset by the government’s foreign exchange activities totaling approximately $1,644 million.
Israel's Foreign Exchange Reserves ($ million)
|
Date |
Reserves excluding IMF (including reserves bought under the natural gas purchase program) |
Reserves at the IMF[2] |
Total Foreign Exchange Reserves |
|
April 2025 |
217,489 |
4,546 |
222,035 |
|
March 2025 |
214,395c |
4,416 |
218,811c |
|
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 |
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.