Israel’s foreign exchange reserves at the end of February 2025 stood at $220,253 million, an increase of $4,185 million from their level at the end of the previous month. The level of the reserves relative to GDP was 40.6 percent (Figure 1).
The increase was mainly the result of:
- The government’s foreign exchange activities totaling approximately $2,467 million
- A revaluation[1] that increased the reserves by approximately $1,667 million.
Israel's Foreign Exchange Reserves ($ million)
|
Date |
Reserves excluding IMF (including reserves bought under the natural gas purchase program) |
Reserves at the IMF[2] |
Total Foreign Exchange Reserves |
|
February 2025 |
215,897 |
4,356 |
220,253 |
|
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 |
|
February 2024 |
202,326c |
4,495 |
206,821c |
|
January 2024 |
201,597 |
4,528 |
206,125 |
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.