Full press release


Graphs and data


  • In the second quarter of 2018, the balance of assets held abroad by Israeli residents increased by about $1 billion (about 0.2 percent). Net investments (financial and direct) in equities were partly offset by withdrawals from deposits abroad by Israelis and by a decline in the value of customer credit.
  •  Outstanding liabilities to abroad increased by approximately $11.8 billion (4 percent) in the second quarter. There was an increase in equity prices of Israeli companies traded abroad, net direct investments by nonresidents in Israeli share capital and investments in makam.
  • The ratio of gross external debt to GDP increased during the course of the second quarter by about 1.2 percentage points, to 26.4 percent at the end of June—reflecting an increase in the balance of gross external debt that was greater than the increase in GDP.
  •  Israel’s surplus of assets over liabilities vis-à-vis abroad decreased in the second quarter by approximately $10.8 billion (7.7 percent), to about $130 billion at the end of June, mainly as a result of an increase in the prices of Israeli equities held by nonresidents that increased the balance of liabilities.
  • The surplus of assets over liabilities vis-à-vis abroad in debt instruments alone (negative net external debt) declined by about $6.6 billion (4 percent) in the second quarter, to approximately $157 billion at the end of June.