The benchmark interest rate in Israel was last recorded at 0.25 percent. Interest Rate in Israel averaged 5.40 percent from 1996 until 2019, reaching an all time high of 17 percent in June of 1996 and a record low of 0.10 percent in March of 2015. In Israel, the interest rates decisions are taken by the Bank of Israel. The official interest rate is the “headline” rate. This page provides – Israel Interest Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.