The Bank of Israel published data showing that nonfinancial private sector debt, covering both businesses and households, continued to increase in the first quarter of 2026. The outstanding balance rose by about 2.3 percent to around NIS 2.5 trillion. Business sector debt increased by about 3 percent to roughly NIS 1.6 trillion, mainly due to net debt raising concentrated in bank credit to large and medium-sized businesses. Household debt rose to about NIS 914 billion, entirely because housing debt increased by about NIS 10 billion, or 1.5 percent, driven by new mortgage borrowing from banks. Nonhousing household debt was virtually unchanged at about NIS 251 billion.
Bank of Israel2026-06-23
Bank of Israel reports nonfinancial private sector debt rose 2.3 percent to about NIS 2.5 trillion in the first quarter of 2026
Bank of Israel data show nonfinancial private sector debt rose about 2.3 percent in the first quarter of 2026 to around NIS 2.5 trillion. Business debt increased to about NIS 1.6 trillion, while household debt reached about NIS 914 billion on higher mortgage borrowing. Nonhousing household debt was broadly unchanged at about NIS 251 billion.