HistoryData

Unemployment Rate: Israel

Israel's unemployment rate is currently 3.2% as of 2026. # Israel Unemployment Rate Israel's unemployment rate stands at 3.

Current (2026)
3.2%
+10.3% y/y
Peak (2003)
13.4%
Low (2025)
2.9%
Source
IMF World Economic Outlook
19802026 · 51 pts

Unemployment RateIsrael

19802026

Unemployment Rate — Israel
2.9%5.525%8.15%10.775%13.4%198019902000201020202030PeakLow
Analysis# Israel Unemployment Rate Israel's unemployment rate stands at 3.2% in 2026, reflecting a robust labor market compared to historical benchmarks. The country reached its all-time peak of 13.4% in 2003, then embarked on a prolonged decline, achieving a 33.3% reduction over the past 46 years. The recent low of 2.9% occurred in 2025, positioning the current rate just slightly above this near-record level. The most significant shift occurred between 2003 and 2017, when the unemployment rate fell from crisis levels to the mid-4% range. A notable spike to 5% emerged in 2021 amid pandemic disruptions, yet the economy quickly recovered through 2022–2025, settling into the lowest band of the 50-year data series. The modest uptick from 2.9% to 3.2% suggests stabilization rather than deterioration, maintaining Israel's position within a historically tight labor market.

Historical Data

51 Rows
YearValueChange %
20303.9%+0.00%
20293.9%+5.41%
20283.7%+5.71%
20273.5%+9.37%
20263.2%+10.34%
20252.9%-3.33%
20243.0%-14.29%
20233.5%-7.89%
20223.8%-24.00%
20215.0%+16.28%
20204.3%+13.16%
20193.8%-5.00%
20184.0%-4.76%
20174.2%-12.50%
20164.8%-7.69%
20155.2%-11.86%
20145.9%-4.84%
20136.2%-10.14%
20126.9%-2.82%
20117.1%-14.46%
Show all 51 rows
YearValueChange %
20108.3%-11.70%
20099.4%+22.08%
20087.7%-16.30%
20079.2%-12.38%
200610.5%-6.25%
200511.2%-13.18%
200412.9%-3.73%
200313.4%+3.88%
200212.9%+11.21%
200111.6%+6.42%
200010.9%-1.80%
199911.1%+3.74%
199810.7%+12.63%
19979.5%+14.46%
19968.3%+20.29%
19956.9%-11.54%
19947.8%-22.00%
199310.0%-10.71%
199211.2%+5.66%
199110.6%+10.42%
19909.6%+7.87%
19898.9%+39.06%
19886.4%+4.92%
19876.1%-14.08%
19867.1%+5.97%
19856.7%+13.56%
19845.9%+28.26%
19834.6%-8.00%
19825.0%-1.96%
19815.1%+6.25%
19804.8%

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