Breaking Update

Israel Sees 0.8% Decrease in Revenue for All Sectors of the Economy

Israel's economy experienced a 0.8% revenue decrease across all sectors in Q1 2026, according to the Central Bureau of Statistics.

Economy

Jerusalem, 1 June, 2026 (TPS-IL) — Israel’s Central Bureau of Statistics reported that there was a decrease in revenue for all sectors of the economy by 0.8% on an annual basis, after an increase of 6.7%. This is based on the data collected on revenue indices for all sectors of the economy according to VAT data for the months January – March 2026 compared to October – December 2025 (trend data).

Also, there was a decrease in revenue from the mining and quarrying industry sectors of 0.2% on an annual basis, after an increase of 13.2%, an increase in revenue from the wholesale and retail trade sectors of 1.0% on an annual basis, following an increase of 7.2% and an increase in revenue for all high-tech industries of 2.8% on an annual basis, following an increase of 15.2%.

High-tech revenue in industrial sectors declines by 1.6% annually, after an increase of 38.8%, and there was an increase in high-tech revenue in the service industries of 1.2% on an annual basis, following an increase of 2.0%.

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