Quarterly value and growth of private consumption in Israel 2021-2024
In the third quarter of 2024, private consumption in Israel reached almost 257 billion Israeli shekels (about 71 billion U.S. dollars). This amounted to an almost ten percent rebound from the previous quarter. Following the start of the Israel-Hamas war on October 7, 2023, private consumption in the country drastically fell by over ten percent in the fourth quarter of 2023.