Breaking Update
Israel’s Outstanding Liabilities Abroad Hit $652 Billion in 4th Quarter 2025
Israel's outstanding liabilities abroad rose to $652 billion in Q4 2025, as nonresident investments and security prices increased, reports the Bank of Israel.
Jerusalem, 18 March, 2026 (TPS-IL) — The Bank of Israel reported that the economy’s outstanding liabilities to abroad increased by approximately $28 billion (about 4.5%) in the fourth quarter of 2025, to about $652 billion at the end of the quarter. During the quarter, nonresidents’ direct investments in Israel increased, including in share capital, relative to the previous four quarters. At the same time, the prices of Israeli securities held by nonresidents increased.
Also in the fourth quarter of 2025, the balance of assets held abroad by Israeli residents increased by approximately $29 billion (about 3.2%), to about $915 billion at the end of December. The increase in the balance was mainly due to net investments abroad by Israeli residents and an increase in prices of foreign securities held by Israeli residents.
The surplus of assets over liabilities vis-à-vis abroad increased during the fourth quarter of 2025 by $1 billion (0.3%), to about $263 billion at the end of the quarter.
The surplus of assets over liabilities vis-à-vis abroad in debt instruments alone (negative net external debt) increased by about $9 billion (2.8%) during the fourth quarter, to approximately $331 billion at the end of December.
The ratio of gross external debt to GDP (in dollar terms) declined by 0.2 percentage points in the fourth quarter, to about 26.6% at the end of December.
