Debt Developments in the Nonfinancial Private Sector, Second Quarter of 2022

 The following is a summary of developments in nonfinancial private sector debt in the second quarter of 2022:

  • The balance of business sector debt continued to increase, by about NIS 56 billion (4.9 percent), mainly due to the shekel’s depreciation against the US dollar and net debt raised in all channels.
  •  The balance of households’ debt also continued to increase. Housing debt increased by about NIS 20 billion (4 percent), mainly due to an increase in the volume of new mortgages taken out by households from the banks.
  •  The balance of nonhousing debt increased in the second quarter, by about NIS 6 billion (2.7 percent).