Bank of Israel - Main Israeli economic data

Main Israeli economic data

BANK OF ISRAEL - RESEARCH DEPARTMENT

MAIN ISRAELI ECONOMIC DATA

FOREIGN TRADE AND THE BALANCE OF PAYMENTS

C-11: FOREIGN TOURISM TO ISRAEL

	No. of tourist arrivals (thousands)				No. of bed-nights in tourist hotels
	Total		Thereof: from U.S.A. by air		(thousands)
	Unadjusted	Seasonally adjusted	Unadjusted	Seasonally adjusted	Unadjusted	Seasonally adjusted
	1	2	3	4	5	6
Annual average
2004	125.5		355.3		397.6
2005	159.7		418.1		565.3
2006	152.8				571.2
2007	191.1				700.5
2008	248.1				856.5
Monthly data
Jun 07	180.0	180.2			693.5	727.9
Jul 07	214.3	189.0			738.0	682.3
Aug 07	222.9	196.1			979.6	734.7
Sep 07	183.3	205.1			513.7	769.4
Oct 07	250.5	240.6			894.6	840.8
Nov 07	209.2	228.0			779.3	794.4
Dec 07	194.7	217.4			614.9	709.3
Jan 08	182.0	233.2			661.2	752.1
Feb 08	198.8	235.8			659.3	800.9
Mar 08	266.7	243.7			954.9	876.9
Apr 08	289.8	251.7			974.9	861.8
May 08	297.2	262.1			1,088.6	939.8
Jun 08	239.9	240.9			800.3	840.6
Jul 08	262.2	236.0
Change, percent Compared to same period the previous year
2005	27.2		17.7		42.2
2006	-4.3				1.0
2007	25.1				22.6
2008	29.8				22.3
Change, percent Compared to previous month¹
Jun 08	44.7	43.7			32.3	32.2
Jul 08	40.8	40.8
Change, percent During the quarter²
2006:4	8.0	22.3			8.9	20.7
2007:1	12.0	21.6			12.7	20.0
2007:2	27.2	-0.2			35.3	10.9
2007:3	8.8	15.7			-0.1	8.4
2007:4	5.5	16.2			2.6	7.2
2008:1	-1.1	3.9			-0.6	3.6
2008:2	27.7	5.9			25.9	8.7
2008:3	-4.9	-6.2

Note to table:

From the begining of December 1994, the series 'No. of bed-nights in tourist hotels' includes also no. of bed-nights in hotels

that are still not aproved by the ministry of tourism.

(1) Based on unadjusted cumulative data to current work quarter.

(2) Based on seasonally adjusted data.

SOURCE: Central Bureau of Statistics, Bank of Israel computations.

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