ECONOMY — April 4, 2026

Bank of Israel Reports $112 Billion in Costs from Conflicts Since October 2023

The Bank of Israel reports $112 billion in costs from the Gaza war and clashes with Houthis, Lebanon, and Iran since October 2023, averaging $96 million daily. The conflicts have strained the economy and undermined Israel's international position.

The Ehtebar Desk — originates with RTA2 min read

Bank of Israel Reports $112 Billion in Costs from Conflicts Since October 2023
Image courtesy RTA

The Bank of Israel has reported that the Gaza war and clashes with Yemen's Houthis, groups in Lebanon, and Iran since October 2023 have cost approximately $112 billion.

These conflicts have averaged a daily cost of $96 million, imposing a heavy burden on Israel's economy.

The wars have also seriously damaged Israel's global political and economic standing.

An RTA report citing the central bank detailed the $112 billion figure in its body text, though its headline referred to $122 billion in losses since 2023.

Read the original reporting at RTA

Reliability assessment

Single source provides direct attribution to statistics from the Central Bank of Israel with concrete figures (112 billion USD, 96 million/day) and timeframe (since October 2023).

The source language mixes facts with framing or advocacy wording. RTA: "Israeli regime" (repeated pejorative term implying illegitimacy); "heavy burden" (emotional framing of economic impact); "seriously damaged" (advocacy phrasing exaggerating global consequences).

Across the newsrooms

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EconomyIsrael, Gaza war, Houthis, Lebanon, Iran

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