Israelis Shatter Spending Records During Summer Vacation
Translated & summarized from Ice by baba
Israelis spent a record 109.045 billion shekels on credit and debit cards during the July-August 2026 summer vacation, a 7.9% increase from the previous year. August 2026 spending alone reached 54.115 billion shekels, marking a 10% rise compared to August 2025.
The story in 5 lines · by baba
- Israeli summer vacation spending hit a record 109 billion shekels in 2026.
- This spending is up 7.9% from the 2025 summer season.
- August 2026 spending increased 10% year-over-year to 54 billion shekels.
- Summer spending has grown over 40% in the last five years.
- Daily average spending in August 2026 exceeded 1.7 billion shekels.
Israelis spent a record-breaking 109.045 billion shekels on credit and debit cards during the summer vacation months of July and August 2026. This figure represents a 7.9% increase compared to the 101.068 billion shekels spent in the summer of 2025. Over the past five years, summer spending has surged by more than 40%, up from 77.801 billion shekels in July-August 2022.
August 2026 alone saw spending reach 54.115 billion shekels, an increase of over 4.9 billion shekels, or 10%, compared to August 2025's 49.206 billion shekels. The daily average spending in August was 1.746 billion shekels. While this represents a slight 1.4% decrease from July 2026's daily average of 1.771 billion shekels, August marked the third consecutive month where the daily average exceeded 1.7 billion shekels.
The data was released by Shva, the company that develops and manages national credit card and ATM payment systems.
