Yes, indeed it is.
As of 3 Janaury 2022:
( 8,244 "officially" dead from Covid over two years / 8,655,535 Israelis ) x 100 = 0.095 %
Less than one tenth of one percent over a two year period.
Does such a real and official data point justify the hysteria we are watching in Israel?
https://coronavirus.jhu.edu/region/israel