Elections for the third Knesset were held in Israel on 26 July 1955. Voter turnout was 82.8%.^[1]

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Elections for the 3rd Knesset

← 1951 26 July 1955 1959 →
Turnout	82.8%
Party Leader % Seats +/– Mapai David Ben-Gurion 32.2 40 −5 Herut Menachem Begin 12.6 15 +7 General Zionists Israel Rokach 10.2 13 −7 National Religious Front Haim-Moshe Shapira 9.1 11 +1 Ahdut HaAvoda Yitzhak Tabenkin 8.2 10 New Mapam Meir Ya'ari 7.3 9 −6 Religious Torah Front Yitzhak-Meir Levin 4.7 6 +1 Maki Shmuel Mikunis 4.5 6 +1 Progressive Party Pinchas Rosen 4.4 5 +1 Democratic List for Israeli Arabs Seif el-Din el-Zoubi 1.8 2 −1 Progress and Work Salah-Hassan Hanifes 1.5 2 +1 Agriculture and Development Faras Hamdan 1.1 1 0 This lists parties that won seats. See the complete results below. Prime Minister before Prime Minister after Moshe Sharett Mapai David Ben-Gurion Mapai

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The table below lists the parliamentary factions represented in the 2nd Knesset.

Mapai retained its plurality in the Knesset, although its share of the vote dropped by 5.1 and its share of seats dropped from 47 (at the end of the Second Knesset) to 40. Meanwhile, Herut overtook the General Zionists, Mapam, and Hapoel HaMizrachi to become the second-largest party, with its share of seats nearly doubling (from 8 in the Second Knesset to 15 in the Third).

The Third Knesset is notable for being the only Knesset thus far in which none of the represented parties merged or split (although two parties did change their names) and no MKs switched parties, making it the most stable Knesset in Israel's history.

Unlike the second Knesset, the third Knesset was one of the most stable in Israel's history. There were only two governments, and it was the only Knesset to date during which none of the parties split or merged. As with the first and second Knesset, the speaker was Yosef Sprinzak until his death on 28 January 1959. He was replaced by Ahdut HaAvoda's Nahum Nir.