21 Heb “So do not be afraid, my servant Jacob, oracle of the Lord.” Here and elsewhere in the verse the terms Jacob and Israel are poetic for the people of Israel descended from the patriarch Jacob. The terms have been supplied throughout with plural referents for greater clarity.
22 Heb “For I will rescue you from far away, your descendants from the land of their captivity.”
23 Compare the ideals of the Mosaic covenant in Lev 26:6, the Davidic covenant in 2 Sam 7:10–11, and the new covenant in Ezek 34:25–31.
24 Heb “Oracle of the Lord.”
25 The translation “entirely unpunished” is intended to reflect the emphatic construction of the infinitive absolute before the finite verb.

In other versions

ESVEnglish Standard Version

“Then fear not, O Jacob my servant, declares the Lord,

nor be dismayed, O Israel;

for behold, I will save you from far away,

and your offspring from the land of their captivity.

Jacob shall return and have quiet and ease,

and none shall make him afraid.

For I am with you to save you,

declares the Lord;

I will make a full end of all the nations

among whom I scattered you,

but of you I will not make a full end.

I will discipline you in just measure,

and I will by no means leave you unpunished.

NIVNew International Version (2011)

“ ‘So do not be afraid, Jacob my servant;

do not be dismayed, Israel,’

declares the Lord.

‘I will surely save you out of a distant place,

your descendants from the land of their exile.

Jacob will again have peace and security,

and no one will make him afraid.

I am with you and will save you,’

declares the Lord.

‘Though I completely destroy all the nations

among which I scatter you,

I will not completely destroy you.

I will discipline you but only in due measure;

I will not let you go entirely unpunished.’

CSBChristian Standard Bible

As for you, my servant Jacob,

do not be afraid—this is the Lord’s declaration—

and do not be discouraged, Israel,

for without fail I will save you out of a distant place,

your descendants, from the land of their captivity!

Jacob will return and have calm and quiet

with no one to frighten him.

For I will be with you—this is the Lord’s declaration—

to save you!

I will bring destruction on all the nations

where I have scattered you;

however, I will not bring destruction on you.

I will discipline you justly,

and I will by no means leave you unpunished.

NLTNew Living Translation

“So do not be afraid, Jacob, my servant;

do not be dismayed, Israel,”

says the Lord.

“For I will bring you home again from distant lands,

and your children will return from their exile.

Israel will return to a life of peace and quiet,

and no one will terrorize them.

For I am with you and will save you,”

says the Lord.

“I will completely destroy the nations where I have scattered you,

but I will not completely destroy you.

I will discipline you, but with justice;

I cannot let you go unpunished.”

LEBThe Lexham English Bible

But you must not fear, my servant Jacob,’ declares Yahweh,

‘and you must not be dismayed, Israel,

for look, I am going to save you from far,

and your offspring from the land of their captivity.

And Jacob will return,

and he will be at rest,

and he will be at ease,

and there will be no one who makes him afraid.

For I am with you,’ declares Yahweh, ‘to save you.

For I will make a complete destruction

of all the nations to which I scattered you,

but you I will not make a complete destruction.

And I will chastise you to the measure,

and I will not leave you entirely unpunished.’

KJV 1900King James Version

Therefore fear thou not, O my servant Jacob, saith the Lord;

Neither be dismayed, O Israel:

For, lo, I will save thee from afar,

And thy seed from the land of their captivity;

And Jacob shall return,

And shall be in rest, and be quiet,

And none shall make him afraid.

For I am with thee, saith the Lord, to save thee:

Though I make a full end of all nations whither I have scattered thee,

Yet will I not make a full end of thee:

But I will correct thee in measure,

And will not leave thee altogether unpunished.

Public Domain