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Government Finance of Israel

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

22.3% 12.1% 16.1% 9.8% 34.0%
  • Personal income taxes: 22.3%
  • Corporate income taxes: 12.1%
  • Social security contributions: 16.1%
  • Payroll taxes: 2.9%
  • Property taxes: 9.8%
  • Goods and services taxes: 34.0%
Show table
Personal income taxes
22.3%
Corporate income taxes
12.1%
Social security contributions
16.1%
Payroll taxes
2.9%
Property taxes
9.8%
Goods and services taxes
34.0%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 69.8% #51 / 184 2026
Government Gross Debt (Local currency - ILS) 1.57T - 2026
Government Net Debt (% of GDP) 68.3% #18 / 86 2026
Government Net Debt (Local currency - ILS) 1.53T - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -5.9% #155 / 189 2026
Fiscal Balance (Local currency - ILS) -131B - 2026
Primary Fiscal Balance (% of GDP) -3.1% #146 / 182 2026
Primary Fiscal Balance (Local currency - ILS) -69.7B - 2026

Revenue and Spending

Government Revenue (% of GDP) 38.4% #47 / 189 2026
Government Revenue (Local currency - ILS) 861B - 2026
Government Spending (% of GDP) 44.2% #38 / 189 2026
Government Spending (Local currency - ILS) 992B - 2026

International Reserves

Total Reserves (USD) 215B #18 / 163 2024

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