Latest: United Kingdom 11:30 BOE Inflation Letter Forecast: 0
Latest: United Kingdom 12:30 Spring Forecast Statement Forecast: 0
Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 06:00 GDP (YoY) Forecast: 0 % Actual: 3.6%

Israel Government Budget: Revenues and Spending

Israel Government Budget Data

Indicator Data Period
Government Budget Value -5747 ILS Million | -1.453 B USD Aug/23
Government Spending 82348 ILS Million | 20.82 B USD 2Q/23
Government Revenues 33804 ILS Million | 8.547 B USD Aug/23
Government Budget to GDP 0.6 % 2022
Government Spending to GDP 39.1 % 2022


Latest data on Government Budget Value (ILS Million)

Government Budget Value
                     Israel - Historical Data (ILS Million)

How much is Israel Government Budget?

  • The deficit of government budget in Israel decreased to 5747 ILS Million (1.453 B USD) in August 2023. The maximum surplus was 6084 ILS Million and deficit was -22850 ILS Million.
  • Data published Monthly by Ministry of Finance.

Historical Data (ILS Million) by years

Data
Period
Date
-5747 Aug/23 16.09.2023
-553 Jul/23 10.08.2023
-6224 Jun/23 14.07.2023
-4440 May/23 08.06.2023
3300 Apr/23 08.05.2023
-2719 Mar/23 16.04.2023
2688 Feb/23 09.03.2023
14180 Jan/23 09.02.2023


Historical Chart by presidents (ILS Million)

Government Budget Value in Israel by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Reuven Rivlin 24.07.2014 - -2330.0000 -800.0000 5238.0000 -4400000.0000 -65.67%
Shimon Peres 15.07.2007 - 24.07.2014 1532.0000 -5118.0000 6084.0000 -13924.8400 -434.07%
Moshe Katsav 01.08.2000 - 01.07.2007 4918.0000 -2730.0000 5599.0000 -7788.0000 -155.51%


Latest data on Government Spending (ILS Million)

Government Spending
                     Israel - Historical Data (ILS Million)

What is current Israel Government Spending?

  • Government Spending in Israel increased to 82348 ILS Million (20.82 B USD) in the second quarter of 2023. The maximum volume was 82254 ILS Million and minimum was 41087 ILS Million
  • Data published Quarterly by Central Bureau of Statistics.

Historical Data (ILS Million) by years

Data
Period
Date
82348 2Q/23 19.08.2023
82213 1Q/23 20.05.2023
81817 4Q/22 17.02.2023
81249 3Q/22 16.11.2022
80226 2Q/22 16.08.2022
80114 1Q/22 21.05.2022
82194 4Q/21 19.02.2022
77286 3Q/21 18.01.2022


Historical Chart by presidents (ILS Million)

Government Spending in Israel by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Reuven Rivlin 24.07.2014 - 64168.7000 71624.0000 71624.0000 64168.7000 11.62%
Shimon Peres 15.07.2007 - 24.07.2014 52106.2000 63126.6000 63126.6000 51708.4000 21.15%
Moshe Katsav 01.08.2000 - 01.07.2007 45561.8000 52386.3000 52386.3000 45561.8000 14.98%
Ezer Weizman 13.05.1993 - 13.07.2000 39451.3000 45291.2000 46388.1000 39451.3000 14.80%


Latest data on Government Revenues (ILS Million)

Government Revenues
                     Israel - Historical Data (ILS Million)

How much is Israel Government Revenue?

  • Government Revenues in Israel decreased to 33804 ILS Million (8.547 B USD) in August 2023. The maximum volume was 36740 ILS Million and minimum was 4061 ILS Million
  • Data published Monthly by Ministry of Finance.

Historical Data (ILS Million) by years

Data
Period
Date
33804 Aug/23 16.09.2023
39.25 Jul/23 12.08.2023
32784 Jun/23 14.07.2023
36496 May/23 10.06.2023
40666 Apr/23 13.05.2023
40832 Mar/23 22.04.2023
35625 Feb/23 11.03.2023
44368 Jan/23 11.02.2023


Historical Chart by presidents (ILS Million)

Government Revenues in Israel by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Reuven Rivlin 24.07.2014 - 26936.0000 26936.0000 26936.0000 26936.0000 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Israel - Historical Data (%)

What is the deficit of Israel Government Budget?

  • The deficit of Current Account to GDP in Israel increased to 0.6 % in 2022. The maximum surplus was 2.7 % and deficit was -16.1 %.
  • Data published Yearly by Ministry of Finance.

Historical Data (%) by years

Data
Period
Date
0.6 2022 11.01.2023
-5.5 2021 26.08.2022
-11.7 2020 11.01.2021
-4.5 2019 06.01.2020
-1.9 2018 04.07.2019


Historical Chart by presidents (%)

Government Budget to GDP in Israel by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Government Spending to GDP (%)

Government Spending to GDP
                     Israel - Historical Data (%)

What is Israel government spending ratio to GDP?

  • Government Spending to GDP in Israel decreased to 39.1 % in 2022. The maximum level was 80.1 % and minimum was 28.1 %.
  • Data published Yearly by Central Bureau of Statistics.

Historical Data (%) by years

Data
Period
Date
39.1 2022 15.08.2023
42.5 2021 26.08.2022
46.9 2020 09.04.2021
39.7 2019 26.05.2020
40.3 2018 20.01.2020
39.5 2017 04.07.2019


Historical Chart by presidents (%)

Government Spending to GDP in Israel by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Israel

Index Updated Actual Previous
Government Debt to GDP 2022 60.9 % 68
Fiscal Expenditure  Aug/23 9.996 B USD 10.043
Military Expenditure 2022 23.406 B USD 24.341

Government Budget to GDP in other countries

Country Updated Actual Previous
Bangladesh 2022 5.06 % -6.23
Jordan 2022 -4.6 % -5.4
Kyrgyzstan 2022 -1.1 % -0.2
Mongolia 2022 -1.9 % -6.8
Nepal 2022 -5.4 % -6.1
Palestine 2022 3.6 % 1.9
Tajikistan 2022 0.3 % 0.2
Cambodia 2021 -7.3 % -3.7
China 2022 -7.4 % -6.1
Georgia 2022 -3 % -6
India 2022 -6.44 % -6.72
Israel 2022 0.6 % -4.4
Pakistan 2022 -7.9 % -6.1
South Korea 2022 -7 % -5.2
Taiwan 2021 -0.5 % -2.9
Vietnam 2021 -3.41 % -3.2
Maldives 2022 -14.3 % -13.8
Armenia 2022 -2.5 % -4.6
Hong Kong 2022 -5 % -3.6
Indonesia 2022 -2.38 % -4.65
Japan 2022 -6.4 % -5.1
Kazakhstan 2022 -2.3 % -5
Lebanon 2020 -3.5 % -10.4
Malaysia 2022 -5.6 % -6.4
Philippines 2022 -7.3 % -8.6
Qatar 2022 0 % 0.2
Singapore 2022 -0.3 % -0.9
Sri Lanka 2022 -10.2 % -11.7
Thailand 2022 -4.9 % -9.1
Oman 2022 2.6 % -3.6
Iran 2022 -4 % -4.2
Laos 2022 -0.3 % -1.3
Azerbaijan 2022 -1 % -1.1
Kuwait 2022 11.6 % 2.3
Saudi Arabia 2022 2.5 % -2.3
Bahrain 2022 -5.6 % -11.6
United Arab Emirates 2021 0.8 % -4.9
Yemen 2018 -4.4 % -4.8
Turkmenistan 2022 1 % -0.3
Uzbekistan 2022 -4 % -6
Iraq 2022 6.4 % -0.4
Syria 2012 -11.4 % -1.14
Afghanistan 2021 -4.5 % -3.4
Bhutan 2022 -7.8 % -6.3
Brunei 2021 -5.4 % -19.6
Mauritius 2021 -5.4 % -5.6