Israel Government Budget Balance (% of GDP)

The yearly gap between government spending and revenue across all levels of government, as a share of GDP.

−8.2%

−2.9pp vs 2023

2024 · Annual data

Not applicable, annual data

Matches the latest releaseNot refreshed recently, awaiting the next release

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Government Budget Balance (% of GDP)

1972 to 2024

Source: World Bank GC.NLD.TOTL.GD.ZS · % of GDP, annual.

Israel Government Budget Balance (% of GDP) in context

Worked out from the published series shown above.

In Israel, the government budget balance fell by 2.9pp in 2024, from −5.3% in 2023.

It is the lowest reading since 2020.

Over the past five years it has ranged from −10.7% in 2020 to 0.2% in 2022.

Its average since 1972 is −4.8%, and the latest reading is below that.

How this series is defined

Everything you need to check the figure against the source.

Source
World Bank
Series
GC.NLD.TOTL.GD.ZS
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2024
Revision status
Latest published estimate, subject to revision

Negative means a deficit.

Data refreshed 2026-11-06. Figures are the latest published observations and can be revised.

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