Budget balance — all countries

Budget balance — Israel

Budget balance in Israel in 2031 — -4.9%. Ranked 158 in the world out of 188. Since 2000, the indicator has fallen by 4.1 pp.

2031 -4.9% −0.1 pp vs 2030
World rank 158of 188
Period maximum 0.3%2022
Period minimum -10.6%2020

Trend over time

2000–2031 · % of GDP

Budget balance — Israel, 2000–2031-15-10-5052000200420082012201620202024202820312000: -0.8%2001: -4.1%2002: -8.2%2003: -5%2004: -3.4%2005: -2.7%2006: -0.9%2007: -0.4%2008: -3.5%2009: -6.5%2010: -3.7%2011: -3.4%2012: -4.5%2013: -4.1%2014: -2.3%2015: -1.2%2016: -1.8%2017: -1.2%2018: -3.6%2019: -3.8%2020: -10.6%2021: -3.4%2022: 0.3%2023: -5.4%2024: -8.1%2025: -5.2%2026: -5.9%2027: -4.9%2028: -5.1%2029: -4.8%2030: -4.8%2031: -4.9%
Change over the period: −4.1 pp Annual average: -0.13 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Israel

Israel -4.9%
World computed -4.85%
Middle East & North Africa computed -1.74%
Western Asia computed -1.19%
High-income countries computed -4.26%
Budget balance — Israel, by year Israel All countries CSV XLSX
Year % Change, pp
2031 -4.9 −0.1 pp
2030 -4.8 +0 pp
2029 -4.8 +0.3 pp
2028 -5.1 −0.2 pp
2027 -4.9 +1 pp
2026 -5.9 −0.7 pp
2025 -5.2 +2.9 pp
2024 -8.1 −2.7 pp
2023 -5.4 −5.7 pp
2022 0.3 +3.7 pp
2021 -3.4 +7.2 pp
2020 -10.6 −6.8 pp
2019 -3.8 −0.2 pp
2018 -3.6 −2.4 pp
2017 -1.2 +0.6 pp
2016 -1.8 −0.6 pp
2015 -1.2 +1.1 pp
2014 -2.3 +1.8 pp
2013 -4.1 +0.4 pp
2012 -4.5 −1.1 pp
2011 -3.4 +0.3 pp
2010 -3.7 +2.8 pp
2009 -6.5 −3 pp
2008 -3.5 −3.1 pp
2007 -0.4 +0.5 pp
2006 -0.9 +1.8 pp
2005 -2.7 +0.7 pp
2004 -3.4 +1.6 pp
2003 -5 +3.2 pp
2002 -8.2 −4.1 pp
2001 -4.1 −3.3 pp
2000 -0.8

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.