Israel recorded a Government Budget deficit equal to 4.70 percent of the country's Gross Domestic Product in 2025. Government Budget in Israel averaged -5.30 percent of GDP from 1980 until 2025, reaching an all time high of 2.70 percent of GDP in 1986 and a record low of -16.10 percent of GDP in 1981. source: Bank of Israel

Government Budget in Israel is expected to reach -3.90 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Government Budget is projected to trend around -4.20 percent of GDP in 2027 and -3.50 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 71.00 Jan 2026
Fiscal Expenditure 72272.00 49131.00 ILS Million Dec 2025
Government Budget to GDP -4.70 -6.80 percent of GDP Dec 2025
Budget Balance -23716.00 -3354.00 ILS Million Dec 2025
Government Debt to GDP 69.00 61.30 percent of GDP Dec 2024
Government Revenues 48556.00 45777.00 ILS Million Dec 2025
Government Spending 107252.60 106113.00 ILS Million Sep 2025
Government Spending to GDP 45.10 41.50 percent of GDP Dec 2024
Holidays
Military Expenditure 46505.30 27498.50 USD Million Dec 2024


Israel Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-4.70 -6.80 2.70 -16.10 1980 - 2025 percent of GDP Yearly