Israel Government Budget  1980-2016 | Data | Chart | Calendar | Forecast

Israel recorded a budget deficit of 2.15 percent of GDP in 2015, well below its target due to higher-than-expected tax income and lower spending amid the lack of an approved budget. In 2015, overall state revenue came in nearly 4 billion shekels above target at 307.4 billion shekels while spending was 4 billion shekels below target. Government Budget in Israel averaged -4.51 percent of GDP from 1980 until 2014, reaching an all time high of 3.90 percent of GDP in 1986 and a record low of -19 percent of GDP in 1981. Government Budget in Israel is reported by the Israel Ministry of Finance.

Israel Government Budget
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Actual Previous Highest Lowest Dates Unit Frequency
-2.15 -3.15 3.90 -19.00 1980 - 2015 percent of GDP Yearly
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Israel Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Government Budget - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Israel Government Last Previous Highest Lowest Unit
Government Debt to GDP 67.50 67.60 96.70 67.50 percent [+]
Government Budget -2.15 -3.15 3.90 -19.00 percent of GDP [+]
Government Budget Value 3900.00 -16400.00 6084.00 -16400.00 ILS Million [+]
Government Spending 56755.70 56936.20 57482.20 34764.60 ILS Million [+]
Government Revenues 28100.00 24251.00 29787.00 4061.00 ILS Million [+]
Fiscal Expenditure 23800.00 40090.00 40090.00 5010.60 ILS Million [+]
Credit Rating 75.12 [+]




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