Social contributions in Israel

Israel: Social contributions was 106.28 billion current LCU in 2024. ◆ Volatile

Latest (2024)
106.28 billion current LCU
Change on year
up 5.2%
World rank
43rd
of 112 countries
All-time high
106.28 billion current LCU
in 2024
All-time low
200,000 current LCU
in 1974
Years of data
51
1974–2024

Social contributions in Israel, 1974–2024

025.0B50.0B75.0B100.0B197419992024

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for social contributions in Israel is 106.28 billion current LCU, measured in 2024. That is the highest value across all 51 years on record.

That represents a change of up 5.2% on the previous year and up 66.6% over ten years.

Over the whole period, social contributions in Israel peaked at 106.28 billion current LCU in 2024 and was at its lowest, 200,000 current LCU, in 1974.

Israel ranks 43rd of 112 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 850,000 current LCU 200,000 current LCU 2.20 million current LCU 6
1980s 1.03 billion current LCU 5.90 million current LCU 2.81 billion current LCU 10
1990s 11.25 billion current LCU 3.02 billion current LCU 24.27 billion current LCU 10
2000s 40.13 billion current LCU 32.55 billion current LCU 47.60 billion current LCU 10
2010s 66.38 billion current LCU 52.07 billion current LCU 82.13 billion current LCU 10
2020s 94.25 billion current LCU 80.61 billion current LCU 106.28 billion current LCU 5

Countries ranked near Israel

  1. 40 Iceland 131.61 billion current LCU compare
  2. 41 Myanmar 130.23 billion current LCU compare
  3. 42 Kenya 108.81 billion current LCU compare
  4. 44 North Macedonia 101.34 billion current LCU compare
  5. 45 Belgium 83.81 billion current LCU compare
  6. 46 Austria 76.98 billion current LCU compare

See the full ranking of 112 places →

More public sector data for Israel

All data for Israel →

Frequently asked questions

What is social contributions in Israel?
Social contributions in Israel was 106.28 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest social contributions recorded in Israel?
The highest recorded value was 106.28 billion current LCU in 2024.
What is the lowest social contributions recorded in Israel?
The lowest recorded value was 200,000 current LCU in 1974.
How does Israel rank for social contributions?
Israel ranks 43rd out of 112 countries with data for 2024.
Is social contributions rising or falling in Israel?
Over the last ten years it is up 66.6%. The long-run trend across the full record is volatile.
Where does this Israel data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Social contributions (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
112 places, 3,266 data points, 1972–2024
Last refreshed

Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.