Social contributions in Israel
Israel: Social contributions was 106.28 billion current LCU in 2024. ◆ Volatile
Social contributions in Israel, 1974–2024
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
| Decade | Average | Lowest | Highest | 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
More public sector data for Israel
- Arms imports 211.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.2% (2024)
- Taxes on income, profits and capital gains 35.1% (2024)
- Taxes on goods and services 31.9% (2024)
- Net investment in nonfinancial assets 3.0% (2024)
- Net lending (+) / net borrowing (-) -8.2% (2024)
- Interest payments 9.4% (2024)
- Grants and other revenue 13.8% (2024)
- Interest payments 7.7% (2023)
- Other taxes 3.0% (2024)
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.
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About this data
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.