Tax revenue in Israel
Israel: Tax revenue was 466.30 billion current LCU in 2024. ◆ Volatile
Tax revenue in Israel, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Israel recorded 466.30 billion current LCU for tax revenue in 2024. That is the highest value across all 53 years on record.
The figure is up 12.1% on the previous year and up 81.4% over ten years.
Over the whole period, tax revenue in Israel peaked at 466.30 billion current LCU in 2024 and was at its lowest, 900,000 current LCU, in 1972.
That places Israel 67th out of 157 countries with data for 2024, putting it 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 | 5.85 million current LCU | 900,000 current LCU | 20.30 million current LCU | 8 |
| 1980s | 10.40 billion current LCU | 44.20 million current LCU | 26.64 billion current LCU | 10 |
| 1990s | 75.87 billion current LCU | 30.97 billion current LCU | 123.96 billion current LCU | 10 |
| 2000s | 163.07 billion current LCU | 144.34 billion current LCU | 191.30 billion current LCU | 10 |
| 2010s | 262.28 billion current LCU | 196.83 billion current LCU | 317.28 billion current LCU | 10 |
| 2020s | 404.71 billion current LCU | 311.64 billion current LCU | 466.30 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 tax revenue in Israel?
- Tax revenue in Israel was 466.30 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Israel?
- The highest recorded value was 466.30 billion current LCU in 2024.
- What is the lowest tax revenue recorded in Israel?
- The lowest recorded value was 900,000 current LCU in 1972.
- How does Israel rank for tax revenue?
- Israel ranks 67th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Israel?
- Over the last ten years it is up 81.4%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.