Taxes less subsidies on products in Israel
Israel: Taxes less subsidies on products was 173.40 billion current LCU in 2024. ▲ Rising
Taxes less subsidies on products in Israel, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for taxes less subsidies on products in Israel is 173.40 billion current LCU, measured in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 14.5% on the previous year and up 45.6% over ten years.
Over the whole period, taxes less subsidies on products in Israel peaked at 173.40 billion current LCU in 2024 and was at its lowest, 36.20 billion current LCU, in 1995.
That places Israel 79th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 45.37 billion current LCU | 36.20 billion current LCU | 53.93 billion current LCU | 5 |
| 2000s | 68.82 billion current LCU | 56.68 billion current LCU | 84.37 billion current LCU | 10 |
| 2010s | 116.09 billion current LCU | 94.53 billion current LCU | 131.56 billion current LCU | 10 |
| 2020s | 150.98 billion current LCU | 125.69 billion current LCU | 173.40 billion current LCU | 5 |
Countries ranked near Israel
More economy & growth data for Israel
- DEC alternative conversion factor 3.45 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 14.20 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 4.12 billion current US$ (2025)
- Taxes less subsidies on products 46.87 billion current US$ (2024)
- Net primary income (Net income from abroad) -28.31 billion current LCU (2025)
- Net primary income (Net income from abroad) -8.20 billion current US$ (2025)
- GNI per capita 205,337 current LCU (2025)
- GNI per capita, Atlas method 56,180 current US$ (2025)
- GNI 2.08 trillion current LCU (2025)
- GNI 602.16 billion current US$ (2025)
Frequently asked questions
- What is taxes less subsidies on products in Israel?
- Taxes less subsidies on products in Israel was 173.40 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Israel?
- The highest recorded value was 173.40 billion current LCU in 2024.
- What is the lowest taxes less subsidies on products recorded in Israel?
- The lowest recorded value was 36.20 billion current LCU in 1995.
- How does Israel rank for taxes less subsidies on products?
- Israel ranks 79th out of 198 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Israel?
- Over the last ten years it is up 45.6%. The long-run trend across the full record is rising.
- Where does this Israel data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.