Taxes less subsidies on products in Israel

Israel: Taxes less subsidies on products was 46.87 billion current US$ in 2024. ▲ Rising

Latest (2024)
46.87 billion current US$
Change on year
up 13.5%
World rank
25th
of 198 countries
All-time high
47.76 billion current US$
in 2022
All-time low
12.02 billion current US$
in 1995
Years of data
30
1995–2024

Taxes less subsidies on products in Israel, 1995–2024

10.0B20.0B30.0B40.0B50.0B1995200920241995: 12.0B current US$1996: 13.1B current US$1997: 13.4B current US$1998: 12.9B current US$1999: 13.0B current US$2000: 13.9B current US$2001: 13.5B current US$2002: 13.2B current US$2003: 13.8B current US$2004: 14.7B current US$2005: 15.3B current US$2006: 16.0B current US$2007: 18.9B current US$2008: 22.6B current US$2009: 21.5B current US$2010: 25.3B current US$2011: 28.0B current US$2012: 26.6B current US$2013: 30.6B current US$2014: 33.3B current US$2015: 31.3B current US$2016: 33.1B current US$2017: 34.7B current US$2018: 36.0B current US$2019: 36.9B current US$2020: 36.5B current US$2021: 44.5B current US$2022: 47.8B current US$2023: 41.3B current US$2024: 46.9B current US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

The most recent figure for taxes less subsidies on products in Israel is 46.87 billion current US$, measured in 2024.

The figure is up 13.5% on the previous year and up 40.8% over ten years.

Over the whole period, taxes less subsidies on products in Israel peaked at 47.76 billion current US$ in 2022 and was at its lowest, 12.02 billion current US$, in 1995.

That places Israel 25th out of 198 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.87 billion current US$ 12.02 billion current US$ 13.37 billion current US$ 5
2000s 16.35 billion current US$ 13.25 billion current US$ 22.59 billion current US$ 10
2010s 31.56 billion current US$ 25.28 billion current US$ 36.91 billion current US$ 10
2020s 43.40 billion current US$ 36.51 billion current US$ 47.76 billion current US$ 5

Countries ranked near Israel

  1. 22 Indonesia 61.45 billion current US$ compare
  2. 23 Denmark 52.40 billion current US$ compare
  3. 24 Norway 46.99 billion current US$ compare
  4. 26 Portugal 45.85 billion current US$ compare
  5. 27 Colombia 44.77 billion current US$ compare
  6. 28 South Africa 42.79 billion current US$ compare

See the full ranking of 198 places →

More economy & growth data for Israel

All data for Israel →

Frequently asked questions

What is taxes less subsidies on products in Israel?
Taxes less subsidies on products in Israel was 46.87 billion current US$ 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 47.76 billion current US$ in 2022.
What is the lowest taxes less subsidies on products recorded in Israel?
The lowest recorded value was 12.02 billion current US$ in 1995.
How does Israel rank for taxes less subsidies on products?
Israel ranks 25th 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 40.8%. 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 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.