Current account balance as a proportion of GDP in Israel
Israel: Current account balance as a proportion of GDP was 2.9% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Israel, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Israel is 2.9%, measured in 2024.
That represents a change of down 6.7% on the previous year and down 17.2% over ten years.
Over the whole period, current account balance as a proportion of gdp in Israel peaked at 4.6% in 2015 and was at its lowest, -2.6%, in 2001.
That places Israel 60th out of 204 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.
Current account balance as a proportion of GDP in Israel, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -2.4% | — |
| 2001 | -2.6% | +9.7% |
| 2002 | -2.3% | -12.0% |
| 2003 | -0.5% | -76.0% |
| 2004 | 0.8% | -253.0% |
| 2005 | 2.2% | +164.7% |
| 2006 | 3.3% | +48.0% |
| 2007 | 2.2% | -34.5% |
| 2008 | 0.4% | -80.2% |
| 2009 | 2.8% | +564.8% |
| 2010 | 2.7% | -4.8% |
| 2011 | 1.0% | -64.4% |
| 2012 | -0.3% | -132.8% |
| 2013 | 2.2% | -813.1% |
| 2014 | 3.5% | +54.4% |
| 2015 | 4.6% | +32.4% |
| 2016 | 3.2% | -30.9% |
| 2017 | 3.1% | -0.5% |
| 2018 | 2.4% | -23.2% |
| 2019 | 2.9% | +19.6% |
| 2020 | 3.7% | +29.4% |
| 2021 | 3.0% | -19.3% |
| 2022 | 2.7% | -11.0% |
| 2023 | 3.1% | +14.1% |
| 2024 | 2.9% | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4% | -2.6% | 3.3% | 10 |
| 2010s | 2.5% | -0.3% | 4.6% | 10 |
| 2020s | 3.1% | 2.7% | 3.7% | 5 |
Countries ranked near Israel
More economy & growth data for Israel
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.56 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 1.98 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.9513 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 57,398 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.71 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2158 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 13,022 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 16.23 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.238 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Israel?
- Current account balance as a proportion of gdp in Israel was 2.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Israel?
- The highest recorded value was 4.6% in 2015.
- What is the lowest current account balance as a proportion of gdp recorded in Israel?
- The lowest recorded value was -2.6% in 2001.
- How does Israel rank for current account balance as a proportion of gdp?
- Israel ranks 60th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Israel?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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