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 61st out of 205 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% |
Israel compared with similar countries
- Israel's 2.9% is above the median for high income countries, which is 1.6%, 1.8× the median. (69 countries reporting)
- Israel's 2.9% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -0.2%. (20 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Israel changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +813.1% | -0.3% | 2.2% |
| 2009 | +564.8% | 0.4% | 2.8% |
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
- Real gdp growth, annual growth rate 207.23 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 6.58 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0065 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 394.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.5 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0048 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 287.7 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.95 % change on previous year (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 61st out of 205 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).