External balance on goods and services as a percent of GDP in Israel
Israel: External balance on goods and services as a percent of GDP was 2.1% in 2025. ◆ Volatile
External balance on goods and services as a percent of GDP in Israel, 1970–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services as a percent of gdp in Israel is 2.1%, measured in 2025.
That represents a change of down 11.9% on the previous year and down 24.9% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Israel peaked at 3.2% in 2020 and was at its lowest, -21.3%, in 1975.
Israel ranks 62nd of 191 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Israel, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | -17.3% | — |
| 1971 | -14.2% | -18.2% |
| 1972 | -10.0% | -29.3% |
| 1973 | -20.3% | +102.1% |
| 1974 | -18.3% | -10.0% |
| 1975 | -21.3% | +16.8% |
| 1976 | -15.3% | -28.4% |
| 1977 | -10.1% | -34.1% |
| 1978 | -13.8% | +37.6% |
| 1979 | -12.6% | -8.8% |
| 1980 | -10.1% | -20.1% |
| 1981 | -11.7% | +15.6% |
| 1982 | -10.9% | -6.4% |
| 1983 | -10.0% | -8.5% |
| 1984 | -8.1% | -18.6% |
| 1985 | -5.9% | -27.7% |
| 1986 | -4.6% | -21.7% |
| 1987 | -8.1% | +76.5% |
| 1988 | -5.3% | -34.5% |
| 1989 | -3.8% | -27.9% |
| 1990 | -5.0% | +30.5% |
| 1991 | -7.8% | +55.1% |
| 1992 | -5.9% | -23.4% |
| 1993 | -7.8% | +31.4% |
| 1994 | -7.6% | -3.0% |
| 1995 | -7.7% | +1.7% |
| 1996 | -7.3% | -5.7% |
| 1997 | -5.0% | -31.1% |
| 1998 | -3.1% | -38.1% |
| 1999 | -3.1% | +1.4% |
| 2000 | -0.8% | -74.4% |
| 2001 | -3.1% | +288.7% |
| 2002 | -3.7% | +19.1% |
| 2003 | -1.5% | -59.6% |
| 2004 | -0.6% | -62.3% |
| 2005 | -0.7% | +20.9% |
| 2006 | -0.4% | -47.1% |
| 2007 | -1.4% | +280.0% |
| 2008 | -1.0% | -24.8% |
| 2009 | 2.0% | -290.3% |
| 2010 | 1.4% | -27.6% |
| 2011 | -0.5% | -138.3% |
| 2012 | -0.5% | -3.1% |
| 2013 | 1.5% | -379.4% |
| 2014 | 1.3% | -14.3% |
| 2015 | 2.8% | +123.4% |
| 2016 | 1.6% | -43.6% |
| 2017 | 1.7% | +5.2% |
| 2018 | 0.6% | -61.8% |
| 2019 | 1.6% | +155.6% |
| 2020 | 3.2% | +92.9% |
| 2021 | 2.8% | -11.0% |
| 2022 | 2.1% | -25.7% |
| 2023 | 2.7% | +27.9% |
| 2024 | 2.4% | -9.8% |
| 2025 | 2.1% | -11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -15.3% | -21.3% | -10.0% | 10 |
| 1980s | -7.9% | -11.7% | -3.8% | 10 |
| 1990s | -6.0% | -7.8% | -3.1% | 10 |
| 2000s | -1.1% | -3.7% | 2.0% | 10 |
| 2010s | 1.1% | -0.5% | 2.8% | 10 |
| 2020s | 2.6% | 2.1% | 3.2% | 6 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 14.47 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0237 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,429 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 26.22 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 77.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0429 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,590 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.96 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Israel?
- External balance on goods and services as a percent of gdp in Israel was 2.1% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Israel?
- The highest recorded value was 3.2% in 2020.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Israel?
- The lowest recorded value was -21.3% in 1975.
- How does Israel rank for external balance on goods and services as a percent of gdp?
- Israel ranks 62nd out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Israel?
- Over the last ten years it is down 24.9%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.