External balance on goods and services in Israel
Israel: External balance on goods and services was 2.1% in 2025. ◆ Volatile
External balance on goods and services in Israel, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Israel recorded 2.1% for external balance on goods and services in 2025.
The figure is down 11.9% on the previous year and down 24.9% over ten years.
Over the whole period, external balance on goods and services in Israel peaked at 3.2% in 2020 and was at its lowest, -21.3%, in 1975.
That places Israel 62nd out of 193 countries with data for 2025, putting it 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 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)
- Total reserves minus gold (current US$), annual growth rate 6.96 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.3757 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 22,670 current US$ per person (2025)
- General government final consumption expenditure (current US$) 11.58 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2497 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 15,068 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 4.11 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.8621 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Israel?
- External balance on goods and services in Israel was 2.1% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Israel?
- The highest recorded value was 3.2% in 2020.
- What is the lowest external balance on goods and services recorded in Israel?
- The lowest recorded value was -21.3% in 1975.
- How does Israel rank for external balance on goods and services?
- Israel ranks 62nd out of 193 countries with data for 2025.
- Is external balance on goods and services 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.