Financing of social security benefits in OECD member countries — Tax in Israel
Israel: Financing of social security benefits in OECD member countries — Tax was 4.96 Percentage of GDP in 2024. ▬ Flat
Latest (2024)
4.96 Percentage of GDP
Change on year
down 0.7%
World rank
27th
of 33 countries
All-time high
5.39 Percentage of GDP
in 2003
All-time low
4.71 Percentage of GDP
in 1995
Years of data
30
1995–2024
Financing of social security benefits in OECD member countries — Tax in Israel, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for financing of social security benefits in oecd member countries — tax in Israel is 4.96 Percentage of GDP, measured in 2024.
Compared with earlier readings it is down 0.7% on the previous year and down 0.4% over ten years.
Over the whole period, financing of social security benefits in oecd member countries — tax in Israel peaked at 5.39 Percentage of GDP in 2003 and was at its lowest, 4.71 Percentage of GDP, in 1995.
Israel ranks 27th of 33 countries on this measure, in the bottom quarter.
Financing of social security benefits in OECD member countries — Tax in Israel, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1995 | 4.71 Percentage of GDP | — |
| 1996 | 4.74 Percentage of GDP | +0.6% |
| 1997 | 4.98 Percentage of GDP | +5.1% |
| 1998 | 4.94 Percentage of GDP | -0.8% |
| 1999 | 4.93 Percentage of GDP | -0.2% |
| 2000 | 4.95 Percentage of GDP | +0.5% |
| 2001 | 5.23 Percentage of GDP | +5.6% |
| 2002 | 5.28 Percentage of GDP | +1.0% |
| 2003 | 5.39 Percentage of GDP | +2.1% |
| 2004 | 5.25 Percentage of GDP | -2.6% |
| 2005 | 5.23 Percentage of GDP | -0.5% |
| 2006 | 5.1 Percentage of GDP | -2.4% |
| 2007 | 5 Percentage of GDP | -2.0% |
| 2008 | 5.1 Percentage of GDP | +2.0% |
| 2009 | 4.91 Percentage of GDP | -3.6% |
| 2010 | 5.06 Percentage of GDP | +3.0% |
| 2011 | 5.08 Percentage of GDP | +0.5% |
| 2012 | 4.95 Percentage of GDP | -2.6% |
| 2013 | 4.95 Percentage of GDP | +0.1% |
| 2014 | 4.98 Percentage of GDP | +0.6% |
| 2015 | 5.05 Percentage of GDP | +1.4% |
| 2016 | 5.13 Percentage of GDP | +1.6% |
| 2017 | 5.18 Percentage of GDP | +0.9% |
| 2018 | 5.23 Percentage of GDP | +0.9% |
| 2019 | 5.21 Percentage of GDP | -0.3% |
| 2020 | 5.16 Percentage of GDP | -0.9% |
| 2021 | 5.03 Percentage of GDP | -2.6% |
| 2022 | 5.04 Percentage of GDP | +0.1% |
| 2023 | 4.99 Percentage of GDP | -0.8% |
| 2024 | 4.96 Percentage of GDP | -0.7% |
Israel compared with similar countries
- Israel's 4.96 Percentage of GDP is below the median for high income countries, which is 10.73 Percentage of GDP, 46% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.86 Percentage of GDP | 4.71 Percentage of GDP | 4.98 Percentage of GDP | 5 |
| 2000s | 5.14 Percentage of GDP | 4.91 Percentage of GDP | 5.39 Percentage of GDP | 10 |
| 2010s | 5.08 Percentage of GDP | 4.95 Percentage of GDP | 5.23 Percentage of GDP | 10 |
| 2020s | 5.04 Percentage of GDP | 4.96 Percentage of GDP | 5.16 Percentage of GDP | 5 |
Countries ranked near Israel
- 24 United Kingdom of Great Britain and Northern Ireland 6.07 Percentage of GDP compare
- 25 United States of America 5.98 Percentage of GDP compare
- 26 Canada 5.28 Percentage of GDP compare
- 28 Ireland 3.37 Percentage of GDP compare
- 29 Iceland 2.98 Percentage of GDP compare
- 30 Mexico 2.51 Percentage of GDP compare
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 financing of social security benefits in oecd member countries — tax in Israel?
- Financing of social security benefits in oecd member countries — tax in Israel was 4.96 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest financing of social security benefits in oecd member countries — tax recorded in Israel?
- The highest recorded value was 5.39 Percentage of GDP in 2003.
- What is the lowest financing of social security benefits in oecd member countries — tax recorded in Israel?
- The lowest recorded value was 4.71 Percentage of GDP in 1995.
- How does Israel rank for financing of social security benefits in oecd member countries — tax?
- Israel ranks 27th out of 33 countries with data for 2024.
- Is financing of social security benefits in oecd member countries — tax rising or falling in Israel?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is flat.
- Where does this Israel data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Financing of social security benefits in OECD member countries — Tax revenue. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.