Taxes less subsidies on products (constant LCU), per unit of GDP in Israel
Israel: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.2868 constant LCU per US$ of GDP in 2024. ▼ Falling
Taxes less subsidies on products (constant LCU), per unit of GDP in Israel, 1995–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Israel recorded 0.2868 constant LCU per US$ of GDP for taxes less subsidies on products (constant lcu), per unit of gdp in 2024. That is the lowest value across all 30 years on record.
Compared with earlier readings it is down 4.3% on the previous year and down 15.2% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Israel peaked at 0.5055 constant LCU per US$ of GDP in 2002 and was at its lowest, 0.2868 constant LCU per US$ of GDP, in 2024.
Israel ranks 103rd of 189 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Taxes less subsidies on products (constant LCU), per unit of GDP in Israel, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.4895 constant LCU per US$ of GDP | — |
| 1996 | 0.4801 constant LCU per US$ of GDP | -1.9% |
| 1997 | 0.4653 constant LCU per US$ of GDP | -3.1% |
| 1998 | 0.4744 constant LCU per US$ of GDP | +2.0% |
| 1999 | 0.4881 constant LCU per US$ of GDP | +2.9% |
| 2000 | 0.4764 constant LCU per US$ of GDP | -2.4% |
| 2001 | 0.4794 constant LCU per US$ of GDP | +0.6% |
| 2002 | 0.5055 constant LCU per US$ of GDP | +5.4% |
| 2003 | 0.4699 constant LCU per US$ of GDP | -7.0% |
| 2004 | 0.4601 constant LCU per US$ of GDP | -2.1% |
| 2005 | 0.4529 constant LCU per US$ of GDP | -1.6% |
| 2006 | 0.4329 constant LCU per US$ of GDP | -4.4% |
| 2007 | 0.4148 constant LCU per US$ of GDP | -4.2% |
| 2008 | 0.3702 constant LCU per US$ of GDP | -10.8% |
| 2009 | 0.3852 constant LCU per US$ of GDP | +4.1% |
| 2010 | 0.3722 constant LCU per US$ of GDP | -3.4% |
| 2011 | 0.3514 constant LCU per US$ of GDP | -5.6% |
| 2012 | 0.3696 constant LCU per US$ of GDP | +5.2% |
| 2013 | 0.3398 constant LCU per US$ of GDP | -8.1% |
| 2014 | 0.3381 constant LCU per US$ of GDP | -0.5% |
| 2015 | 0.3585 constant LCU per US$ of GDP | +6.0% |
| 2016 | 0.3725 constant LCU per US$ of GDP | +3.9% |
| 2017 | 0.3397 constant LCU per US$ of GDP | -8.8% |
| 2018 | 0.3385 constant LCU per US$ of GDP | -0.4% |
| 2019 | 0.335 constant LCU per US$ of GDP | -1.0% |
| 2020 | 0.3059 constant LCU per US$ of GDP | -8.7% |
| 2021 | 0.2925 constant LCU per US$ of GDP | -4.4% |
| 2022 | 0.2978 constant LCU per US$ of GDP | +1.8% |
| 2023 | 0.2997 constant LCU per US$ of GDP | +0.7% |
| 2024 | 0.2868 constant LCU per US$ of GDP | -4.3% |
Israel compared with similar countries
- Israel's 0.2868 constant LCU per US$ of GDP is above the median for high income countries, which is 0.0891 constant LCU per US$ of GDP, 3.2× the median. (66 countries reporting)
- Israel's 0.2868 constant LCU per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.2443 constant LCU per US$ of GDP, 1.2× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4795 constant LCU per US$ of GDP | 0.4653 constant LCU per US$ of GDP | 0.4895 constant LCU per US$ of GDP | 5 |
| 2000s | 0.4447 constant LCU per US$ of GDP | 0.3702 constant LCU per US$ of GDP | 0.5055 constant LCU per US$ of GDP | 10 |
| 2010s | 0.3515 constant LCU per US$ of GDP | 0.335 constant LCU per US$ of GDP | 0.3725 constant LCU per US$ of GDP | 10 |
| 2020s | 0.2965 constant LCU per US$ of GDP | 0.2868 constant LCU per US$ of GDP | 0.3059 constant LCU per US$ of GDP | 5 |
Countries ranked near Israel
- 100 Fiji 0.3072 constant LCU per US$ of GDP compare
- 101 Sao Tome and Principe 0.2937 constant LCU per US$ of GDP compare
- 102 Hong Kong 0.2932 constant LCU per US$ of GDP compare
- 104 Suriname 0.2786 constant LCU per US$ of GDP compare
- 105 Aruba 0.2731 constant LCU per US$ of GDP compare
- 106 Saint Kitts and Nevis 0.2548 constant LCU per US$ 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$), annual growth rate 6.96 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Israel?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Israel was 0.2868 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Israel?
- The highest recorded value was 0.5055 constant LCU per US$ of GDP in 2002.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Israel?
- The lowest recorded value was 0.2868 constant LCU per US$ of GDP in 2024.
- How does Israel rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Israel ranks 103rd out of 189 countries with data for 2024.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Israel?
- Over the last ten years it is down 15.2%. The long-run trend across the full record is falling.
- Where does this Israel data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.