Taxes less subsidies on products in Israel
Israel: Taxes less subsidies on products was 155.51 billion constant LCU in 2024. ▲ Rising
Taxes less subsidies on products in Israel, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for taxes less subsidies on products in Israel is 155.51 billion constant LCU, measured in 2024.
That represents a change of up 1.1% on the previous year and up 46.3% over ten years.
Over the whole period, taxes less subsidies on products in Israel peaked at 156.37 billion constant LCU in 2022 and was at its lowest, 51.61 billion constant LCU, in 1995.
That places Israel 69th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Taxes less subsidies on products in Israel, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 51.61 billion constant LCU | — |
| 1996 | 55.24 billion constant LCU | +7.0% |
| 1997 | 55.56 billion constant LCU | +0.6% |
| 1998 | 57.15 billion constant LCU | +2.9% |
| 1999 | 59.22 billion constant LCU | +3.6% |
| 2000 | 64.99 billion constant LCU | +9.7% |
| 2001 | 64.67 billion constant LCU | -0.5% |
| 2002 | 63.30 billion constant LCU | -2.1% |
| 2003 | 61.69 billion constant LCU | -2.5% |
| 2004 | 64.38 billion constant LCU | +4.4% |
| 2005 | 66.74 billion constant LCU | +3.7% |
| 2006 | 68.71 billion constant LCU | +3.0% |
| 2007 | 76.50 billion constant LCU | +11.3% |
| 2008 | 81.79 billion constant LCU | +6.9% |
| 2009 | 82.08 billion constant LCU | +0.4% |
| 2010 | 89.09 billion constant LCU | +8.5% |
| 2011 | 94.09 billion constant LCU | +5.6% |
| 2012 | 97.26 billion constant LCU | +3.4% |
| 2013 | 101.26 billion constant LCU | +4.1% |
| 2014 | 106.31 billion constant LCU | +5.0% |
| 2015 | 108.57 billion constant LCU | +2.1% |
| 2016 | 119.61 billion constant LCU | +10.2% |
| 2017 | 121.41 billion constant LCU | +1.5% |
| 2018 | 127.10 billion constant LCU | +4.7% |
| 2019 | 133.75 billion constant LCU | +5.2% |
| 2020 | 125.69 billion constant LCU | -6.0% |
| 2021 | 143.24 billion constant LCU | +14.0% |
| 2022 | 156.37 billion constant LCU | +9.2% |
| 2023 | 153.89 billion constant LCU | -1.6% |
| 2024 | 155.51 billion constant LCU | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 55.76 billion constant LCU | 51.61 billion constant LCU | 59.22 billion constant LCU | 5 |
| 2000s | 69.49 billion constant LCU | 61.69 billion constant LCU | 82.08 billion constant LCU | 10 |
| 2010s | 109.84 billion constant LCU | 89.09 billion constant LCU | 133.75 billion constant LCU | 10 |
| 2020s | 146.94 billion constant LCU | 125.69 billion constant LCU | 156.37 billion constant LCU | 5 |
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)
- Manufacturing, value added (constant LCU), per capita 19,946 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 0.4688 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.1723 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 9,339 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 1.35 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.6373 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 34,551 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) -1.64 % change on previous year (2024)
Frequently asked questions
- What is taxes less subsidies on products in Israel?
- Taxes less subsidies on products in Israel was 155.51 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Israel?
- The highest recorded value was 156.37 billion constant LCU in 2022.
- What is the lowest taxes less subsidies on products recorded in Israel?
- The lowest recorded value was 51.61 billion constant LCU in 1995.
- How does Israel rank for taxes less subsidies on products?
- Israel ranks 69th out of 187 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Israel?
- Over the last ten years it is up 46.3%. The long-run trend across the full record is rising.
- 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 Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.