Taxes less subsidies on products (current LCU), annual growth rate in Israel
Israel: Taxes less subsidies on products (current LCU), annual growth rate was 14.47 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Israel, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), annual growth rate in Israel is 14.47 % change on previous year, measured in 2024.
That represents a change of up 358.5% on the previous year and up 87.0% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Israel peaked at 15.1 % change on previous year in 1996 and was at its lowest, -5.6 % change on previous year, in 2023.
Israel ranks 47th of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in Israel, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 15.1 % change on previous year | — |
| 1997 | 10.68 % change on previous year | -29.3% |
| 1998 | 6.06 % change on previous year | -43.2% |
| 1999 | 10.25 % change on previous year | +69.1% |
| 2000 | 5.25 % change on previous year | -48.7% |
| 2001 | -0.149 % change on previous year | -102.8% |
| 2002 | 10.74 % change on previous year | -7306.8% |
| 2003 | -0.0386 % change on previous year | -100.4% |
| 2004 | 4.84 % change on previous year | -12662.7% |
| 2005 | 4.69 % change on previous year | -3.2% |
| 2006 | 3.8 % change on previous year | -19.0% |
| 2007 | 8.77 % change on previous year | +130.9% |
| 2008 | 4.26 % change on previous year | -51.4% |
| 2009 | 4.08 % change on previous year | -4.2% |
| 2010 | 12.05 % change on previous year | +195.2% |
| 2011 | 5.95 % change on previous year | -50.6% |
| 2012 | 2.35 % change on previous year | -60.5% |
| 2013 | 7.82 % change on previous year | +232.3% |
| 2014 | 7.74 % change on previous year | -1.0% |
| 2015 | 2.08 % change on previous year | -73.1% |
| 2016 | 4.49 % change on previous year | +116.1% |
| 2017 | -1.74 % change on previous year | -138.7% |
| 2018 | 3.48 % change on previous year | -300.6% |
| 2019 | 1.86 % change on previous year | -46.6% |
| 2020 | -4.46 % change on previous year | -339.6% |
| 2021 | 14.47 % change on previous year | -424.5% |
| 2022 | 11.53 % change on previous year | -20.3% |
| 2023 | -5.6 % change on previous year | -148.5% |
| 2024 | 14.47 % change on previous year | -358.5% |
Israel compared with similar countries
- Israel's 14.47 % change on previous year is above the median for high income countries, which is 5.32 % change on previous year, 2.7× the median. (74 countries reporting)
- Israel's 14.47 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 8.99 % change on previous year, 1.6× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU), annual growth rate in Israel changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +12662.7% | -0.0386 % change on previous year | 4.84 % change on previous year |
| 2002 | +7306.8% | -0.149 % change on previous year | 10.74 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.52 % change on previous year | 6.06 % change on previous year | 15.1 % change on previous year | 4 |
| 2000s | 4.62 % change on previous year | -0.149 % change on previous year | 10.74 % change on previous year | 10 |
| 2010s | 4.61 % change on previous year | -1.74 % change on previous year | 12.05 % change on previous year | 10 |
| 2020s | 6.08 % change on previous year | -5.6 % change on previous year | 14.47 % change on previous year | 5 |
Countries ranked near Israel
- 44 Morocco 14.83 % change on previous year compare
- 45 Ecuador 14.81 % change on previous year compare
- 46 Malaysia 14.5 % change on previous year compare
- 48 Montenegro 14.38 % change on previous year compare
- 49 Guinea 14.21 % change on previous year compare
- 50 Uganda 13.85 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 6.58 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0065 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 394.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.5 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0048 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 287.7 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.95 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0032 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Israel?
- Taxes less subsidies on products (current lcu), annual growth rate in Israel was 14.47 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Israel?
- The highest recorded value was 15.1 % change on previous year in 1996.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Israel?
- The lowest recorded value was -5.6 % change on previous year in 2023.
- How does Israel rank for taxes less subsidies on products (current lcu), annual growth rate?
- Israel ranks 47th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Israel?
- Over the last ten years it is up 87.0%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.