Taxes less subsidies on products (current LCU), per unit of GDP in Israel
Israel: Taxes less subsidies on products (current LCU), per unit of GDP was 0.3198 current LCU per US$ of GDP in 2024. ▼ Falling
Taxes less subsidies on products (current LCU), per unit of GDP in Israel, 1995–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, taxes less subsidies on products (current lcu), per unit of gdp in Israel stood at 0.3198 current LCU per US$ of GDP.
The figure is up 8.4% on the previous year and down 15.6% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Israel peaked at 0.5012 current LCU per US$ of GDP in 2002 and was at its lowest, 0.2938 current LCU per US$ of GDP, in 2021.
Israel ranks 121st of 197 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 (current LCU), per unit of GDP in Israel, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.3434 current LCU per US$ of GDP | — |
| 1996 | 0.3622 current LCU per US$ of GDP | +5.5% |
| 1997 | 0.3863 current LCU per US$ of GDP | +6.7% |
| 1998 | 0.406 current LCU per US$ of GDP | +5.1% |
| 1999 | 0.4445 current LCU per US$ of GDP | +9.5% |
| 2000 | 0.4161 current LCU per US$ of GDP | -6.4% |
| 2001 | 0.4202 current LCU per US$ of GDP | +1.0% |
| 2002 | 0.5012 current LCU per US$ of GDP | +19.3% |
| 2003 | 0.4779 current LCU per US$ of GDP | -4.7% |
| 2004 | 0.4701 current LCU per US$ of GDP | -1.6% |
| 2005 | 0.4674 current LCU per US$ of GDP | -0.6% |
| 2006 | 0.4504 current LCU per US$ of GDP | -3.6% |
| 2007 | 0.4215 current LCU per US$ of GDP | -6.4% |
| 2008 | 0.3669 current LCU per US$ of GDP | -13.0% |
| 2009 | 0.3959 current LCU per US$ of GDP | +7.9% |
| 2010 | 0.3949 current LCU per US$ of GDP | -0.2% |
| 2011 | 0.3741 current LCU per US$ of GDP | -5.3% |
| 2012 | 0.3895 current LCU per US$ of GDP | +4.1% |
| 2013 | 0.3708 current LCU per US$ of GDP | -4.8% |
| 2014 | 0.3788 current LCU per US$ of GDP | +2.1% |
| 2015 | 0.4014 current LCU per US$ of GDP | +6.0% |
| 2016 | 0.3956 current LCU per US$ of GDP | -1.4% |
| 2017 | 0.3492 current LCU per US$ of GDP | -11.7% |
| 2018 | 0.344 current LCU per US$ of GDP | -1.5% |
| 2019 | 0.3296 current LCU per US$ of GDP | -4.2% |
| 2020 | 0.3059 current LCU per US$ of GDP | -7.2% |
| 2021 | 0.2938 current LCU per US$ of GDP | -4.0% |
| 2022 | 0.3056 current LCU per US$ of GDP | +4.0% |
| 2023 | 0.2951 current LCU per US$ of GDP | -3.4% |
| 2024 | 0.3198 current LCU per US$ of GDP | +8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3885 current LCU per US$ of GDP | 0.3434 current LCU per US$ of GDP | 0.4445 current LCU per US$ of GDP | 5 |
| 2000s | 0.4388 current LCU per US$ of GDP | 0.3669 current LCU per US$ of GDP | 0.5012 current LCU per US$ of GDP | 10 |
| 2010s | 0.3728 current LCU per US$ of GDP | 0.3296 current LCU per US$ of GDP | 0.4014 current LCU per US$ of GDP | 10 |
| 2020s | 0.304 current LCU per US$ of GDP | 0.2938 current LCU per US$ of GDP | 0.3198 current LCU per US$ of GDP | 5 |
Countries ranked near Israel
- 118 Saint Kitts and Nevis 0.3438 current LCU per US$ of GDP compare
- 119 Tonga 0.3377 current LCU per US$ of GDP compare
- 120 Georgia 0.3367 current LCU per US$ of GDP compare
- 122 Antigua and Barbuda 0.3154 current LCU per US$ of GDP compare
- 123 Belize 0.3008 current LCU per US$ of GDP compare
- 124 Bosnia and Herzegovina 0.2847 current 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$), annual growth rate 6.96 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Israel?
- Taxes less subsidies on products (current lcu), per unit of gdp in Israel was 0.3198 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Israel?
- The highest recorded value was 0.5012 current LCU per US$ of GDP in 2002.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Israel?
- The lowest recorded value was 0.2938 current LCU per US$ of GDP in 2021.
- How does Israel rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Israel ranks 121st out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Israel?
- Over the last ten years it is down 15.6%. 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 (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.