Taxes less subsidies on products (current LCU) in Israel
Israel: Taxes less subsidies on products (current LCU) was 173.40 billion current 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 current LCU.
Analysis
The most recent figure for taxes less subsidies on products in Israel is 173.40 billion current LCU, measured in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 14.5% on the previous year and up 45.6% over ten years.
Over the whole period, taxes less subsidies on products in Israel peaked at 173.40 billion current LCU in 2024 and was at its lowest, 36.20 billion current LCU, in 1995.
That places Israel 79th out of 199 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 (current LCU) in Israel, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 36.20 billion current LCU | — |
| 1996 | 41.67 billion current LCU | +15.1% |
| 1997 | 46.12 billion current LCU | +10.7% |
| 1998 | 48.92 billion current LCU | +6.1% |
| 1999 | 53.93 billion current LCU | +10.2% |
| 2000 | 56.76 billion current LCU | +5.3% |
| 2001 | 56.68 billion current LCU | -0.1% |
| 2002 | 62.76 billion current LCU | +10.7% |
| 2003 | 62.74 billion current LCU | -0.0% |
| 2004 | 65.78 billion current LCU | +4.8% |
| 2005 | 68.86 billion current LCU | +4.7% |
| 2006 | 71.48 billion current LCU | +3.8% |
| 2007 | 77.75 billion current LCU | +8.8% |
| 2008 | 81.06 billion current LCU | +4.3% |
| 2009 | 84.37 billion current LCU | +4.1% |
| 2010 | 94.53 billion current LCU | +12.0% |
| 2011 | 100.16 billion current LCU | +6.0% |
| 2012 | 102.52 billion current LCU | +2.4% |
| 2013 | 110.53 billion current LCU | +7.8% |
| 2014 | 119.08 billion current LCU | +7.7% |
| 2015 | 121.55 billion current LCU | +2.1% |
| 2016 | 127.01 billion current LCU | +4.5% |
| 2017 | 124.81 billion current LCU | -1.7% |
| 2018 | 129.16 billion current LCU | +3.5% |
| 2019 | 131.56 billion current LCU | +1.9% |
| 2020 | 125.69 billion current LCU | -4.5% |
| 2021 | 143.88 billion current LCU | +14.5% |
| 2022 | 160.46 billion current LCU | +11.5% |
| 2023 | 151.49 billion current LCU | -5.6% |
| 2024 | 173.40 billion current LCU | +14.5% |
Israel compared with similar countries
- Israel's 173.40 billion current LCU is above the median for high income countries, which is 26.91 billion current LCU, 6.4× the median. (74 countries reporting)
- Israel's 173.40 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 60.57 billion current LCU, 2.9× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 45.37 billion current LCU | 36.20 billion current LCU | 53.93 billion current LCU | 5 |
| 2000s | 68.82 billion current LCU | 56.68 billion current LCU | 84.37 billion current LCU | 10 |
| 2010s | 116.09 billion current LCU | 94.53 billion current LCU | 131.56 billion current LCU | 10 |
| 2020s | 150.98 billion current LCU | 125.69 billion current LCU | 173.40 billion current 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)
- 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 in Israel?
- Taxes less subsidies on products in Israel was 173.40 billion current 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 173.40 billion current LCU in 2024.
- What is the lowest taxes less subsidies on products recorded in Israel?
- The lowest recorded value was 36.20 billion current LCU in 1995.
- How does Israel rank for taxes less subsidies on products?
- Israel ranks 79th out of 199 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Israel?
- Over the last ten years it is up 45.6%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.