Taxes less subsidies on products (current US$), annual growth rate in Israel

Israel: Taxes less subsidies on products (current US$), annual growth rate was 13.47 % change on previous year in 2024. ◆ Volatile

Latest (2024)
13.47 % change on previous year
Change on year
up 199.6%
World rank
59th
of 197 countries
All-time high
21.99 % change on previous year
in 2021
All-time low
-13.52 % change on previous year
in 2023
Years of data
29
1996–2024

Taxes less subsidies on products (current US$), annual growth rate in Israel, 1996–2024

-10010201996201020241996: 8.6 % change on previous year1997: 2.4 % change on previous year1998: -3.7 % change on previous year1999: 1.2 % change on previous year2000: 6.9 % change on previous year2001: -3.2 % change on previous year2002: -1.7 % change on previous year2003: 4 % change on previous year2004: 6.5 % change on previous year2005: 4.6 % change on previous year2006: 4.5 % change on previous year2007: 18 % change on previous year2008: 19.4 % change on previous year2009: -5 % change on previous year2010: 17.8 % change on previous year2011: 10.7 % change on previous year2012: -5 % change on previous year2013: 15.1 % change on previous year2014: 8.7 % change on previous year2015: -6 % change on previous year2016: 5.8 % change on previous year2017: 4.8 % change on previous year2018: 3.7 % change on previous year2019: 2.6 % change on previous year2020: -1.1 % change on previous year2021: 22 % change on previous year2022: 7.2 % change on previous year2023: -13.5 % change on previous year2024: 13.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Israel recorded 13.47 % change on previous year for taxes less subsidies on products (current us$), annual growth rate in 2024.

That represents a change of up 199.6% on the previous year and up 54.3% over ten years.

Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Israel peaked at 21.99 % change on previous year in 2021 and was at its lowest, -13.52 % change on previous year, in 2023.

Israel ranks 59th of 197 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Taxes less subsidies on products (current US$), annual growth rate in Israel, year by year

Annual values for Taxes less subsidies on products (current US$), annual growth rate in Israel, 1996 to 2024.
Year % change on previous year Change
1996 8.59 % change on previous year —
1997 2.41 % change on previous year -72.0%
1998 -3.73 % change on previous year -254.8%
1999 1.2 % change on previous year -132.3%
2000 6.86 % change on previous year +470.3%
2001 -3.2 % change on previous year -146.6%
2002 -1.7 % change on previous year -47.0%
2003 3.99 % change on previous year -335.5%
2004 6.53 % change on previous year +63.5%
2005 4.56 % change on previous year -30.2%
2006 4.54 % change on previous year -0.4%
2007 17.97 % change on previous year +295.8%
2008 19.37 % change on previous year +7.8%
2009 -5.03 % change on previous year -126.0%
2010 17.84 % change on previous year -454.6%
2011 10.71 % change on previous year -40.0%
2012 -5.02 % change on previous year -146.9%
2013 15.14 % change on previous year -401.4%
2014 8.73 % change on previous year -42.4%
2015 -6.03 % change on previous year -169.2%
2016 5.75 % change on previous year -195.3%
2017 4.84 % change on previous year -15.8%
2018 3.74 % change on previous year -22.7%
2019 2.6 % change on previous year -30.4%
2020 -1.07 % change on previous year -141.1%
2021 21.99 % change on previous year -2156.5%
2022 7.23 % change on previous year -67.1%
2023 -13.52 % change on previous year -286.9%
2024 13.47 % change on previous year -199.6%

Israel compared with similar countries

  • Israel's 13.47 % change on previous year is above the median for high income countries, which is 8.9 % change on previous year, 1.5× the median. (74 countries reporting)
  • Israel's 13.47 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 8.77 % change on previous year, 1.5× the median. (20 countries reporting)

Biggest year-on-year movements

Years where Taxes less subsidies on products (current US$), 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.

YearChange FromTo
2021 +2156.5% -1.07 % change on previous year 21.99 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.12 % change on previous year -3.73 % change on previous year 8.59 % change on previous year 4
2000s 5.39 % change on previous year -5.03 % change on previous year 19.37 % change on previous year 10
2010s 5.83 % change on previous year -6.03 % change on previous year 17.84 % change on previous year 10
2020s 5.62 % change on previous year -13.52 % change on previous year 21.99 % change on previous year 5

Countries ranked near Israel

  1. 56 Greece 13.95 % change on previous year compare
  2. 57 Tanzania 13.76 % change on previous year compare
  3. 58 Turks and Caicos Islands 13.69 % change on previous year compare
  4. 60 Guinea 13.46 % change on previous year compare
  5. 61 Austria 13.45 % change on previous year compare
  6. 62 Cote d'Ivoire 13.13 % change on previous year compare

See the full ranking of 197 places →

More economy & growth data for Israel

All data for Israel →

Frequently asked questions

What is taxes less subsidies on products (current us$), annual growth rate in Israel?
Taxes less subsidies on products (current us$), annual growth rate in Israel was 13.47 % change on previous year in 2024, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Israel?
The highest recorded value was 21.99 % change on previous year in 2021.
What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Israel?
The lowest recorded value was -13.52 % change on previous year in 2023.
How does Israel rank for taxes less subsidies on products (current us$), annual growth rate?
Israel ranks 59th out of 197 countries with data for 2024.
Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Israel?
Over the last ten years it is up 54.3%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (current US$), annual growth rate in Israel. Statizoid, drawing on Statizoid (derived). Retrieved 24 October 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-annual-growth-rate/israel/

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How this figure is calculated

The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Taxes less subsidies on products (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
197 places, 8,063 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.