Taxes less subsidies on products (current US$), per unit of GDP in Israel
Israel: Taxes less subsidies on products (current US$), per unit of GDP was 0.0864 current US$ per US$ of GDP in 2024. ▼ Falling
Taxes less subsidies on products (current US$), per unit of GDP in Israel, 1995–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, taxes less subsidies on products (current us$), per unit of gdp in Israel stood at 0.0864 current US$ per US$ of GDP.
The figure is up 7.4% on the previous year and down 18.4% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Israel peaked at 0.114 current US$ per US$ of GDP in 1995 and was at its lowest, 0.0805 current US$ per US$ of GDP, in 2023.
That places Israel 99th out of 197 countries with data for 2024, putting it 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 US$), per unit of GDP in Israel, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.114 current US$ per US$ of GDP | — |
| 1996 | 0.1135 current US$ per US$ of GDP | -0.5% |
| 1997 | 0.112 current US$ per US$ of GDP | -1.3% |
| 1998 | 0.1069 current US$ per US$ of GDP | -4.6% |
| 1999 | 0.1074 current US$ per US$ of GDP | +0.5% |
| 2000 | 0.1021 current US$ per US$ of GDP | -5.0% |
| 2001 | 0.0999 current US$ per US$ of GDP | -2.1% |
| 2002 | 0.1058 current US$ per US$ of GDP | +5.9% |
| 2003 | 0.1049 current US$ per US$ of GDP | -0.8% |
| 2004 | 0.1049 current US$ per US$ of GDP | -0.1% |
| 2005 | 0.1041 current US$ per US$ of GDP | -0.7% |
| 2006 | 0.1011 current US$ per US$ of GDP | -2.9% |
| 2007 | 0.1026 current US$ per US$ of GDP | +1.5% |
| 2008 | 0.1022 current US$ per US$ of GDP | -0.3% |
| 2009 | 0.1007 current US$ per US$ of GDP | -1.5% |
| 2010 | 0.1056 current US$ per US$ of GDP | +4.9% |
| 2011 | 0.1045 current US$ per US$ of GDP | -1.0% |
| 2012 | 0.101 current US$ per US$ of GDP | -3.4% |
| 2013 | 0.1027 current US$ per US$ of GDP | +1.7% |
| 2014 | 0.1059 current US$ per US$ of GDP | +3.1% |
| 2015 | 0.1033 current US$ per US$ of GDP | -2.5% |
| 2016 | 0.103 current US$ per US$ of GDP | -0.3% |
| 2017 | 0.097 current US$ per US$ of GDP | -5.8% |
| 2018 | 0.0958 current US$ per US$ of GDP | -1.3% |
| 2019 | 0.0925 current US$ per US$ of GDP | -3.5% |
| 2020 | 0.0889 current US$ per US$ of GDP | -3.9% |
| 2021 | 0.091 current US$ per US$ of GDP | +2.4% |
| 2022 | 0.0909 current US$ per US$ of GDP | -0.0% |
| 2023 | 0.0805 current US$ per US$ of GDP | -11.5% |
| 2024 | 0.0864 current US$ per US$ of GDP | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1107 current US$ per US$ of GDP | 0.1069 current US$ per US$ of GDP | 0.114 current US$ per US$ of GDP | 5 |
| 2000s | 0.1028 current US$ per US$ of GDP | 0.0999 current US$ per US$ of GDP | 0.1058 current US$ per US$ of GDP | 10 |
| 2010s | 0.1011 current US$ per US$ of GDP | 0.0925 current US$ per US$ of GDP | 0.1059 current US$ per US$ of GDP | 10 |
| 2020s | 0.0875 current US$ per US$ of GDP | 0.0805 current US$ per US$ of GDP | 0.091 current US$ per US$ of GDP | 5 |
Countries ranked near Israel
- 96 Andorra 0.0894 current US$ per US$ of GDP compare
- 97 Micronesia, Federated States of 0.0886 current US$ per US$ of GDP compare
- 98 Norway 0.0885 current US$ per US$ of GDP compare
- 100 Czechia 0.0854 current US$ per US$ of GDP compare
- 101 Burkina Faso 0.0848 current US$ per US$ of GDP compare
- 102 Russian Federation 0.0839 current US$ 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)
- Total reserves minus gold (current US$), annual growth rate 6.96 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.3757 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 22,670 current US$ per person (2025)
- General government final consumption expenditure (current US$) 11.58 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2497 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 15,068 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 4.11 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.8621 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Israel?
- Taxes less subsidies on products (current us$), per unit of gdp in Israel was 0.0864 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Israel?
- The highest recorded value was 0.114 current US$ per US$ of GDP in 1995.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Israel?
- The lowest recorded value was 0.0805 current US$ per US$ of GDP in 2023.
- How does Israel rank for taxes less subsidies on products (current us$), per unit of gdp?
- Israel ranks 99th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Israel?
- Over the last ten years it is down 18.4%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.