Taxes less subsidies on products in Israel
Israel: Taxes less subsidies on products was 46.87 billion current US$ 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 US$.
Analysis
The most recent figure for taxes less subsidies on products in Israel is 46.87 billion current US$, measured in 2024.
The figure is up 13.5% on the previous year and up 40.8% over ten years.
Over the whole period, taxes less subsidies on products in Israel peaked at 47.76 billion current US$ in 2022 and was at its lowest, 12.02 billion current US$, in 1995.
That places Israel 25th out of 197 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Taxes less subsidies on products in Israel, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 12.02 billion current US$ | — |
| 1996 | 13.06 billion current US$ | +8.6% |
| 1997 | 13.37 billion current US$ | +2.4% |
| 1998 | 12.87 billion current US$ | -3.7% |
| 1999 | 13.03 billion current US$ | +1.2% |
| 2000 | 13.92 billion current US$ | +6.9% |
| 2001 | 13.48 billion current US$ | -3.2% |
| 2002 | 13.25 billion current US$ | -1.7% |
| 2003 | 13.78 billion current US$ | +4.0% |
| 2004 | 14.68 billion current US$ | +6.5% |
| 2005 | 15.35 billion current US$ | +4.6% |
| 2006 | 16.04 billion current US$ | +4.5% |
| 2007 | 18.92 billion current US$ | +18.0% |
| 2008 | 22.59 billion current US$ | +19.4% |
| 2009 | 21.45 billion current US$ | -5.0% |
| 2010 | 25.28 billion current US$ | +17.8% |
| 2011 | 27.99 billion current US$ | +10.7% |
| 2012 | 26.59 billion current US$ | -5.0% |
| 2013 | 30.61 billion current US$ | +15.1% |
| 2014 | 33.28 billion current US$ | +8.7% |
| 2015 | 31.27 billion current US$ | -6.0% |
| 2016 | 33.07 billion current US$ | +5.8% |
| 2017 | 34.67 billion current US$ | +4.8% |
| 2018 | 35.97 billion current US$ | +3.7% |
| 2019 | 36.91 billion current US$ | +2.6% |
| 2020 | 36.51 billion current US$ | -1.1% |
| 2021 | 44.54 billion current US$ | +22.0% |
| 2022 | 47.76 billion current US$ | +7.2% |
| 2023 | 41.31 billion current US$ | -13.5% |
| 2024 | 46.87 billion current US$ | +13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.87 billion current US$ | 12.02 billion current US$ | 13.37 billion current US$ | 5 |
| 2000s | 16.35 billion current US$ | 13.25 billion current US$ | 22.59 billion current US$ | 10 |
| 2010s | 31.56 billion current US$ | 25.28 billion current US$ | 36.91 billion current US$ | 10 |
| 2020s | 43.40 billion current US$ | 36.51 billion current US$ | 47.76 billion current US$ | 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.87 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.38 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 183,250 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.9449 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6897 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 37,393 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.945 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 2.84 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products in Israel?
- Taxes less subsidies on products in Israel was 46.87 billion current US$ 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 47.76 billion current US$ in 2022.
- What is the lowest taxes less subsidies on products recorded in Israel?
- The lowest recorded value was 12.02 billion current US$ in 1995.
- How does Israel rank for taxes less subsidies on products?
- Israel ranks 25th out of 197 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Israel?
- Over the last ten years it is up 40.8%. 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 US$). 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 indicator is expressed in United States dollars.