Israel recorded a Government Budget deficit equal to 4.50 percent of the country's Gross Domestic Product in 2019. source: Bank of Israel
Government Budget in Israel averaged -5.29 percent of GDP from 1980 until 2019, reaching an all time high of 2.70 percent of GDP in 1986 and a record low of -16.10 percent of GDP in 1981. This page provides - Israel Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Government Budget - values, historical data and charts - was last updated on December of 2020.
Government Budget in Israel is expected to reach -12.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Government Budget is projected to trend around -7.00 percent of GDP in 2021 and -3.00 percent of GDP in 2022, according to our econometric models.