Net incurrence of liabilities, total in Israel
Israel: Net incurrence of liabilities, total was 9.9% in 2024. ◆ Volatile
Net incurrence of liabilities, total in Israel, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Israel is 9.9%, measured in 2024.
Compared with earlier readings it is up 138.9% on the previous year and up 786.7% over ten years.
Over the whole period, net incurrence of liabilities, total in Israel peaked at 33.2% in 1983 and was at its lowest, -1.4%, in 2022.
Israel ranks 9th of 136 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Israel, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 16.3% | — |
| 1973 | 8.4% | -48.3% |
| 1974 | 18.9% | +125.3% |
| 1975 | 18.6% | -1.8% |
| 1976 | 13.3% | -28.3% |
| 1977 | 15.3% | +15.2% |
| 1978 | 12.6% | -17.7% |
| 1979 | 11.0% | -13.1% |
| 1980 | 14.4% | +31.6% |
| 1981 | 19.7% | +36.1% |
| 1982 | 15.5% | -21.2% |
| 1983 | 33.2% | +114.1% |
| 1984 | 26.2% | -21.0% |
| 1985 | 6.0% | -77.1% |
| 1986 | 1.2% | -79.7% |
| 1987 | 3.0% | +150.5% |
| 1988 | 8.6% | +183.3% |
| 1989 | 4.6% | -46.2% |
| 1990 | 3.6% | -21.6% |
| 1991 | 4.9% | +34.0% |
| 1992 | 4.8% | -2.4% |
| 1993 | 3.9% | -18.5% |
| 1994 | 2.1% | -45.8% |
| 1995 | 4.2% | +101.8% |
| 1996 | 5.0% | +18.8% |
| 1997 | 1.2% | -75.8% |
| 1998 | 2.6% | +109.3% |
| 1999 | 1.6% | -37.9% |
| 2006 | -0.5% | -128.6% |
| 2007 | -0.7% | +55.1% |
| 2008 | 3.4% | -582.2% |
| 2009 | 6.7% | +96.8% |
| 2010 | 2.1% | -68.1% |
| 2011 | 2.3% | +6.8% |
| 2012 | 3.9% | +71.9% |
| 2013 | 3.8% | -2.0% |
| 2014 | 1.1% | -70.8% |
| 2015 | 1.3% | +15.4% |
| 2016 | 1.5% | +12.9% |
| 2017 | 0.9% | -35.5% |
| 2018 | 2.9% | +205.0% |
| 2019 | 2.9% | +0.8% |
| 2020 | 12.7% | +341.2% |
| 2021 | 4.5% | -65.0% |
| 2022 | -1.4% | -130.4% |
| 2023 | 4.2% | -406.8% |
| 2024 | 9.9% | +138.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.3% | 8.4% | 18.9% | 8 |
| 1980s | 13.2% | 1.2% | 33.2% | 10 |
| 1990s | 3.4% | 1.2% | 5.0% | 10 |
| 2000s | 2.2% | -0.7% | 6.7% | 4 |
| 2010s | 2.3% | 0.9% | 3.9% | 10 |
| 2020s | 6.0% | -1.4% | 12.7% | 5 |
Countries ranked near Israel
More public sector data for Israel
- Arms imports 211.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 21.1 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -75.55 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 211.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 4,650 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0858 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 69.12 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 46.51 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 39,880 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Israel?
- Net incurrence of liabilities, total in Israel was 9.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Israel?
- The highest recorded value was 33.2% in 1983.
- What is the lowest net incurrence of liabilities, total recorded in Israel?
- The lowest recorded value was -1.4% in 2022.
- How does Israel rank for net incurrence of liabilities, total?
- Israel ranks 9th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Israel?
- Over the last ten years it is up 786.7%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.