Taxes on goods and services (current LCU) in Israel
Israel: Taxes on goods and services (current LCU) was 211.92 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Israel, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on goods and services in Israel stood at 211.92 billion current LCU. That is the highest value across all 53 years on record.
The figure is up 15.7% on the previous year and up 59.5% over ten years.
Over the whole period, taxes on goods and services in Israel peaked at 211.92 billion current LCU in 2024 and was at its lowest, 200,000 current LCU, in 1972.
That places Israel 66th out of 157 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU) in Israel, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 200,000 current LCU | — |
| 1973 | 300,000 current LCU | +50.0% |
| 1974 | 500,000 current LCU | +66.7% |
| 1975 | 700,000 current LCU | +40.0% |
| 1976 | 1.30 million current LCU | +85.7% |
| 1977 | 2.00 million current LCU | +53.8% |
| 1978 | 3.50 million current LCU | +75.0% |
| 1979 | 6.60 million current LCU | +88.6% |
| 1980 | 14.30 million current LCU | +116.7% |
| 1981 | 32.80 million current LCU | +129.4% |
| 1982 | 99.60 million current LCU | +203.7% |
| 1983 | 248.90 million current LCU | +149.9% |
| 1984 | 1.23 billion current LCU | +395.2% |
| 1985 | 4.50 billion current LCU | +265.3% |
| 1986 | 6.82 billion current LCU | +51.5% |
| 1987 | 8.41 billion current LCU | +23.3% |
| 1988 | 9.57 billion current LCU | +13.8% |
| 1989 | 10.80 billion current LCU | +12.9% |
| 1990 | 13.95 billion current LCU | +29.2% |
| 1991 | 14.73 billion current LCU | +5.5% |
| 1992 | 23.75 billion current LCU | +61.3% |
| 1993 | 26.42 billion current LCU | +11.2% |
| 1994 | 31.12 billion current LCU | +17.8% |
| 1995 | 35.91 billion current LCU | +15.4% |
| 1996 | 41.52 billion current LCU | +15.6% |
| 1997 | 45.97 billion current LCU | +10.7% |
| 1998 | 49.16 billion current LCU | +6.9% |
| 1999 | 54.15 billion current LCU | +10.1% |
| 2000 | 60.88 billion current LCU | +12.4% |
| 2001 | 61.06 billion current LCU | +0.3% |
| 2002 | 66.87 billion current LCU | +9.5% |
| 2003 | 67.36 billion current LCU | +0.7% |
| 2004 | 70.74 billion current LCU | +5.0% |
| 2005 | 74.72 billion current LCU | +5.6% |
| 2006 | 78.56 billion current LCU | +5.1% |
| 2007 | 85.31 billion current LCU | +8.6% |
| 2008 | 88.50 billion current LCU | +3.7% |
| 2009 | 91.68 billion current LCU | +3.6% |
| 2010 | 103.07 billion current LCU | +12.4% |
| 2011 | 109.65 billion current LCU | +6.4% |
| 2012 | 112.50 billion current LCU | +2.6% |
| 2013 | 123.34 billion current LCU | +9.6% |
| 2014 | 132.85 billion current LCU | +7.7% |
| 2015 | 137.57 billion current LCU | +3.6% |
| 2016 | 143.08 billion current LCU | +4.0% |
| 2017 | 142.76 billion current LCU | -0.2% |
| 2018 | 148.66 billion current LCU | +4.1% |
| 2019 | 153.13 billion current LCU | +3.0% |
| 2020 | 148.72 billion current LCU | -2.9% |
| 2021 | 177.52 billion current LCU | +19.4% |
| 2022 | 194.63 billion current LCU | +9.6% |
| 2023 | 183.09 billion current LCU | -5.9% |
| 2024 | 211.92 billion current LCU | +15.7% |
Israel compared with similar countries
- Israel's 211.92 billion current LCU is above the median for high income countries, which is 39.13 billion current LCU, 5.4× the median. (57 countries reporting)
- Israel's 211.92 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 96.87 billion current LCU, 2.2× the median. (14 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU) 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.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +395.2% | 248.90 million current LCU | 1.23 billion current LCU |
| 1985 | +265.3% | 1.23 billion current LCU | 4.50 billion current LCU |
| 1982 | +203.7% | 32.80 million current LCU | 99.60 million current LCU |
| 1983 | +149.9% | 99.60 million current LCU | 248.90 million current LCU |
| 1981 | +129.4% | 14.30 million current LCU | 32.80 million current LCU |
| 1980 | +116.7% | 6.60 million current LCU | 14.30 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.89 million current LCU | 200,000 current LCU | 6.60 million current LCU | 8 |
| 1980s | 4.17 billion current LCU | 14.30 million current LCU | 10.80 billion current LCU | 10 |
| 1990s | 33.67 billion current LCU | 13.95 billion current LCU | 54.15 billion current LCU | 10 |
| 2000s | 74.57 billion current LCU | 60.88 billion current LCU | 91.68 billion current LCU | 10 |
| 2010s | 130.66 billion current LCU | 103.07 billion current LCU | 153.13 billion current LCU | 10 |
| 2020s | 183.18 billion current LCU | 148.72 billion current LCU | 211.92 billion current LCU | 5 |
Countries ranked near Israel
More public sector data for Israel
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on goods and services in Israel?
- Taxes on goods and services in Israel was 211.92 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Israel?
- The highest recorded value was 211.92 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Israel?
- The lowest recorded value was 200,000 current LCU in 1972.
- How does Israel rank for taxes on goods and services?
- Israel ranks 66th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Israel?
- Over the last ten years it is up 59.5%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.