Taxes on goods and services in Israel
Israel: Taxes on goods and services was 11.7% in 2024. ▼ Falling
Taxes on goods and services in Israel, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
In 2024, taxes on goods and services in Israel stood at 11.7%.
Compared with earlier readings it is up 9.2% on the previous year and down 12.6% over ten years.
Over the whole period, taxes on goods and services in Israel peaked at 13.4% in 2014 and was at its lowest, 10.7%, in 2023.
That places Israel 60th out of 154 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 on goods and services in Israel, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1995 | 13.1% | — |
| 1996 | 13.0% | -0.3% |
| 1997 | 12.8% | -1.6% |
| 1998 | 12.3% | -4.1% |
| 1999 | 12.3% | +0.2% |
| 2000 | 12.4% | +0.7% |
| 2001 | 12.2% | -1.7% |
| 2002 | 12.9% | +5.5% |
| 2003 | 12.8% | -0.3% |
| 2004 | 12.8% | +0.0% |
| 2005 | 12.9% | +0.4% |
| 2006 | 12.6% | -2.1% |
| 2007 | 12.8% | +1.4% |
| 2008 | 12.7% | -0.8% |
| 2009 | 12.5% | -1.8% |
| 2010 | 13.1% | +5.5% |
| 2011 | 13.1% | -0.7% |
| 2012 | 12.5% | -3.9% |
| 2013 | 13.0% | +3.6% |
| 2014 | 13.4% | +3.3% |
| 2015 | 13.2% | -1.3% |
| 2016 | 13.1% | -0.7% |
| 2017 | 12.5% | -5.0% |
| 2018 | 12.4% | -0.8% |
| 2019 | 12.0% | -2.8% |
| 2020 | 11.7% | -2.7% |
| 2021 | 12.5% | +6.9% |
| 2022 | 12.3% | -1.9% |
| 2023 | 10.7% | -12.7% |
| 2024 | 11.7% | +9.2% |
Israel compared with similar countries
- Israel's 11.7% is above the median for high income countries, which is 11.7%, 1.0× the median. (55 countries reporting)
- Israel's 11.7% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.7%, 1.8× the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.7% | 12.3% | 13.1% | 5 |
| 2000s | 12.7% | 12.2% | 12.9% | 10 |
| 2010s | 12.8% | 12.0% | 13.4% | 10 |
| 2020s | 11.8% | 10.7% | 12.5% | 5 |
Countries ranked near Israel
- 57 Chile 11.9% compare
- 58 Netherlands 11.8% compare
- 59 Honduras 11.7% compare
- 61 Czechia 11.7% compare
- 62 Tajikistan 11.6% compare
- 63 Cape Verde 11.2% compare
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 taxes on goods and services in Israel?
- Taxes on goods and services in Israel was 11.7% 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 13.4% in 2014.
- What is the lowest taxes on goods and services recorded in Israel?
- The lowest recorded value was 10.7% in 2023.
- How does Israel rank for taxes on goods and services?
- Israel ranks 60th out of 154 countries with data for 2024.
- Is taxes on goods and services rising or falling in Israel?
- Over the last ten years it is down 12.6%. The long-run trend across the full record is falling.
- 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 (% value added of industry and services). Statizoid updates them automatically from the source API.
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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 as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.