Israel Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Israel's budget deficit was -6.37% in 2025, ranked 159th globally. This represents a 22.9% increase from 2024. Data from IMF WEO, covering 2000–2025.
Overview
Israel's budget deficit stood at -6.37% in 2025, a rise of +1.89% from 2024. The IMF projects -6.37% by 2025. Israel ranked 159th globally.
Israel’s general government budget deficit has widened markedly over the past quarter‑century, moving from a modest -0.80 percent of GDP in 2000 to a pronounced -10.70 percent in 2020, the deepest short‑run shortfall recorded during the COVID‑19 shock. The deficit subsequently rebounded, reaching a modest surplus of 0.32 percent in 2022 before slipping again to -6.37 percent in 2025, placing Israel at rank 159 globally. This 2025 figure is closely aligned with the deficits of Iraq (-6.29 percent) and Rwanda (-6.29 percent), underscoring a regional convergence toward similar fiscal pressures despite divergent economic structures. The swing from the 2020 trough to the 2022 peak reflects the impact of emergency spending and subsequent fiscal consolidation, while the recent deterioration suggests that revenue growth has not kept pace with expenditure, particularly on security and social programs. If fiscal reforms succeed in broadening the tax base and curbing discretionary outlays, the deficit trajectory could stabilize or improve; otherwise, continued pressure may sustain the current negative gap.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -4.49% | - | - |
| 2029* IMF | -4.22% | - | - |
| 2028* IMF | -4.20% | - | - |
| 2027* IMF | -3.89% | - | - |
| 2026* IMF | -5.50% | - | - |
| 2025* IMF | -6.37% | - | - |
| 2025 | -6.37% | +1.89% | #159 |
| 2024 | -8.26% | −3.21% | #15 |
| 2023 | -5.06% | −5.38% | #46 |
| 2022 | 0.32% | +3.69% | #153 |
| 2021 | -3.37% | +7.33% | #104 |
| 2020 | -10.70% | −6.91% | #27 |
| 2019 | -3.79% | −0.23% | #50 |
| 2018 | -3.56% | −2.43% | #52 |
| 2017 | -1.13% | +0.66% | #124 |
| 2016 | -1.79% | −0.58% | #115 |
| 2015 | -1.21% | +1.08% | #138 |
| 2014 | -2.29% | +1.77% | #108 |
| 2013 | -4.06% | +0.40% | #55 |
| 2012 | -4.46% | −1.03% | #47 |
| 2011 | -3.43% | +0.29% | #73 |
Detected Pattern
Analysis
Israel matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Israel's budget deficit was -6.37% in 2025. Ranked 159th globally. This represents a 22.9% increase from the previous year.
Israel's budget deficit peaked at 0.32% in 2022.
The lowest budget deficit in Israel was -10.70% in 2020.
Israel ranks 159th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Israel's budget deficit is projected to reach -6.37% by 2025 based on IMF projection.
The budget deficit of Israel in 2025 was -6.37%. This ranks 159th in the world.
Cite this page
@misc{historysaid_israel_budget-deficit,
title = {Israel Budget Deficit},
url = {https://historysaid.com/israel/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}