Israel Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Israel's government debt to gdp was 69.24% in 2025, ranked 52nd globally. This represents a 2.4% increase from 2024. Data from IMF WEO, covering 2000–2025.
Overview
Israel's government debt to gdp stood at 69.24% in 2025, a rise of +1.60% from 2024. The IMF projects 69.24% by 2025. Israel ranked 52nd globally.
Israel’s government debt-to‑GDP ratio has fallen from an early‑2000s high of 89.72 % in 2003 to a historic low of 59.30 % in 2019, before rising again to 69.24 % in 2025, placing the country 52nd in the world. The 26‑year series shows a long‑term downward trajectory after the post‑2003 fiscal tightening, punctuated by a modest increase in the last six years as pandemic‑related spending and interest‑rate pressures accumulated. Compared with peers of similar rank, Israel’s ratio sits slightly above Malaysia’s 70.44 % and Kenya’s 68.02 %, but below Yemen’s 71.36 % and Grenada’s 67.72 %. The recent uptick suggests that future fiscal consolidation will depend on the government’s ability to curb discretionary outlays and manage debt service costs as global rates climb. If fiscal discipline is maintained, the ratio could resume its declining path; otherwise, higher borrowing could keep the metric near its current level.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 71.96% | - | - |
| 2029* IMF | 71.26% | - | - |
| 2028* IMF | 70.84% | - | - |
| 2027* IMF | 70.52% | - | - |
| 2026* IMF | 70.41% | - | - |
| 2025* IMF | 69.24% | - | - |
| 2025 | 69.24% | +1.60% | #52 |
| 2024 | 67.64% | +6.31% | #128 |
| 2023 | 61.33% | +1.01% | #112 |
| 2022 | 60.32% | −7.37% | #108 |
| 2021 | 67.69% | −3.39% | #116 |
| 2020 | 71.07% | +11.77% | #122 |
| 2019 | 59.30% | −0.77% | #122 |
| 2018 | 60.08% | +0.25% | #123 |
| 2017 | 59.83% | −1.90% | #127 |
| 2016 | 61.73% | −1.12% | #130 |
| 2015 | 62.85% | −2.01% | #136 |
| 2014 | 64.86% | −1.17% | #145 |
| 2013 | 66.03% | −0.87% | #147 |
| 2012 | 66.89% | −0.29% | #152 |
| 2011 | 67.19% | −1.84% | #154 |
Detected Pattern
Analysis
Israel matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Israel's government debt to gdp was 69.24% in 2025. Ranked 52nd globally. This represents a 2.4% increase from the previous year.
Israel's government debt to gdp peaked at 89.72% in 2003.
The lowest government debt to gdp in Israel was 59.30% in 2019.
Israel ranks 52nd globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Israel's government debt to gdp is projected to reach 69.24% by 2025 based on IMF projection.
The government debt to gdp of Israel in 2025 was 69.24%. This ranks 52nd in the world.
Cite this page
@misc{historysaid_israel_government-debt-to-gdp,
title = {Israel Government Debt to GDP},
url = {https://historysaid.com/israel/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}