Israel recorded a Current Account surplus of 2.40 percent of the country's Gross Domestic Product in 2019. source: Bank of Israel

Current Account to GDP in Israel averaged -0.32 percent from 1980 until 2019, reaching an all time high of 5.10 percent in 2015 and a record low of -8.40 percent in 1982. This page provides - Israel Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Current Account to GDP - values, historical data and charts - was last updated on January of 2021.

Current Account to GDP in Israel is expected to reach 2.60 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Current Account to GDP is projected to trend around 2.50 percent in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Israel Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.60 5.10 -8.40 1980 - 2019 percent Yearly

Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -2992.60 -1325.40 113.80 -3082.60 USD Million [+]
Current Account 6362.90 5110.20 6362.90 -1750.20 USD Million [+]
Current Account to GDP 2.40 2.60 5.10 -8.40 percent [+]
Imports 7591.40 5960.00 7591.40 33.10 USD Million [+]
Exports 4598.80 4634.60 5848.30 10.80 USD Million [+]
External Debt 123810.10 115918.40 123810.10 18963.00 USD Million [+]
Terms of Trade 93.98 96.69 120.76 87.22 points [+]
Capital Flows 9267.20 6595.50 9267.20 -3525.60 USD Million [+]
Foreign Direct Investment 64226.10 62473.00 64226.10 -10028.10 USD Million [+]
Remittances 1266.00 1028.70 1541.60 46.60 USD Million [+]
Tourist Arrivals 14.50 15.00 485.70 0.50 Thousand [+]
Terrorism Index 4.52 4.53 6.86 4.52 [+]
Weapons Sales 369.00 655.00 1392.00 4.00 USD Million [+]
Crude Oil Production 0.30 0.30 0.39 0.06 BBL/D/1K [+]


Israel Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.