Israel recorded a government budget deficit of 11356 ILS Million in March of 2021. source: Israel Ministry Of Finance

Government Budget Value in Israel averaged -2987.96 ILS Million from 2005 until 2021, reaching an all time high of 6084 ILS Million in January of 2012 and a record low of -22850 ILS Million in December of 2020. This page provides - Israel Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Government Budget Value in Israel is expected to be -13000.00 ILS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Israel to stand at -5500.00 in 12 months time. In the long-term, the Israel Government Budget Value is projected to trend around -4500.00 ILS Million in 2022, according to our econometric models.

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Israel Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-11356.00 -10885.00 6084.00 -22850.00 2005 - 2021 ILS Million Monthly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2021-01-11 03:30 PM Dec ILS-22.9B ILS-13.6B ILS-12B
2021-02-08 12:00 PM Jan ILS-128M ILS-22.9B ILS-12B
2021-03-09 09:00 AM Feb ILS-10.9B ILS-0.1B ILS-9B
2021-04-12 10:00 AM Mar ILS-11.4B ILS-10.9B ILS-13B
2021-05-10 10:00 AM Apr ILS-11.4B ILS-9B
2021-06-09 10:00 AM May
2021-07-06 05:00 PM Jun
2021-08-06 08:30 AM Jul

Israel Government Last Previous Highest Lowest Unit
Government Debt to GDP 71.10 58.50 284.00 58.50 percent [+]
Government Budget -11.70 -3.70 2.70 -16.10 percent of GDP [+]
Government Budget Value -11356.00 -10885.00 6084.00 -22850.00 ILS Million [+]
Government Spending 82254.10 77716.20 82254.10 41086.80 ILS Million [+]
Government Revenues 35652.00 27988.00 36740.00 4061.00 ILS Million [+]
Fiscal Expenditure 46981.00 38818.00 55228.00 5010.60 ILS Million [+]
Government Spending To GDP 46.90 39.80 80.10 28.10 percent [+]
Credit Rating 81.00 [+]
Military Expenditure 20102.00 19759.00 20102.00 364.00 USD Million [+]

Israel Government Budget Value
The net government budget balance (excluding credit) is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. Series do not include government's activity regarding credit lending and repayments of credit.