Israel recorded a government budget deficit of 6000 ILS Million in September of 2021. source: Israel Ministry Of Finance

Government Budget Value in Israel averaged -3043.49 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 October of 2021.

Government Budget Value in Israel is expected to be -5500.00 ILS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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


Calendar GMT Actual Previous Consensus TEForecast
2021-07-08 11:00 AM Jun ILS-8.8B ILS-13.3B
2021-08-09 03:30 AM Jul ILS-0.8B ILS-8.9B
2021-09-13 01:00 PM Aug ILS-1.1B ILS-0.8B
2021-10-11 11:00 AM Sep ILS-6B ILS-1.1B
2021-11-06 11:00 AM Oct
2021-12-09 11:00 AM Nov


Israel Last Unit Reference Previous Highest Lowest
Government Budget Value -6000.00 ILS Million Sep/21 -1100.00 6084.00 -22850.00
Government Revenues 30235.00 ILS Million Sep/21 33468.00 37993.00 4061.00
Fiscal Expenditure 36163.00 ILS Million Sep/21 34563.00 55228.00 5010.60


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.