Israel recorded a government budget deficit of 1 ILS Million in January of 2019. Government Budget Value in Israel averaged -2057.50 ILS Million from 2005 until 2019, reaching an all time high of 6084 ILS Million in January of 2012 and a record low of -21522 ILS Million in December of 2017.

Government Budget Value in Israel is expected to be -3735.00 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 -3513.00 in 12 months time. In the long-term, the Israel Government Budget Value is projected to trend around -3507.00 ILS Million in 2020, according to our econometric models.

Israel Government Budget Value
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-06 09:40 AM Budget Balance ILS-0.8B ILS-8.3B ILS -1.6B
2018-12-05 06:00 PM Budget Balance ILS-0.1B ILS-0.9B ILS -2.9B
2019-01-07 09:30 AM Budget Balance ILS-14.1B ILS-0.1B
2019-02-12 07:00 AM Budget Balance ILS-0.781B ILS-14.1B ILS 4.9B
2019-03-12 11:00 AM Budget Balance ILS-0.781B
2019-04-10 06:00 AM Budget Balance
2019-05-06 08:45 AM Budget Balance

Israel Government Last Previous Highest Lowest Unit
Government Debt to GDP 60.90 62.30 96.00 60.90 percent [+]
Government Budget -2.15 -2.15 3.90 -19.00 percent of GDP [+]
Government Budget Value -781.00 -14087.00 6084.00 -21522.00 ILS Million [+]
Government Spending 74609.20 74175.10 74609.20 40726.30 ILS Million [+]
Government Revenues 30219.00 31085.00 36740.00 4061.00 ILS Million [+]
Fiscal Expenditure 30893.00 44813.00 46114.00 5010.60 ILS Million [+]
Credit Rating 75.69 [+]
Military Expenditure 15500.80 14782.80 17063.70 336.40 USD Million [+]
Government Spending To GDP 39.55 39.77 51.67 39.55 percent [+]

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. This page provides - Israel Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Government Budget Value - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-781.00 -14087.00 6084.00 -21522.00 2005 - 2019 ILS Million Monthly
Current Prices, NSA

Country Last Previous
Argentina -135316.20 Dec/18
Australia -292.00 Dec/18
Brazil -68042.00 Dec/18
Canada -2219.00 Nov/18
China -286.50 Nov/18
France -76.05 Dec/18
Germany 36.06 Jun/18
India -7014.57 Dec/18
Indonesia -259900.00 Dec/18
Italy 27.41 Dec/18
Japan -60963.00 Sep/18
Mexico -178960.00 Dec/18
Netherlands 1.50 Dec/18
Russia 282.64 Jan/19
Saudi Arabia -238494.00 Dec/17
Singapore -2211.70 Dec/18
South Africa 17725.00 Dec/18
South Korea 37409.00 Nov/18
Spain -12378.00 Nov/18
Switzerland 2176.00 Dec/19
Turkey -20758467.00 Dec/18
United Kingdom 1596.00 Dec/18
United States -13539.00 Dec/18