Israel recorded a government budget deficit of 14878 ILS Million in December of 2019. Government Budget Value in Israel averaged -2221.71 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 -4496.00 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 -11900.00 in 12 months time. In the long-term, the Israel Government Budget Value is projected to trend around -4500.00 ILS Million in 2020, according to our econometric models.