Israel recorded a Government Debt to GDP of 69 percent of the country's Gross Domestic Product in 2024. This dataset provides - Israel Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the ratio of national debt to gross domestic product (GDP) of Israel stood at about 67.88 percent. Between 2000 and 2024, the figure dropped by approximately 9.27 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily grow by around 2.29 percentage points from 2024 to 2030.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about Israel Government Debt: % of GDP

• Israel Government debt accounted for 60.3 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 58.8 % in the previous year.
• Israel government debt to GDP ratio data is updated yearly, available from Dec 1995 to Dec 2023.
• The data reached an all-time high of 99.0 % in Dec 1995 and a record low of 57.8 % in Dec 2019.

The Bank of Israel provides annual Government Debt as % of Nominal GDP.


Related information about Israel Government Debt: % of GDP

• In the latest reports, Israel National Government Debt reached 310.8 USD bn in Dec 2023.
• The country's Nominal GDP reached 127.0 USD bn in Mar 2023.

Key information about Israel National Government Debt

• Israel National Government Debt reached 310.8 USD bn in Dec 2023, compared with 294.7 USD bn in the previous year.
• Israel National Government Debt data is updated yearly, available from Dec 1995 to Dec 2023.
• The data reached an all-time high of 335.7 USD bn in Dec 2021 and a record low of 91.3 USD bn in Dec 1995.

CEIC converts annual Government Debt into USD. The Bank of Israel provides Government Debt in local currency. The Bank of Israel period end market exchange rate is used for currency conversions.


Related information about Israel National Government Debt

• In the latest reports, Israel Consolidated Fiscal Balance recorded a deficit equal to 4.1 % of its Nominal GDP in Dec 2023.
• The country's Government debt accounted for 67.1 % of its Nominal GDP in Dec 2021.
• Israel Nominal GDP reached 127.0 USD bn in Mar 2023.

Historical dataset showing Israel debt to gdp ratio by year from 1990 to 1999.

Graph and download economic data for Central government debt, total (% of GDP) for Israel (GCDODTOTLGDZSISR) from 1990 to 1999 about Israel, debt, government, and GDP.

Key information about Israel External Debt: Short Term: % of GDP

• Israel External Debt: Short Term accounted for 9.1 % of the country's Nominal GDP in 2023, compared with the ratio of 11.8 % in the previous year.
• Israel External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2000 to 2023.
• The data reached an all-time high of 21.6 % in 2010 and a record low of 9.1 % in 2023.

CEIC calculates Short Term External Debt as % of Nominal GDP from annual Short Term External Debt and quarterly Nominal GDP. The Bank of Israel provides Short Term External Debt in USD. The Central Bureau of Statistics provides Nominal GDP in local currency. The Bank of Israel average market exchange rate is used for currency conversions.


Related information about Israel External Debt: Short Term: % of GDP

• In the latest reports of Israel, Current Account recorded a surplus of 5.0 USD bn in Jun 2024.
• Foreign Direct Investment (FDI) increased by 5.9 USD bn in Jun 2024.
• Israel Direct Investment Abroad expanded by 2.7 USD bn in Jun 2024.
• Its Foreign Portfolio Investment fell by 803.0 USD mn in Jun 2024.
• Israel External Debt: Short Term value stood at 42.8 USD bn in Dec 2023.
• The country's Nominal GDP was reported at 127.0 USD bn in Mar 2023.

Private Debt to GDP in Israel increased to 124.90 percent in 2021 from 124.30 percent in 2020. Israel Private Debt to GDP - values, historical data, forecasts and news - updated on September of 2025.

Households Debt in Israel decreased to 42.30 percent of GDP in the fourth quarter of 2024 from 42.70 percent of GDP in the third quarter of 2024. This dataset provides - Israel Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel: Government debt as percent of GDP: The latest value from 2023 is 61.94 percent, an increase from 60.49 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Israel from 1983 to 2023 is 101.13 percent. The minimum value, 59.24 percent, was reached in 2019 while the maximum of 283.96 percent was recorded in 1984.

Key information about Israel Household Debt: % of GDP

• Israel household debt accounted for 42.3 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 42.7 % in the previous quarter.
• Israel household debt to GDP ratio is updated quarterly, available from Dec 1995 to Dec 2024.
• The data reached an all-time high of 44.5 % in Jun 2022 and a record low of 32.9 % in Dec 1995.

CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. The Bank of Israel provides Household Debt in local currency and Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics.


Related information about Israel Household Debt: % of GDP

• In the latest reports, Israel Household Debt reached 229.1 USD bn in Nov 2024.
• Money Supply M2 in Israel increased 6.6 % YoY in Dec 2024.
• Israel Foreign Exchange Reserves was measured at 211.7 USD bn in Jan 2025.
• The Foreign Exchange Reserves equaled 28.7 Months of Import in Jan 2025.
• Israel Domestic Credit reached 742.6 USD bn in Apr 2023, representing an increased of 12.9 % YoY.
• The country's Non Performing Loans Ratio stood at 0.8 % in Sep 2024, compared with the ratio of 0.8 % in the previous quarter.

Graph and download economic data for Outstanding International Public Debt Securities to GDP for Israel (DDDM06ILA156NWDB) from 1980 to 2020 about Israel, public, debt, securities, and GDP.

Household debt to GDP, in percent in Israel, December, 2024 The most recent value is 42.3 percent as of December 2024, a decline compared to the previous value of 42.7 percent. Historically, the average for Israel from September 1992 to December 2024 is 37.79 percent. The minimum of 27.4 percent was recorded in September 1992, while the maximum of 44.5 percent was reached in June 2022. | TheGlobalEconomy.com

International debt issues to GDP (%) in Israel was reported at 24.84 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Israel - International debt issues to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Israel Private Debt: % of Nominal GDP

• Israel Private Debt accounted for 110.81 % of its Nominal GDP in Dec 2024, compared with a ratio of 111.54 % in the previous quarter
• Israel Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 1995 to Dec 2024, with an average share of 111.64 %
• The data reached an all-time high of 126.01 % in Jun 2007 and a record low of 86.54 % in Dec 1995

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. Private Debt is calculated as the sum of Credits to Business Sector and Households. The Bank of Israel provides Private Debt in local currency. The Central Bureau of Statistics provides Nominal GDP in local currency.

Outstanding international public debt securities to GDP (%) in Israel was reported at 10.42 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Israel - Outstanding international public debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Gross portfolio debt liabilities to GDP (%) in Israel was reported at 19.35 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Israel - Gross portfolio debt liabilities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

This scatter chart displays central government debt (% of GDP) against tax revenue (% of GDP) in Israel. The data is about countries per year.

Key information about Israel External Debt

• Israel External Debt reached 147.1 USD bn in Sep 2024, compared with 140.8 USD bn in the previous quarter.
• Israel External Debt: USD mn data is updated quarterly, available from Mar 2011 to Sep 2024.
• The data reached an all-time high of 163.8 USD bn in Mar 2022 and a record low of 85.9 USD bn in Dec 2015.

The Central Bank of Israel provides quarterly External Debt in USD.


Related information about Israel External Debt

• In the latest reports of Israel, Current Account recorded a surplus of 5.5 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 5.6 USD bn in Sep 2024.
• Israel Direct Investment Abroad expanded by 2.9 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 3.0 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 127.0 USD bn in Mar 2023.

Israel's military expenditure as a share of GDP reached 8.8 percent in 2024, marking a significant increase from previous years. The surge in defense spending reflects the country's response to the Israel-Hamas conflict, which began in Gaza in October 2023, and expanded to hostilities in Lebanon, Yemen and Iran by 2025. The financial impact of the war was also apparent in the county's national debt figures, which rapidly increased by 20 percent between the third quarter of 2023 and the third quarter of 2024. Escalating defense budget amid conflict Israel's military allocation for 2025 has seen a significant increase, nearly doubling compared to 2022. Still, actual defense spending during the year is expected to exceed the approved 109.8 billion Israeli shekels, approximately 31.6 billion U.S. dollars, reflecting the nation's intensified emphasis on military preparedness amidst escalating geopolitical tensions. The bulk of this budget is earmarked for procurement and purchases, totaling around 55 billion Israeli shekels, equivalent to 15.7 billion U.S. dollars. Record-breaking arms exports As Israel ramped up its military spending, the country's defense industries have also reached new heights. In 2024, the value of arms exported from Israel reach 14.8 billion U.S. dollars, marking the third consecutive annual record. Air defense systems were the most popular product category that year, accounting for nearly half of all defense exports. The industry’s robust performance highlights the growing global demand for arms, and Israeli military hardware in particular.