In 2024, the ratio of national debt to gross domestic product (GDP) of Israel was 67.64 percent. Between 2000 and 2024, the figure dropped by 9.57 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the ratio will steadily grow by 4.32 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.

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.

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.

Key information about Israel External Debt: % of GDP

• Israel External Debt accounted for 28.4 % of the country's Nominal GDP in 2023, compared with the ratio of 29.4 % in the previous year.
• Israel External Debt: % of Nominal GDP data is updated yearly, available from Dec 1998 to Dec 2023.
• The data reached an all-time high of 56.5 % in Dec 2002 and a record low of 25.1 % in Dec 2018.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and quarterly Nominal GDP. The Bank of Israel provides 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: % 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.
• The country's External Debt reached 140,808.4 in Jun 2024.
• The country's Nominal GDP was reported at 127.0 USD bn in Mar 2023.

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

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 December of 2025.

Household debt to GDP, in percent in Israel, March, 2025 The most recent value is 42.1 percent as of March 2025, a decline compared to the previous value of 42.2 percent. Historically, the average for Israel from March 1999 to March 2025 is 38.95 percent. The minimum of 34.3 percent was recorded in March 2007, while the maximum of 44.5 percent was reached in June 2022. | TheGlobalEconomy.com

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.

Households Debt in Israel decreased to 42.10 percent of GDP in the first quarter of 2025 from 42.20 percent of GDP in the fourth quarter of 2024. This dataset provides - Israel Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Key information about Israel Private Debt: % of Nominal GDP

• Israel Private Debt accounted for 111.94 % of its Nominal GDP in Jun 2025, compared with a ratio of 110.53 % in the previous quarter
• Israel Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 1995 to Jun 2025, with an average share of 119.46 %
• 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.

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 November of 2025.

Key information about Israel External Debt

• Israel External Debt reached 162.6 USD bn in Jun 2025, compared with 149.8 USD bn in the previous quarter.
• Israel External Debt: USD mn data is updated quarterly, available from Mar 2011 to Jun 2025.
• 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 579.0 USD mn in Jun 2025.
• Foreign Direct Investment (FDI) increased by 5.4 USD bn in Jun 2025.
• Israel Direct Investment Abroad expanded by 3.4 USD bn in Jun 2025.
• Its Foreign Portfolio Investment increased by 3.5 USD bn in Jun 2025.
• The country's Nominal GDP was reported at 159.2 USD bn in Sep 2025.

Israel Public Debt: % of GDP data was reported at 61.020 % in 2018. This records an increase from the previous number of 60.500 % for 2017. Israel Public Debt: % of GDP data is updated yearly, averaging 77.095 % from Dec 1995 (Median) to 2018, with 24 observations. The data reached an all-time high of 102.334 % in 1995 and a record low of 60.500 % in 2017. Israel Public Debt: % of GDP data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.F006: Public Debt.

Key information about Israel Consolidated Fiscal Balance: % of GDP

• Israel Consolidated Fiscal Balance recorded a deficit equal to 4.8 % of its Nominal GDP in Sep 2025, compared with a deficit equal to 5.1 % in the previous quarter
• Israel Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 1999 to Sep 2025, with an average ratio of -3.9 %
• The data reached an all-time high of 0.9 % in Sep 2022 and a record low of -12.0 % in Mar 2021

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Ministry of Finance provides Consolidated Fiscal Balance in local currency. The Central Bureau of Statistics provides Nominal GDP in local currency.


Further information about Israel Consolidated Fiscal Balance: % of GDP

• In the latest reports, Israel National Government Debt reached 364.3 USD bn in Dec 2024
• Israel Nominal GDP reached 159.2 USD bn in Sep 2025

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

Israel IL: General Government: Net Debt: % of GDP data was reported at 58.588 % in 2023. This records a decrease from the previous number of 58.604 % for 2022. Israel IL: General Government: Net Debt: % of GDP data is updated yearly, averaging 63.200 % from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 82.900 % in 2004 and a record low of 57.928 % in 2017. Israel IL: General Government: Net Debt: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.FM: Government Finance Statistics.

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.

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

Israel IL: Gross Public Debt: % of GDP: Central Government: External Creditors data was reported at 8.392 % in Jun 2018. This records an increase from the previous number of 8.392 % for Mar 2018. Israel IL: Gross Public Debt: % of GDP: Central Government: External Creditors data is updated quarterly, averaging 13.467 % from Dec 1998 (Median) to Jun 2018, with 76 observations. The data reached an all-time high of 25.709 % in Dec 1998 and a record low of 8.067 % in Dec 2017. Israel IL: Gross Public Debt: % of GDP: Central Government: External Creditors data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Israel – Table IL.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.