Government debt as a percentage of GDP in Israel 2016-2023

Published by Statista Research Department, Sep 24, 2024

In 2023, Israel's government debt as a share of GDP slightly increased to 60.2 percent, compared to 59.7 percent in the previous year. Over the period observed, the national debt-to-GDP ratio peaked in 2020 at 70.8 percent. This was due to increased public spending in relation to the coronavirus pandemic. Before the spike of that year, the relation between debt and GDP remained relatively stable. 

National debt as a share of GDP in Israel from 2016 to 2023

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Release date

September 2024

Region

Israel, MENA

Survey time period

2016 to 2023

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