Broadly stable
Israel Tax Revenue as Percentage of GDP moved from 23.11 Percentage in 2015 to 23.24 Percentage in 2024 (+0.6%), an average of +0.1% a year. The series high was 25.00 Percentage in 2022 and the low 22.03 Percentage in 2020.
What Israel Tax Revenue as Percentage of GDP shows
Israel Tax Revenue as Percentage of GDP was 23.24 Percentage in 2024, up 5.2% on 2023. The Tax Revenue as a Percentage of GDP dataset for Israel provides a comprehensive assessment of the country's tax collection performance relative to economic output, offering valuable insights into fiscal strength, government revenue generation, and macroeconomic stability. Measured as a Percentage, the dataset covers 2015–2024 and indicates consistently high tax revenue throughout the decade.
A 11.9% peak-to-trough swing
The gap between the series high (2022) and low (2020) is 2.97 Percentage. The sharpest single-year move was −11.7% in 2023.
Ranks 8 of 27 countries covered
Among the 27 countries in this dataset, Israel ranks 8 for 2024, behind Denmark (33.36 Percentage) and Sweden (27.23 Percentage). It accounts for 168.2% of the global total in 2024.
Full series
Israel Tax Revenue as Percentage of GDP by year
Complete annual series with year-on-year change. Values are reported in Percentage.
Scroll the table sideways to see all columns.
| Year | Percentage | Change vs prior year |
|---|---|---|
| 2024 | 23.24 | +5.2% |
| 2023 | 22.08 | −11.7% |
| 2022Peak | 25.00 | +1.8% |
| 2021 | 24.57 | +11.5% |
| 2020 Trough | 22.03 | −1.2% |
| 2019 | 22.30 | −2.1% |
| 2018 | 22.77 | −6.3% |
| 2017 | 24.30 | +5.1% |
| 2016 | 23.12 | 0% |
| 2015 | 23.11 | — |
Regional context
How Israel compares in Middle East, North Africa, Afghanistan & Pakistan
Tax Revenue as Percentage of GDP by country, 2024, Percentage. Israel is highlighted.
1Israel23.24
2Saudi Arabia8.09
3UAE0.648
Data definition
Inclusions and exclusions
Tax Revenue as Percentage of GDP — – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.
The data includes compulsory tax payments collected by the central government, such as taxes on income, profits and capital gains, payroll taxes, property taxes, taxes on goods and services (including VAT, GST, and excise duties), taxes on international trade, customs duties, and other taxes recorded under the IMF Government Finance Statistics (GFS) framework. The indicator is expressed as a percentage of GDP using standardized national accounts and government finance statistics.
The data excludes non-tax government revenue such as grants, fees, licenses, administrative charges, dividends from state-owned enterprises, and income from government assets. It also excludes fines, penalties, most social security contributions, refunds treated as negative revenue, and informal or unrecorded tax collections not captured in official government finance statistics. For many countries, the indicator reflects central government tax revenue only and may not include taxes collected by state, provincial, or local governments.
About this indicator
Tax Revenue as Percentage of GDP — – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.
Tax revenue accounted for 23.11% of GDP in 2015, remained above 22% throughout the period, increased to 24.30% in 2017, and reached a decade high of 25.00% in 2022. The ratio subsequently declined to 22.08% in 2023 before recovering to 23.24% in 2024.
The year-wise trend reflects Israel's strong fiscal framework, efficient tax administration, and resilient economic performance despite changing domestic and global economic conditions. The sustained tax-to-GDP ratio demonstrates the government's robust capacity to generate domestic revenue for financing healthcare, education, public infrastructure, innovation, defense, and social services while maintaining long-term fiscal sustainability.
This dataset serves as an important resource for policymakers, economists, financial institutions, investors, researchers, and international organizations evaluating fiscal sustainability, taxation efficiency, and government revenue performance. It supports benchmarking Israel against regional and global economies, assessing the effectiveness of tax policy reforms, monitoring long-term fiscal trends, forecasting future government revenue, and analyzing the relationship between taxation, economic growth, and public expenditure. The data also contributes to research on public finance, fiscal resilience, macroeconomic stability, innovation-driven economic development, and long-term competitiveness.
Overall, the 2015–2024 dataset highlights Israel's consistently strong tax revenue performance relative to GDP despite moderate year-to-year fluctuations. It provides a reliable foundation for fiscal analysis, policy evaluation, investment planning, and long-term economic forecasting while supporting evidence-based decision-making in public finance and sustainable economic development.
- Indicator
- Tax Revenue as Percentage of GDP
- Country
- Israel
- Region
- Middle East, North Africa, Afghanistan & Pakistan
- Unit
- Percentage
- Coverage
- 2015–2024, annual
- Category
- BFSI
- Last updated
- July 2026
- Source
- data.worldbank.org
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Frequently asked questions
What is Israel Tax Revenue as Percentage of GDP?
Definition – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.
What was Israel Tax Revenue as Percentage of GDP in 2024?
Israel Tax Revenue as Percentage of GDP was 23.24 Percentage in 2024, up 5.2% on 2023.
How has Israel Tax Revenue as Percentage of GDP changed between 2015 and 2024?
Israel Tax Revenue as Percentage of GDP moved from 23.11 Percentage in 2015 to 23.24 Percentage in 2024 (+0.6%), an average of +0.1% a year. The series high was 25.00 Percentage in 2022 and the low 22.03 Percentage in 2020.
Which year had the highest and lowest Israel Tax Revenue as Percentage of GDP?
The highest value was 25.00 Percentage in 2022 and the lowest was 22.03 Percentage in 2020.
What does the Israel Tax Revenue as Percentage of GDP data include and exclude?
Included: The data includes compulsory tax payments collected by the central government, such as taxes on income, profits and capital gains, payroll taxes, property taxes, taxes on goods and services (including VAT, GST, and excise duties), taxes on international trade, customs duties, and other taxes recorded under the IMF Government Finance Statistics (GFS) framework. The indicator is expressed as a percentage of GDP using standardized national accounts and government finance statistics. Excluded: The data excludes non-tax government revenue such as grants, fees, licenses, administrative charges, dividends from state-owned enterprises, and income from government assets. It also excludes fines, penalties, most social security contributions, refunds treated as negative revenue, and informal or unrecorded tax collections not captured in official government finance statistics. For many countries, the indicator reflects central government tax revenue only and may not include taxes collected by state, provincial, or local governments.
Where does the Israel Tax Revenue as Percentage of GDP data come from?
The series is sourced from data.worldbank.org (https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS). It covers 2015–2024 and is reported in Percentage.
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