The net government budget balance (excluding credit) is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. Series do not include government's activity regarding credit lending and repayments of credit. This page provides - Israel Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Government Budget Value - actual data, historical chart and calendar of releases - was last updated on July of 2018.