Israel's public debt-to-GDP ratio surged to 69% in 2024, the highest since 2020, up from 61.3% in 2023, largely due to military conflicts with Palestinian militant groups Hamas in Gaza and Hezbollah in Lebanon. source: Bank of Israel

Government Debt to GDP in Israel averaged 100.27 percent of GDP from 1983 until 2024, reaching an all time high of 284.00 percent of GDP in 1984 and a record low of 58.80 percent of GDP in 2019. This page provides - Israel Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Government Debt to GDP - values, historical data and charts - was last updated on February of 2026.

Government Debt to GDP in Israel is expected to reach 69.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Government Debt to GDP is projected to trend around 68.00 percent of GDP in 2026 and 67.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 71.00 Feb 2026
Fiscal Expenditure 42718.00 72272.00 ILS Million Jan 2026
Government Budget to GDP -4.70 -6.80 percent of GDP Dec 2025
Budget Balance 16944.00 -23716.00 ILS Million Jan 2026
Government Debt to GDP 69.00 61.30 percent of GDP Dec 2024
Government Revenues 59662.00 48556.00 ILS Million Jan 2026
Government Spending 107252.60 106113.00 ILS Million Sep 2025
Government Spending to GDP 45.10 41.50 percent of GDP Dec 2024
Holidays
Military Expenditure 46505.30 27498.50 USD Million Dec 2024


Israel Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
69.00 61.30 284.00 58.80 1983 - 2024 percent of GDP Yearly