Israel gdp

Israel’s debt-to-GDP ratio rose to 68.6% in 2025 due to war, rebuilding expenses - Finance Min.

"The upward trend in the debt-to-GDP ratio stems from the security spending required following the war," Finance Minister Bezalel Smotrich said.

Israeli prime minister Benjamin Netanyahu and Minister of Finance Bezalel Smotrich attend a discussion and a vote on the state budget at the assembly hall of the Israeli parliament in Jerusalem, February 7, 2024.
The Housing Market in Israel.

Taub Center 2025 Report: Rising defense debt and low productivity threaten Israel’s 2026 growth

 Israeli Finance Minister Bezalel Smotrich attends an inauguration event for Israel's new light rail line for the Tel Aviv metropolitan area, in Petah Tikva, Israel, August 17, 2023.

Israel plans to bring budget deficit below 3% of GDP for 2026-28

 People shop at Mahane Yehuda market in Jerusalem, December 24, 2024.

Israel's war spending in 2024 lifts debt burden to 69% of GDP


Jerusalem's economic woes: Israel's deficit increased twice initial predictions

From a fall in government revenue to Israel's national deficit: What were the highs and lows of Israel's 2024 economy?

 Government expenditures, revenues, and the deficit, January 1, 2024.

Hi-Tech leaders urge government support amid war-driven uncertainty  

The credit rating downgrades could "tarnish Israel’s reputation as a thriving start-up nation—a brand image that could take years to rebuild," Shlomo Landress notes.

 From left to right - Maya Schwartz, Shay Michel, Shlomo Landress.

Second only to Ukraine: The cost of Israel's defense burden

Experts warn of economic impact as Israel’s defense budget reaches 6.5% of GDP.

 Israeli prime minister Benjamin Netanyahu and Israeli Minister of Defense Yoav Galant attend vote on the state budget at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, March 13, 2024.

Despite Fitch credit rating drop, Israel's economy remains stable - editorial

Fitch downgraded Israel’s credit rating due to prolonged war. However, Israel's economy remains strong and requires various adjustments to ensure stability.

 Israeli minister of Finance Bezalel Smotrich speaks with Yali Rothenberg, Accountant General of the Ministry of Finance during a press conference at the Ministry of Finance in Jerusalem on October 19, 2023

Bank of Israel drops GDP growth forecast amid prolonged war prediction

GDP impairment is affected by both army reserves mobilization and restrictions on Palestinian laborers, creating supply issues.

 Israeli police work at the area where a rocket landed in Kiryat Shmona, February 13, 2024

Israel's deficit continues to grow past 2024 ceiling, hits 7.6%

Increased government spending is partially made up of expenses that don't support growth, Bank Hapoalim's head economic consultant Professor Leo Leiderman said.

 An illustrative image indicating financial trouble for the Israeli economy.

Israel's GDP grows 14.1% in first quarter of 2024

Spending is still high, however private consumption and investment have yet to return to pre war levels, said the CBS.

 People shop for groceries at the Shufersal Deal supermarket in Katsrin, Golan Heights, on February 9, 2024.

Israel-Hamas war takes toll on Israel's 2023 GDP

GDP revealed to have decreased in final quarter of 2023 as a result of conflict, revised report shows.

 A slowdown in economic activity and a sharp increase in the deficit following the injection of funds into the affected sectors

Israel-Hamas war doubles Israel's debt raising in 2023

The outbreak of the Israel-Hamas war in October led to a doubling of Israel's borrowing in the past year, with the state raising 160 billion shekels in debt.

 Market data is seen on part of an electronic board displayed at the Tel Aviv Stock Exchange, in Tel Aviv, Israel November 4, 2020

War hurt Israeli economy 'on many levels' - Bank of Israel report

2023 presented an obstacle for the Israeli economy, with the contentious judicial overhaul crisis and ongoing Israel-Hamas war sparking questions of resilience.

 View of Bank of Israel main offices in Jerusalem, on January 2, 2023.