Israel - Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Israel was 33.58 as of 2019. Its highest value over the past 47 years was 35.54 in 2014, while its lowest value was 15.79 in 1973.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 20.00
1973 15.79
1974 19.23
1975 16.67
1976 20.97
1977 22.22
1978 24.31
1979 21.64
1980 20.52
1981 20.76
1982 26.11
1983 22.46
1984 21.28
1985 21.49
1986 23.44
1987 25.44
1988 27.85
1989 26.88
1990 28.35
1991 31.87
1992 32.82
1993 32.34
1994 32.25
1995 31.40
1996 30.36
1997 29.36
1998 28.57
1999 29.19
2000 27.65
2001 27.34
2002 28.91
2003 29.87
2004 30.75
2005 30.75
2006 29.40
2007 30.53
2008 32.13
2009 34.35
2010 34.98
2011 34.70
2012 34.30
2013 34.87
2014 35.54
2015 34.83
2016 34.80
2017 32.29
2018 33.67
2019 33.58

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance