Israel - Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Israel was 45.69 as of 2019. Its highest value over the past 47 years was 57.49 in 1981, while its lowest value was 35.00 in 1974.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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

See also:

Year Value
1972 44.44
1973 45.45
1974 35.00
1975 46.43
1976 43.90
1977 45.90
1978 48.42
1979 49.26
1980 53.62
1981 57.49
1982 54.51
1983 51.40
1984 51.48
1985 50.15
1986 46.06
1987 49.65
1988 51.87
1989 49.34
1990 47.40
1991 43.41
1992 44.29
1993 47.94
1994 51.11
1995 50.92
1996 47.86
1997 49.70
1998 50.48
1999 50.09
2000 51.76
2001 51.86
2002 47.32
2003 45.59
2004 45.11
2005 46.09
2006 49.40
2007 49.00
2008 45.61
2009 41.83
2010 41.01
2011 41.95
2012 42.16
2013 42.90
2014 42.05
2015 43.30
2016 43.68
2017 48.49
2018 45.50
2019 45.69

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance