Fiscal Balance in Israel

Israel Fiscal Balance | Economic News & Forecasts

Israel - Fiscal Balance

A flash estimate for 2019 as a whole showed the economy slowed slightly compared to 2018, on weaker fixed investment and export growth, although continued to perform well relative to regional peers. While quarterly data for Q4 is not yet available, recent indicators suggest a robust outturn. Monthly economic activity growth was healthy through December, while the seasonally-adjusted unemployment rate edged down from Q3 and the manufacturing PMI averaged higher in the fourth quarter compared to the third. In politics, polls suggest the March elections will yield another inconclusive outcome, with neither of the two main blocs in Parliament able to govern alone. This would likely prolong political paralysis, hampering both long-term policymaking and reforms to rein in the fiscal deficit.

Israel - Fiscal Balance Data

2014   2015   2016   2017   2018  
Fiscal Balance (% of GDP)-2.7  -2.1  -2.1  -2.0  -2.9  

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Israel Fiscal Balance Chart


Israel Fiscal
Note: Fiscal balance as % of GDP.
Source: Central Bank of Israel.

Israel Facts

Value Change Date
Bond Yield0.98-1.69 %Jan 01
Exchange Rate3.46-0.37 %Dec 31

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