National Debt (% of GDP): Israel
Israel's national debt (% of gdp) is currently 70.4% as of 2026. # Israel National Debt (% of GDP) Israel's national debt stood at 70.
Current (2026)
70.4%
+1.7% y/y
Peak (2003)
89.7%
Low (2019)
59.3%
Source
IMF World Economic Outlook
2000–2026 · 31 pts
National Debt (% of GDP) — Israel
2000 — 2026
National Debt (% of GDP) — Israel
Analysis# Israel National Debt (% of GDP)
Israel's national debt stood at 70.4% of GDP in 2026, down substantially from its all-time peak of 89.7% in 2003. The metric has declined 8.8 percentage points since 2000, reflecting long-term fiscal improvement. Currently, the debt level sits well above the country's low of 59.3% recorded in 2019, indicating recent deterioration in the debt-to-GDP ratio.
A sharp spike occurred in 2020, when the ratio surged to 71.1% due to pandemic-related spending, disrupting years of steady decline. Recovery followed through 2022, dropping to 60.3%, but the trajectory reversed in 2023 and has continued climbing through 2026. The recent upward trend suggests mounting fiscal pressures, with debt expected to reach 70.4% by 2026 and potentially climbing further without policy adjustment.
Historical Data
31 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 72.0% | +0.98% |
| 2029 | 71.3% | +0.71% |
| 2028 | 70.8% | +0.43% |
| 2027 | 70.5% | +0.14% |
| 2026 | 70.4% | +1.73% |
| 2025 | 69.2% | +2.37% |
| 2024 | 67.6% | +10.28% |
| 2023 | 61.3% | +1.66% |
| 2022 | 60.3% | -10.93% |
| 2021 | 67.7% | -4.78% |
| 2020 | 71.1% | +19.90% |
| 2019 | 59.3% | -1.33% |
| 2018 | 60.1% | +0.50% |
| 2017 | 59.8% | -3.08% |
| 2016 | 61.7% | -1.75% |
| 2015 | 62.8% | -3.24% |
| 2014 | 64.9% | -1.67% |
| 2013 | 66.0% | -1.35% |
| 2012 | 66.9% | -0.45% |
| 2011 | 67.2% | -2.61% |
Show all 31 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 69.0% | -4.96% |
| 2009 | 72.6% | +3.42% |
| 2008 | 70.2% | -0.85% |
| 2007 | 70.8% | -8.88% |
| 2006 | 77.7% | -8.80% |
| 2005 | 85.2% | -3.51% |
| 2004 | 88.3% | -1.56% |
| 2003 | 89.7% | +2.87% |
| 2002 | 87.2% | +7.52% |
| 2001 | 81.1% | +5.05% |
| 2000 | 77.2% | — |
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