The general government revenue of Israel in 2024 amounted to 192 689 million USD, which is 9.5% more than in 2023, when it was 175 977 million USD. This is the first year of growth after a decline. Over the entire IMF data period, since 2000, this indicator has increased in 3.32 times. The lowest revenue of all levels of government administration was recorded in 2002, when it was 52 273 million USD. The highest general government revenue of Israel was in 2022, when it reached 195 594% million USD.
General government refers to all institutional units that carry out the functions of government as their primary activity. It includes all levels of government — central, regional (state), and local authorities, as well as social security funds. The general government sector provides non-market public services to individuals and communities and engages in income and wealth redistribution through taxes and transfers.
General government revenue | Israel
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About indicator
Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government's net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.
