Israel

Budget Balance Forecast

-3
percent of GDP
Dec 01Dec 03Dec 05Dec 07Dec 09Dec 11Dec 13Dec 15Dec 17Dec 19Dec 21Dec 23Dec 25Dec 27-12.000-9.000-6.000-3.0000.000
  • Israel
  • Global Median
Source: IMF

Global Ranking

58
Slovenia-2.63
59
Italy-2.69
60
Japan-2.75
61
Mexico-2.81
62
Malaysia-2.95
63
Israel-3
64
Turkey-3.06
65
France-3.31
66
Poland-3.38
67
Morocco-3.53
68
Ukraine-3.59

News

Definition of Budget Balance Forecast

The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle. The series includes actual historical values for past years and forecast values for the current and the next few years.

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