Israel's taxes on international trade (current LCU) was 1.75 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 36.85% from 2.78 billion in 2014 (4.49% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.75 billion | 2024 |
| Five years earlier | 3.02 billion | 2019 |
| Ten years earlier | 2.78 billion | 2014 |
| Highest | 3.68 billion | 2021 |
| Lowest | 200,000 | 1972 |
| Average since 2015 | 2.8 billion | 2015–2024 |
| First recorded | 200,000 |
What the numbers say
In 2024, Israel's taxes on international trade (current LCU) rose 0.9% on 2023 (from 1.74 billion to 1.75 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +4.5% and a typical year strayed about 18.7% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 322.5% in 1984 and the biggest yearly fall was 41.6% in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 112.56 million a year. A straight line explains 31% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Israel had the 50th highest value of the 68 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Israel in the 2024 ranking
- Moldova — 47th of 68: 2.58 billion
- Azerbaijan — 48th of 68: 1.9 billion
- Mauritius — 49th of 68: 1.84 billion
- Tajikistan — 51st of 68: 1.46 billion
- Papua New Guinea — 52nd of 68: 761.78 million
- Switzerland — 53rd of 68: 738.17 million
What this measures
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: 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).
All 53 values
| Year | Taxes on international trade (current LCU) |
|---|---|
| 2024 | 1,753,000,000 |
| 2023 | 1,737,000,000 |
| 2022 | 2,972,000,000 |
| 2021 | 3,677,000,000 |
| 2020 | 2,875,000,000 |
| 2019 | 3,016,000,000 |
| 2018 | 2,785,000,000 |
| 2017 | 3,010,000,000 |
| 2016 | 3,289,000,000 |
| 2015 | 2,870,000,000 |
Taxes on international trade (current LCU) in nearby economies
- Afghanistan — 45.92 billion (2017)
- Bahrain — 85.11 million (2020)
- Egypt, Arab Rep. — 21.87 billion (2015)
- Jordan — 240.1 million (2023)
- Lebanon — 28.92 trillion (2024)
- Morocco — 16.08 billion (2024)
- Saudi Arabia — 24.5 billion (2024)
- United Arab Emirates — 10.26 million (2024)
More public sector data for Israel
- Arms imports (SIPRI trend indicator values) — 537 million (2025)
- Military expenditure (current USD) — 48.28 billion (2025)
- Military expenditure (current LCU) — 166.64 billion (2025)
- Military expenditure (% of GDP) — 7.81% (2025)
- Arms exports (SIPRI trend indicator values) — 2.62 billion (2025)
- Net lending (+) / net borrowing (-) (current LCU) — -164.05 billion (2024)
- Net lending (+) / net borrowing (-) (% of GDP) — -8.18% (2024)
- Grants and other revenue (current LCU) — 91.79 billion (2024)
- Grants and other revenue (% of revenue) — 13.82% (2024)
- Revenue, excluding grants (current LCU)
Reading data like this
Questions people ask
- What is Israel's taxes on international trade (current LCU)?
- 1.75 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1972?
- It is up 876,400% from 200,000 in 1972 (19.08% a year on average, compounded). The highest value was 3.68 billion in 2021 and the lowest 200,000 in 1972.
- How does Israel rank?
- 50th highest of 68 economies with data for 2024.
- Is the latest change in taxes on international trade (current LCU) unusual for Israel?
- In 2024, Israel's taxes on international trade (current LCU) rose 0.9% on 2023 (from 1.74 billion to 1.75 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +4.5% and a typical year strayed about 18.7% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator GC.TAX.INTT.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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