Israel - Social contributions (% of revenue)

Social contributions (% of revenue) in Israel was 18.03 as of 2019. Its highest value over the past 47 years was 18.03 in 2019, while its lowest value was 0.00 in 1972.

Definition: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 0.00
1973 0.00
1974 7.69
1975 7.14
1976 8.06
1977 7.78
1978 8.33
1979 7.21
1980 8.46
1981 9.49
1982 8.10
1983 7.20
1984 7.01
1985 6.50
1986 4.78
1987 6.54
1988 5.87
1989 7.00
1990 7.65
1991 6.53
1992 5.94
1993 6.15
1994 6.26
1995 9.74
1996 9.91
1997 12.44
1998 12.76
1999 13.08
2000 14.79
2001 15.73
2002 16.02
2003 16.72
2004 16.80
2005 16.57
2006 15.71
2007 15.65
2008 16.97
2009 17.84
2010 17.68
2011 17.66
2012 17.56
2013 17.25
2014 17.07
2015 17.05
2016 17.28
2017 16.89
2018 17.75
2019 18.03

Limitations and Exceptions: 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). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance