Israel - Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Israel was 31.80 as of 2019. Its highest value over the past 47 years was 40.00 in 1972, while its lowest value was 26.32 in 1973.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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

See also:

Year Value
1972 40.00
1973 26.32
1974 26.92
1975 30.95
1976 29.03
1977 31.11
1978 31.94
1979 32.79
1980 34.00
1981 36.46
1982 37.68
1983 31.56
1984 28.43
1985 27.28
1986 27.44
1987 30.87
1988 35.93
1989 32.73
1990 30.75
1991 29.09
1992 30.33
1993 34.07
1994 37.85
1995 36.39
1996 32.36
1997 33.45
1998 33.21
1999 33.47
2000 34.41
2001 34.06
2002 30.18
2003 29.18
2004 29.57
2005 30.77
2006 33.09
2007 33.54
2008 30.51
2009 27.94
2010 27.40
2011 28.26
2012 28.23
2013 29.42
2014 28.92
2015 29.82
2016 30.26
2017 34.28
2018 31.63
2019 31.80

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