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Israel
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 All Countries with 2008 gdp bil usd
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Australia $1,058bBrazil $1,636bDemocratic Rep $12bEritrea $1bGuinea-Bissau $bJapan $4,887bLithuania $47bMorocco $89bParaguay $17bSierra Leone $2bSwitzerland $502bUnited Arab Em $254bNewly industri $1,743b
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| Select Variable
GDP, constant prices   *   Natl currency |
GDP, constant prices % chg
GDP, current prices   *   Natl currency |
GDP, current prices U.S. $s |
GDP, deflator Index, 2000=100
GDP per capita, constant pri Natl currency
GDP per capita, current pric Natl currency
GDP per capita, current pric U.S. $s
Output gap in percent of pot % of potential GDP
GDP based on PPP valuation o Current intl $ |
GDP based on PPP per capita Current intl $
GDP based on PPP share of wo %
Implied PPP conversion rate Natl currency/$
Investment % of GDP
Gross national savings % of GDP
Inflation, average consumer Index
Inflation, average consumer % chg
Inflation, end of period con Index
Inflation, end of period con   *   % chg
Six-month London interbank o %
Unemployment rate % of total labor force
Employment Index, 2000=100
Population Persons |
Govt revenue Natl currency |
Govt revenue   *   % of GDP
Govt total expenditure Natl currency |
Govt total expenditure % of GDP
Govt net lending/borrowing Natl currency |
Govt net lending/borrowing   *   % of GDP
Govt structural balance Natl currency |
Govt structural balance % of potential GDP
Govt primary net lending/bor Natl currency |
Govt primary net lending/bor % of GDP
Govt net debt Natl currency |
Govt net debt % of GDP
Govt gross debt Natl currency |
Govt gross debt % of GDP
GDP corresponding to fiscal Natl currency |
Current account balance U.S. $s |
Current account balance % of GDP
*_popular_variable. 		  Israel   ISR * Asterisk means observation is an IMF forecast | 2010 Dec 04
  country cd     variable cd     variable   data for
all years 		1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
1 ISR | 436 NGDP_R   GDP, constant prices National currency | Billions | 1980 1.096   1970-2009 131.93 146.59 164.04 172.41 179.40 185.68 188.31 190.23 197.19 206.73 213.29 223.37 226.55 232.41 237.55 248.12 256.93 276.17 286.02 290.08 309.32 323.60 346.75 359.83 385.06 423.52 447.00 461.61 480.47 496.39 541.75 541.41 538.27 546.58 574.51 602.51 636.83 670.68 699.03 704.63 734.17* 762.09* 793.81* 824.09* 854.60* 885.84*
2 ISR | 436 NGDP_RPCH   GDP, constant prices Percent change   1980-2009 11.11 11.91 5.106 4.049 3.502 1.419 1.018 3.657 4.840 3.568 4.723 1.424 2.586 2.210 4.451 3.551 7.490 3.564 1.419 6.633 4.618 7.155 3.771 7.011 9.989 5.545 3.268 4.085 3.312 9.139 -0.0620 -0.5800 1.543 5.110 4.872 5.697 5.315 4.227 0.8010 4.192* 3.803* 4.162* 3.815* 3.702* 3.655*
3 ISR | 436 NGDP   GDP, current prices National currency | Billions | 1980 1.094   1970-2009 0.0022 0.0033 0.0033 0.0044 0.0066 0.0088 0.0120 0.0164 0.0263 0.0503 0.1160 0.2760 0.6270 1.617 7.989 29.85 46.38 59.37 73.65 89.70 111.07 141.53 169.74 195.81 235.96 289.28 336.31 373.88 417.58 458.64 508.64 517.55 535.42 541.50 568.51 602.50 649.85 690.14 725.86 768.34 825.32* 881.00* 940.37* 1000.30* 1062.95* 1129.61*
4 ISR | 436 NGDPD   GDP, current prices U.S. dollars | Billions | 1980 1.091   1970-2009 6.290 6.521 8.277 10.40 14.25 14.43 15.38 15.87 15.23 19.87 22.64 24.15 25.84 28.77 27.25 25.32 31.17 37.23 46.06 46.81 55.09 62.10 69.03 69.19 78.37 96.06 105.37 108.39 109.89 110.79 124.75 123.06 113.01 118.90 126.84 134.26 145.84 168.00 202.30 195.39 201.25* 212.40* 224.48* 236.63* 249.23* 262.52*
5 ISR | 436 NGDP_D   GDP, deflator Index   1980-2009 0.0017 0.0022 0.0020 0.0025 0.0037 0.0047 0.0064 0.0086 0.0133 0.0244 0.0540 0.1240 0.2770 0.6960 3.363 12.03 18.05 21.50 25.75 30.92 35.91 43.74 48.95 54.42 61.28 68.30 75.24 80.99 86.91 92.40 93.89 95.59 99.47 99.07 98.95 100.00 102.05 102.90 103.84 109.04 112.42* 115.60* 118.46* 121.38* 124.38* 127.52*
6 ISR | 436 NGDPRPC   GDP per capita, constant prices National currency | Units | 1980 1.127   1970-2009 45671.38 49093.02 53542.19 54045.79 54570.16 55175.25 54848.73 54179.14 54943.02 56082.40 56666.80 58244.71 58030.30 58526.49 58842.13 60472.47 61657.86 65258.27 66437.97 65971.05 68523.52 69456.49 71791.09 71750.38 74049.02 78808.52 80773.77 81226.82 82540.80 83370.00 89045.04 87169.86 84981.69 84688.72 87405.14 90033.92 93500.66 96350.41 98261.45 96916.74 98805.49* 100355.30* 102281.80* 103898.20* 105425.00* 106926.30*
7 ISR | 436 NGDPPC   GDP per capita, current prices National currency | Units | 1980 1.121   1970-2009 0.7845 0.8965 1.121 1.345 1.905 2.690 3.586 4.707 7.396 13.67 30.82 71.97 160.61 407.20 1978.95 7275.17 11129.83 14029.06 17108.71 20400.27 24605.45 30377.12 35143.06 39044.66 45377.31 53828.99 60771.23 65789.02 71735.95 77029.90 83602.07 83328.45 84531.10 83901.45 86490.95 90033.48 95412.42 99146.63 102033.00 105679.10 111072.70* 116014.00* 121166.60* 126113.50* 131128.20* 136351.00*
8 ISR | 436 NGDPDPC   GDP per capita, current prices U.S. dollars | Units | 1980 1.121   1970-2009 2177.39 2183.90 2701.59 3260.32 4334.04 4289.31 4479.36 4518.94 4244.68 5390.95 6014.15 6296.16 6618.23 7243.72 6749.25 6171.41 7480.52 8797.63 10700.08 10645.01 12204.03 13328.51 14291.12 13796.30 15070.23 17875.71 19040.69 19072.88 18877.51 18607.53 20504.11 19813.45 17841.75 18423.14 19297.47 20062.28 21413.04 24134.52 28437.13 26874.40 27085.13* 27969.90* 28924.06* 29833.32* 30745.42* 31687.46*
9 ISR | 436 NGAP_NPGDP   Output gap in percent of potential GDP Percent of potential GDPno data
10 ISR | 436 PPPGDP   GDP based on PPP valuation of country GDP Current international dollar | Billions   1980-2009 27.40 31.38 33.77 36.01 38.19 41.10 43.50 48.11 51.54 54.24 60.07 65.08 71.39 75.71 82.73 92.89 99.91 104.99 110.52 115.86 129.18 132.02 133.38 138.35 149.29 162.10 176.91 191.80 204.28 207.80 218.49* 229.75* 242.48* 255.47* 269.40* 284.20*
11 ISR | 436 PPPPC   GDP based on PPP per capita GDP Current international dollar | Units   1980-2009 7278.62 8182.43 8649.61 9068.54 9459.96 10016.35 10438.44 11368.67 11971.76 12336.50 13308.27 13967.67 14779.46 15097.42 15909.41 17284.70 18053.10 18474.87 18985.83 19458.69 21233.20 21255.67 21057.63 21436.83 22712.53 24222.49 25974.55 27554.02 28714.58 28581.22 29404.74* 30255.01* 31243.97* 32208.74* 33234.00* 34304.52*
12 ISR | 436 PPPSH   GDP based on PPP share of world total Percent   1980-2009 0.2420 0.2480 0.2510 0.2510 0.2450 0.2460 0.2470 0.2560 0.2540 0.2490 0.2570 0.2640 0.2570 0.2610 0.2710 0.2880 0.2940 0.2910 0.2950 0.2950 0.3070 0.3000 0.2900 0.2840 0.2840 0.2870 0.2880 0.2880 0.2910 0.2960 0.2930* 0.2910* 0.2900* 0.2880* 0.2860* 0.2830*
13 ISR | 436 PPPEX   Implied PPP conversion rate National currency per current international dollar   1980-2009 0.0040 0.0090 0.0190 0.0450 0.2090 0.7260 1.066 1.234 1.429 1.654 1.849 2.175 2.378 2.586 2.852 3.114 3.366 3.561 3.778 3.959 3.937 3.920 4.014 3.914 3.808 3.717 3.673 3.598 3.553 3.698 3.777* 3.835* 3.878* 3.916* 3.946* 3.975*
14 ISR | 436 NID_NGDP   Investment Percent of GDPno data
15 ISR | 436 NGSD_NGDP   Gross national savings Percent of GDPno data
16 ISR | 436 PCPI   Inflation, average consumer prices Index   1980-2009 0.1000 0.1330 0.3330 0.6830 2.925 11.88 17.58 21.03 24.53 29.45 34.48 41.07 45.96 51.01 57.30 63.04 70.17 76.47 80.64 84.83 85.80 86.72 91.68 92.33 91.93 93.18 95.12 95.62 99.99 103.33 105.70* 108.66* 111.38* 114.16* 117.02* 119.94*
17 ISR | 436 PCPIPCH   Inflation, average consumer prices Percent change   1980-2009 131.03 33.33 150.00 105.00 328.05 305.98 48.07 19.62 16.60 20.08 17.09 19.09 11.91 10.99 12.34 10.02 11.30 8.979 5.460 5.198 1.139 1.068 5.727 0.7090 -0.4330 1.360 2.075 0.5260 4.576 3.334 2.300* 2.800* 2.500* 2.500* 2.500* 2.500*
18 ISR | 436 PCPIE   Inflation, end of period consumer prices Index   1980-2009 0.1000 0.2000 0.4000 1.000 5.700 16.20 19.40 22.40 26.20 31.50 37.00 43.80 48.00 53.40 61.00 66.00 73.00 78.10 84.90 86.00 86.00 87.10 92.90 91.10 92.20 94.40 94.30 97.50 101.20 105.20 106.36* 109.12* 111.85* 114.65* 117.51* 120.45*
19 ISR | 436 PCPIEPCH   Inflation, end of period consumer prices Percent change   1980-2009 188.57 100.00 100.00 150.00 470.00 184.21 19.75 15.46 16.96 20.23 17.46 18.38 9.589 11.25 14.23 8.197 10.61 6.986 8.707 1.296 1.279 6.659 -1.938 1.207 2.386 -0.1060 3.393 3.795 3.953 1.100* 2.600* 2.500* 2.500* 2.500* 2.500*
20 ISR | 436 FLIBOR6   Six-month London interbank offered rate (LIBOR) Percentno data
21 ISR | 436 LUR   Unemployment rate Percent of total labor force   1980-2009 4.780 5.115 5.048 4.562 5.893 6.693 7.078 6.057 6.428 8.881 9.567 10.59 11.16 10.02 7.828 6.863 6.750 7.675 8.575 8.900 8.750 9.325 10.33 10.75 10.35 8.975 8.425 7.325 6.125 7.650 7.400* 7.200* 7.000* 6.800* 6.600* 6.500*
22 ISR | 436 LE   Employment Persons | Millions   1980-2009 1.255 1.280 1.298 1.339 1.359 1.349 1.368 1.404 1.453 1.461 1.492 1.583 1.650 1.751 1.871 1.965 2.014 2.041 2.073 2.137 2.225 2.265 2.282 2.331 2.403 2.495 2.574 2.684 2.775 2.784 2.845* 2.918*
23 ISR | 436 LP   Population Persons | Millions   1980-2009 3.764 3.835 3.904 3.971 4.037 4.103 4.167 4.232 4.305 4.397 4.514 4.659 4.830 5.015 5.200 5.374 5.534 5.683 5.821 5.954 6.084 6.211 6.334 6.454 6.573 6.692 6.811 6.961 7.114 7.270 7.430* 7.594* 7.761* 7.932* 8.106* 8.285*
24 ISR | 436 GGR   Govt revenue National currency | Billions   2000-2008 233.76 241.04 254.52 240.58 250.46 265.44 288.72 306.17 303.98 283.61* 312.11* 334.94* 357.52* 375.27* 396.64* 419.24*
25 ISR | 436 GGR_NGDP   Govt revenue Percent of GDP   2000-2008 45.96 46.57 47.54 44.43 44.06 44.06 44.43 44.36 41.88 36.91* 37.82* 38.02* 38.02* 37.52* 37.32* 37.11*
26 ISR | 436 GGX   Govt total expenditure National currency | Billions   2000-2008 244.84 262.48 277.87 277.73 274.82 278.65 296.34 307.66 317.96 325.41* 346.62* 363.77* 378.77* 390.76* 413.09* 435.57*
27 ISR | 436 GGX_NGDP   Govt total expenditure Percent of GDP   2000-2008 48.14 50.72 51.90 51.29 48.34 46.25 45.60 44.58 43.80 42.35* 42.00* 41.29* 40.28* 39.07* 38.86* 38.56*
28 ISR | 436 GGXCNL   Govt net lending/borrowing National currency | Billions   2000-2008 -11.07 -21.44 -23.35 -37.15 -24.36 -13.20 -7.619 -1.486 -13.97 -41.80* -34.51* -28.83* -21.26* -15.50* -16.45* -16.33*
29 ISR | 436 GGXCNL_NGDP   Govt net lending/borrowing Percent of GDP   2000-2008 -2.177 -4.142 -4.360 -6.860 -4.285 -2.191 -1.172 -0.2150 -1.925 -5.440* -4.181* -3.272* -2.260* -1.549* -1.548* -1.445*
30 ISR | 436 GGSB   Govt structural balance National currency | Billionsno data
31 ISR | 436 GGSB_NPGDP   Govt structural balance Percent of potential GDPno data
32 ISR | 436 GGXONLB   Govt primary net lending/borrowing National currency | Billions   2000-2008 12.21 2.092 -1.218 -10.11 3.594 12.34 18.34 25.78 8.535 -16.25* -9.111* -4.438* 3.841* 9.454* 8.399* 8.617*
33 ISR | 436 GGXONLB_NGDP   Govt primary net lending/borrowing Percent of GDP   2000-2008 2.401 0.4040 -0.2270 -1.868 0.6320 2.049 2.823 3.736 1.176 -2.115* -1.104* -0.5040* 0.4080* 0.9450* 0.7900* 0.7630*
34 ISR | 436 GGXWDN   Govt net debt National currency | Billions   2000-2008 405.29 435.60 492.03 510.76 527.01 534.94 517.66 503.17 514.00 560.04* 589.38* 613.21* 629.25* 639.47* 650.37* 660.82*
35 ISR | 436 GGXWDN_NGDP   Govt net debt Percent of GDP   2000-2008 79.68 84.17 91.90 94.32 92.70 88.79 79.66 72.91 70.81 72.89* 71.41* 69.60* 66.92* 63.93* 61.19* 58.50*
36 ISR | 436 GGXWDG   Govt gross debt National currency | Billions   2000-2008 429.11 459.80 517.05 536.10 553.64 563.21 548.27 535.48 547.00 596.00* 628.21* 654.67* 673.50* 686.53* 700.38* 713.97*
37 ISR | 436 GGXWDG_NGDP   Govt gross debt Percent of GDP   2000-2008 84.37 88.84 96.57 99.00 97.39 93.48 84.37 77.59 75.36 77.57* 76.12* 74.31* 71.62* 68.63* 65.89* 63.21*
38 ISR | 436 NGDP_FY   GDP corresponding to fiscal year, current prices National currency | Billions   2000-2008 508.64 517.55 535.42 541.50 568.51 602.50 649.85 690.14 725.86 768.34* 825.32* 881.00* 940.37* 1000.30* 1062.95* 1129.61*
39 ISR | 436 BCA   Current account balance U.S. dollars | Billions   1980-2009 -0.8780 -1.360 -2.254 -2.370 -1.572 0.9890 1.303 -1.406 -0.8300 0.2150 0.1710 -1.265 -0.8590 -2.411 -3.404 -4.790 -5.175 -3.276 -0.9870 -1.902 -2.211 -1.910 -1.218 0.7450 2.283 4.162 7.395 4.881 1.421 7.486 12.45* 12.20* 11.57* 11.74* 11.92* 11.77*
40 ISR | 436 BCA_NGDPD   Current account balance Percent of GDP   1980-2009 -3.879 -5.632 -8.724 -8.239 -5.770 3.906 4.180 -3.776 -1.802 0.4590 0.3100 -2.037 -1.244 -3.485 -4.344 -4.986 -4.911 -3.022 -0.8980 -1.717 -1.772 -1.552 -1.078 0.6270 1.800 3.100 5.070 2.905 0.7020 3.831 6.186* 5.741* 5.154* 4.961* 4.783* 4.485*
    NOTES
    1GDP, constant prices : Real GDP is expressed in billions of national currency units; the base year is country-specific. Source: Haver Analytics Latest actual data: 2009 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2005 Chain-weighted: Yes, from 1995 Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    2GDP, constant prices : See notes for: Gross domestic product, constant prices (National currency).
    3GDP, current prices : GDP is expressed in billions of national currency units. Source: Haver Analytics Latest actual data: 2009 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2005 Chain-weighted: Yes, from 1995 Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    4GDP, current prices : See notes for: Gross domestic product, current prices (National currency).
    5GDP, deflator : See notes for: Gross domestic product, constant prices (National currency) Gross domestic product, current prices (National currency).
    6GDP per capita, constant prices : GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population. See notes for: Gross domestic product, constant prices (National currency) Population (Persons).
    7GDP per capita, current prices : GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population. See notes for: Gross domestic product, current prices (National currency) Population (Persons).
    8GDP per capita, current prices : GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population. See notes for: Gross domestic product, current prices (National currency) Population (Persons).
    10GDP based on PPP valuation of country GDP : See notes for: Gross domestic product, current prices (National currency).
    11GDP based on PPP per capita GDP : See notes for: Gross domestic product, current prices (National currency) Population (Persons).
    12GDP based on PPP share of world total : These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas, Purchasing Power Parity Based Weights for the World Economic Outlook, in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23. See notes for: Gross domestic product, current prices (National currency).
    13Implied PPP conversion rate : These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas, Purchasing Power Parity Based Weights for the World Economic Outlook, in Staff Studies for the World Economic Outlook (Washington: IMF, December 1993), pp. 106-23. See notes for: Gross domestic product, current prices (National currency).
    16Inflation, average consumer prices : Data for inflation are averages for the year, not end-of-period data. Source: Haver Analytics Latest actual data: 2009 Harmonized prices: No Frequency of source data: Monthly Base year: 2008 Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    17Inflation, average consumer prices : See notes for: Inflation, average consumer prices (Index).
    18Inflation, end of period consumer prices : Data for inflation are end of the period, not annual average data. Source: Haver Analytics Latest actual data: 2009 Harmonized prices: No Frequency of source data: Monthly Base year: 2008 Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    19Inflation, end of period consumer prices : See notes for: Inflation, end of period consumer prices (Index).
    21Unemployment rate : Source: Haver Analytics Latest actual data: 2009 Employment type: National definition. Seasonally adjusted. Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    22Employment : Source: Haver Analytics Latest actual data: 2009 Employment type: National definition. Seasonally adjusted. Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    23Population : Source: IFS - International Finance Statistics Latest actual data: 2009 Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    24Govt revenue : 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). Note: 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. Source: Ministry of Finance Latest actual data: 2008 Fiscal assumptions: Historical data are based on Government Finance Statistics (GFS) submitted by the Ministry of Finance. The historical data, together with the announced and planned fiscal budgets by the authorities form the basis for staff medium-term fiscal projections. The projections will incorporate the staff projection on macroeconomic framework, and are consistent (in methodology) with those projections by the authorities. Staff projections are regularly updated and revised. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Quasi-accrual basis. General government includes: Central Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    25Govt revenue : 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). Note: 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. See notes for: General government revenue (National currency).
    26Govt total expenditure : Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. Source: Ministry of Finance Latest actual data: 2008 Fiscal assumptions: Historical data are based on Government Finance Statistics (GFS) submitted by the Ministry of Finance. The historical data, together with the announced and planned fiscal budgets by the authorities form the basis for staff medium-term fiscal projections. The projections will incorporate the staff projection on macroeconomic framework, and are consistent (in methodology) with those projections by the authorities. Staff projections are regularly updated and revised. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Quasi-accrual basis. General government includes: Central Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    27Govt total expenditure : Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. See notes for: General government total expenditure (National currency).
    28Govt net lending/borrowing : Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2008 Fiscal assumptions: Historical data are based on Government Finance Statistics (GFS) submitted by the Ministry of Finance. The historical data, together with the announced and planned fiscal budgets by the authorities form the basis for staff medium-term fiscal projections. The projections will incorporate the staff projection on macroeconomic framework, and are consistent (in methodology) with those projections by the authorities. Staff projections are regularly updated and revised. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Quasi-accrual basis. General government includes: Central Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    29Govt net lending/borrowing : Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities. See notes for: General government net lending/borrowing (National currency).
    32Govt primary net lending/borrowing : Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue). Source: Ministry of Finance Latest actual data: 2008 Fiscal assumptions: Historical data are based on Government Finance Statistics (GFS) submitted by the Ministry of Finance. The historical data, together with the announced and planned fiscal budgets by the authorities form the basis for staff medium-term fiscal projections. The projections will incorporate the staff projection on macroeconomic framework, and are consistent (in methodology) with those projections by the authorities. Staff projections are regularly updated and revised. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Quasi-accrual basis. General government includes: Central Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    33Govt primary net lending/borrowing : Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue). See notes for: General government primary net lending/borrowing (National currency).
    34Govt net debt : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.receivable. Source: Ministry of Finance Latest actual data: 2008 Fiscal assumptions: Historical data are based on Government Finance Statistics (GFS) submitted by the Ministry of Finance. The historical data, together with the announced and planned fiscal budgets by the authorities form the basis for staff medium-term fiscal projections. The projections will incorporate the staff projection on macroeconomic framework, and are consistent (in methodology) with those projections by the authorities. Staff projections are regularly updated and revised. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Quasi-accrual basis. General government includes: Central Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    35Govt net debt : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. See notes for: General government net debt (National currency).
    36Govt gross debt : Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110). Source: Ministry of Finance Latest actual data: 2008 Fiscal assumptions: Historical data are based on Government Finance Statistics (GFS) submitted by the Ministry of Finance. The historical data, together with the announced and planned fiscal budgets by the authorities form the basis for staff medium-term fiscal projections. The projections will incorporate the staff projection on macroeconomic framework, and are consistent (in methodology) with those projections by the authorities. Staff projections are regularly updated and revised. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Quasi-accrual basis. General government includes: Central Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    37Govt gross debt : Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110). See notes for: General government gross debt (National currency).
    38GDP corresponding to fiscal year, current prices : Gross domestic product corresponding to fiscal year is the country?s GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country?s GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices. Source: Ministry of Finance Latest actual data: 2008 Fiscal assumptions: Historical data are based on Government Finance Statistics (GFS) submitted by the Ministry of Finance. The historical data, together with the announced and planned fiscal budgets by the authorities form the basis for staff medium-term fiscal projections. The projections will incorporate the staff projection on macroeconomic framework, and are consistent (in methodology) with those projections by the authorities. Staff projections are regularly updated and revised. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Quasi-accrual basis. General government includes: Central Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    39Current account balance : Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries. Source: Haver Analytics Latest actual data: 2009 Primary domestic currency: Israeli new sheqalim Data last updated: 09/2010
    40Current account balance : See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).