Israel’s fiscal deficit for the 12 months till the top of October 2026 was 3.3% of GDP, Ministry of Finance Accountant Basic Michal Abadi-Boiangiu reported at present.
The month-to-month deficit was about NIS 18.3 billion, in contrast with a deficit of about NIS 15.2 billion in October 2025. The cumulative deficit over the past 12 months rose 0.1% from 3.2% on the finish of September.
State revenues for October have been NIS 46.2 billion. Because the starting of the 12 months, revenues have amounted to NIS 503.3 billion, in contrast with NIS 457.6 billion throughout corresponding interval final 12 months – up 10%.
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Authorities spending in October stood was NIS 64.5 billion. Because the starting of the 12 months, spending has totaled about NIS 551.1 billion, in contrast with NIS 529.1 billion through the corresponding interval final 12 months up 4.2%.
The deficit for the final 12 months was NIS 74 billion. As soon as once more, the sharpest improve in spending this month occurred was by the Ministry of Protection – up 9.9% in contrast with the corresponding interval final 12 months, whereas the state finances had projected a rise of two.7%. In the meantime, the financial ministries underspent (at -2.8%), opposite to the projected 12% improve. State tax revenues in October have been NIS 44 billion. This determine consists of a number of funds that have been deferred from September because of the holidays.
One other notable distinction in contrast with October 2025 is that whereas 100% of buy tax income was allotted to the Compensation Fund in 2025, this 12 months the allocation stands at 25%. From January by way of October, state tax revenues rose 8% in actual phrases in contrast with the identical interval final 12 months. Revenues from direct taxes elevated by 11%, oblique tax revenues rose 4%, and income from charges rose 10%.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on November 9, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
