Israel’s Balance of Payments 1st Quarter 2025: Net Surplus $5.7 Billion

Jerusalem, 25 June, 2025 (TPS-IL) — The current account surplus in the first quarter of 2025 (January-March), net of seasonal effects, amounted to $5.7 billion, compared to $4 billion in the previous quarter, reported Israel’s Central Bureau of Statistics. This $1.7 billion increase in the current account is the result of a $0.9 billion increase in the goods account, and increases of $0.8 and $0.3 billion in the primary income and secondary income accounts, respectively. This increase was slightly offset by a $0.3 billion decrease in the services account.

The deficit in the goods account – exports less imports – in the first quarter of 2025, net of seasonal effects, amounted to $6.9 billion.

The surplus in the services account in the first quarter of 2025, net of seasonal effects, amounted to $10.1 billion.

Services exports amounted to $22.2 billion, seasonally adjusted.

Business services exports amounted to $19.4 billion, seasonally adjusted.

High-tech services exports (excluding start-ups, original data) in the first quarter of 2025 amounted to $15.0 billion, approximately 79% of total business services exports.

Tourism services exports, after seasonally adjusted, amounted to $0.6 billion in the first quarter of 2025, compared to $0.5 billion in the previous quarter.

Seasonally adjusted tourism services imports totaled $2.4 billion, compared to $2.2 billion in the previous quarter.

Total seasonally adjusted services imports totaled $12.1 billion in the first quarter of 2025, similar to the previous quarter.