Jerusalem, 27 January, 2026 (TPS-IL) — The public debt-to-GDP ratio in Israel for 2025 increased by 0.9% and amounted to 68.6%, compared to 67.7% in 2024. The government debt-to-GDP ratio increased by 1.0% and amounted to 67.3%, compared to 66.3% in 2024. This is according to a first estimate of the debt-to-GDP ratio for 2025 published by the Accountant General of the Ministry of Finance, Yahli Rotenberg.
The debt-to-GDP ratio is a key indicator of the financial strength of the State of Israel and is important in determining its credit rating. The final estimate of the debt-to-GDP ratio will be published in the annual report of the Debt Unit in the Accountant General’s Department.
In 2025, total gross debt raising was approximately 207 billion Shekels ($66 billion), and was carried out through the three debt raising channels: tradable domestic debt (85% of raising), non-tradable domestic debt (3% of raising), and external debt (12% of raising). The tradable domestic channel presented high and stable demand throughout the year, and the average coverage ratio was 4.5, compared to 4.2 last year.