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Economy of Israel vs Qatar compared: GDP & Debt

Updated on by Georank

Israel has a GDP of $611B compared to $216B for Qatar, ranking 27/197 and 56/197 by economy size, respectively.

Israel has $418B in government debt (68.5% of GDP), compared to $89.2B (41.4% of GDP) in Qatar.

Israel vs Qatar GDP by year

Israel
Qatar
1x
Year GDP, current $
Israel Qatar
2025 $610,777,842,874 $215,559,615,385
2024 $542,284,494,491 $216,294,505,495
2023 $513,393,395,492 $213,002,809,341
2022 $525,157,951,213 $235,709,325,714
2021 $489,735,019,666 $179,732,009,560
2020 $410,908,899,711 $144,411,363,352
2019 $399,207,771,082 $176,371,267,692
2018 $375,470,422,244 $183,334,953,819
2017 $357,360,816,857 $161,099,122,225
2016 $321,083,954,798 $151,732,181,868
2015 $302,841,190,258 $161,739,955,577
2014 $314,376,760,832 $206,224,598,571
2013 $298,045,324,736 $198,727,642,967
2012 $263,172,104,091 $186,833,502,363
2011 $267,739,352,609 $167,775,274,725
2010 $239,372,857,534 $125,122,252,747
2009 $213,112,649,594 $97,798,351,648
2008 $220,952,472,408 $115,269,780,220
2007 $184,448,882,452 $79,711,813,187
2006 $158,706,516,002 $60,882,142,857
2005 $147,346,035,831 $44,530,494,505
2004 $139,925,423,025 $31,734,065,934
2003 $131,278,887,815 $23,533,791,209
2002 $125,215,963,105 $19,363,736,264
2001 $134,889,159,474 $17,538,461,538
2000 $136,409,902,632 $17,759,890,110
1999 $121,329,240,042 $12,393,131,868
1998 $120,468,659,246 $10,255,494,505
1997 $119,389,303,067 $11,297,802,198
1996 $115,051,957,577 $9,059,340,659
1995 $105,432,315,611 $8,137,912,088
1994 $90,684,108,118 $7,374,450,549
1993 $79,806,598,120 $7,156,593,407
1992 $79,408,652,426 $7,646,153,846
1991 $70,954,941,681 $6,883,516,484
1990 $61,978,459,022 $7,360,439,560
1989 $52,411,116,588 $6,487,912,088
1988 $52,618,458,014 $6,038,186,813
1987 $43,022,977,765 $5,446,428,571
1986 $35,812,041,620 $5,053,021,978
1985 $28,887,898,639 $6,153,296,703
1984 $30,626,695,891 $6,870,329,670
1983 $32,655,591,256 $6,484,890,110
1982 $29,237,231,967 $7,611,263,736
1981 $26,865,420,933 $8,672,527,473
1980 $25,379,585,067 $7,837,915,956
1979 $22,595,788,591 $5,632,962,997
1978 $17,690,363,444 $4,052,000,413
1977 $18,245,847,441 $3,617,564,638
1976 $15,946,502,888 $3,284,273,987
1975 $16,131,806,290 $2,512,773,166
1974 $17,162,009,924 $2,401,403,227
1973 $11,895,229,181 $793,885,560
1972 $9,216,866,299 $510,262,500
1971 $7,048,191,876 $387,703,106
1970 $7,402,142,195 $301,791,302
1969 $6,293,966,357 -
1968 $5,455,059,532 -
1967 $4,759,447,914 -
1966 $4,700,397,692 -
1965 $4,326,412,951 -
1964 $4,021,861,430 -
1963 $3,533,767,055 -
1962 $2,964,323,618 -
1961 $3,706,297,903 -
1960 $3,068,690,949 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/israel/qatar | CC BY

GDP per capita in Israel vs Qatar by year

Israel
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Israel Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $60,337 - $72,525 -
2024 $54,217 $57,236 $75,685 $126,046
2023 $52,126 $55,171 $80,196 $129,368
2022 $54,947 $53,619 $88,701 $122,921
2021 $52,258 $46,162 $71,752 $116,833
2020 $44,591 $40,955 $51,684 $82,149
2019 $44,092 $41,325 $66,841 $107,503
2018 $42,269 $40,190 $71,040 $110,033
2017 $41,013 $39,471 $63,280 $99,358
2016 $37,571 $38,189 $61,254 $89,935
2015 $36,138 $35,871 $68,985 $102,546
2014 $38,265 $34,816 $95,841 $148,389
2013 $36,981 $34,827 $103,697 $169,203
2012 $33,269 $32,484 $108,470 $180,939
2011 $34,477 $31,314 $103,262 $174,620
2010 $31,399 $29,456 $77,387 $151,646
2009 $28,470 $28,087 $60,786 $125,898
2008 $30,231 $28,084 $80,781 $126,015
2007 $25,689 $28,307 $65,954 $124,056
2006 $22,500 $26,385 $62,582 $127,181
2005 $21,262 $25,701 $53,950 $115,250
2004 $20,550 $26,078 $41,036 $110,958
2003 $19,624 $24,702 $31,602 $94,120
2002 $19,059 $26,101 $27,227 $93,177
2001 $20,949 $25,806 $25,871 $89,805
2000 $21,690 $25,766 $27,535 $88,849
1999 $19,809 $23,415 $20,234 $84,690
1998 $20,176 $22,927 $17,665 $84,486
1997 $20,457 $22,279 $20,523 $79,219
1996 $20,213 $21,672 $17,125 $62,331
1995 $19,014 $20,642 $15,823 $60,321
1994 $16,796 $19,478 $14,765 $59,415
1993 $15,169 $18,218 $14,770 $59,125
1992 $15,500 $17,553 $16,280 $60,387
1991 $14,337 $16,486 $15,133 $54,759
1990 $13,300 $15,721 $16,722 $55,659
1989 $11,601 - $15,243 -
1988 $11,846 - $14,682 -
1987 $9,847 - $13,719 -
1986 $8,330 - $13,213 -
1985 $6,824 - $16,815 -
1984 $7,364 - $19,749 -
1983 $7,955 - $19,669 -
1982 $7,253 - $24,431 -
1981 $6,791 - $29,543 -
1980 $6,545 - $28,407 -
1979 $5,968 - $21,777 -
1978 $4,794 - $16,757 -
1977 $5,050 - $16,058 -
1976 $4,514 - $15,710 -
1975 $4,669 - $13,014 -
1974 $5,082 - $13,540 -
1973 $3,629 - $4,905 -
1972 $2,928 - $3,483 -
1971 $2,297 - $2,952 -
1970 $2,489 - $2,594 -
1969 $2,188 - - -
1968 $1,946 - - -
1967 $1,734 - - -
1966 $1,788 - - -
1965 $1,688 - - -
1964 $1,625 - - -
1963 $1,485 - - -
1962 $1,293 - - -
1961 $1,696 - - -
1960 $1,452 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/israel/qatar | CC BY

Israel's GDP per capita is $60,337, ranking 19/197, compared to $72,525 in Qatar, ranking 13/197. Adjusted for purchasing power (GDP per capita PPP), Israel ranks 36th at $57,236, while Qatar ranks 5th at $126,046.

Economic indicators

Israel Qatar
Gross domestic product
$611B
2025
$216B
2025
GDP rank
27/197
2025
56/197
2025
GDP growth
2.93%
2024-2025
2.9%
2024-2025
GDP per capita
$60,337
2025
$72,525
2025
GDP per capita rank
19/197
2025
13/197
2025
GDP per capita, PPP
$57,236
2024
$126,046
2024
GDP per capita PPP rank
36/197
2024
5/197
2024
Government debt
$418B
2025
$89.2B
2025
Debt-to-GDP ratio
68.5%
2025
41.4%
2025
Government debt per person
$41,338
2025
$30,009
2025
Government debt per person rank
16/185
2025
24/185
2025
Average annual personal income after taxes
$48,251
2026
$37,042
2026
Market capitalization of domestic companies
$331B
2024
$177B
2025
Number of millionaires
195,000
2026
30,000
2026
Number of billionaires
42
2026
2
2026
Income share by richest 10%
27%
2022
25.8%
2017
Income share by poorest 10%
1.8%
2022
2.6%
2017
Government expenditure, % of GDP
43.6%
2025
27.1%
2025
Consumer prices inflation
3.04%
2024-2025
0.6%
2024-2025
Central bank interest rate
3.75%
2026
4.1%
2025
Unemployment rate
3%
2025
0.1%
2024
Population
10334048
3058826

Spending and national debt comparison by year

Israel
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Israel Qatar
Government spending Government debt Government spending Government debt
2025 43.6% 68.5% 27.1% 41.4%
2024 43.7% 67.7% 26% 41.3%
2023 39.6% 61.3% 26.7% 42.8%
2022 36.9% 60.3% 24.3% 42.6%
2021 40.1% 67.7% 29.4% 58.4%
2020 44.8% 71.1% 34.7% 72.6%
2019 38.7% 59.3% 32.5% 62.1%
2018 39.2% 60.1% 28.9% 52.2%
2017 38.4% 59.8% 34.7% 51.6%
2016 37.9% 61.7% 40.1% 46.7%
2015 37.6% 62.8% 38.6% 35.5%
2014 38.3% 65.8% 32.3% 24.9%
2013 39.7% 66% 28.3% 30.9%
2012 39.6% 66.9% 31% 32.1%
2011 39.3% 67.2% 28.5% 33.5%
2010 39.7% 69% 32% 30.4%
2009 41.4% 72.6% 36.4% 36%
2008 41.2% 70.2% 23.5% 11.4%
2007 40.2% 70.8% 29.5% 9.37%
2006 41.6% 77.7% 29.5% 13.9%
2005 42.3% 85.2% 29% 19.1%
2004 43% 88.3% 29.9% 30.1%
2003 45.4% 89.7% 28.5% 38.8%
2002 50% 87.2% 31.6% 47.7%
2001 46.1% 81.1% 32.1% 59.2%
2000 43.4% 77.2% 29.8% 51.6%
1999 53.6% 94.8% 42.4% 81.8%
1998 55% 101% 55.1% 76.6%
1997 52.6% 99.3% 47.6% 54.4%
1996 53.2% 100.3% 55.2% 57.8%
1995 52.8% 102.3% 52.2% 50.2%
1994 41.7% 110.2% 59.8% 54.8%
1993 42.2% 118.3% 62.8% 46.3%
1992 44.1% 119.6% 54.2% 19.9%
1991 34.4% 123.7% 57.5% 21.8%
1990 46.8% 138.3% 50% 12.6%
1989 47.5% 147.4% - -
1988 46.5% 145.4% - -
1987 52.8% 143.2% - -
1986 55.7% 162.5% - -
1985 65.2% 199% - -
1984 - 284% - -
1983 - 260.5% - -
1982 69.7% - - -
1981 71.8% - - -
1980 69.4% 154.3% - -
1979 70.1% 155.5% - -
1978 62.2% 133.6% - -
1977 69.1% 142% - -
1976 66.3% 97.4% - -
1975 62% 85.1% - -
1974 - 79.8% - -
1973 - 62.1% - -
1972 - 63.9% - -
1971 - - - -
1970 41.6% - - -
1969 41.1% - - -
1968 39.4% - - -
1967 33.9% - - -
1966 29.6% - - -
1965 27.8% - - -
1964 28.2% - - -
1963 26.9% - - -
1962 27.7% - - -
1961 30.3% - - -
1960 30.4% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

GeoRank.org/economy/israel/qatar | CC BY

In 2025, Israel's government spending was $266B, accounting for 43.6% of its GDP, while Qatar spent $58.4B, or 27.1% of GDP.

Debt-to-GDP ratio is 68.5% in Israel and 41.4% in Qatar, ranking 60/185 and 127/185, respectively.

Government deficit by year

Deficit/surplus
Israel

Qatar
1x
Year Deficit/surplus, % of GDP
Israel Qatar
2025 -5.22% -1%
2024 -8.07% 0.71%
2023 -5.38% 5.51%
2022 0.3% 10.4%
2021 -3.37% 0.24%
2020 -10.6% -2.13%
2019 -3.79% 1%
2018 -3.58% 2.26%
2017 -1.17% -6.82%
2016 -1.78% -9.2%
2015 -1.2% 18.4%
2014 -2.28% 13.4%
2013 -4.07% 19.3%
2012 -4.46% 8.55%
2011 -3.43% 5.24%
2010 -3.72% 4.6%
2009 -6.53% 14.1%
2008 -3.49% 9.49%
2007 -0.43% 10.3%
2006 -0.94% 8.39%
2005 -2.74% 9.8%
2004 -3.4% 17.7%
2003 -5.03% 6.71%
2002 -8.21% 7.89%
2001 -4.06% 4.48%
2000 -0.8% 4.62%
1999 -6.26% -4.35%
1998 -7.99% -7%
1997 -4.84% -9.4%
1996 -5.97% -8.73%
1995 -4.28% -5.78%
1994 -5.62% -11.8%
1993 -5.62% -9.53%
1992 -8% -2.74%
1991 -7.04% -2.57%
1990 -9.67% 3.23%
1989 -9.03% -
1988 -7.57% -
1987 -7.47% -
1986 -7.51% -
1985 -14.2% -
1984 - -
1983 - -
1982 -13.8% -
1981 -23.5% -
1980 -19.6% -
1979 -16.7% -
1978 -14.7% -
1977 -20.3% -
1976 -19.4% -
1975 -19.6% -
1974 - -
1973 - -
1972 - -
1971 - -
1970 -16% -
1969 -15.3% -
1968 -11.7% -
1967 -7.68% -
1966 -4.35% -
1965 -2.72% -
1964 -3.65% -
1963 -4.41% -
1962 -4.09% -
1961 -5.86% -
1960 -6.62% -
1959 -7.23% -
1958 -8.31% -
1957 -7.17% -
1956 -9.3% -
1955 -4.3% -
1954 -7.84% -
1953 -8.32% -
1952 -7.19% -
1951 -8.13% -
1950 -10.7% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08).

GeoRank.org/economy/israel/qatar | CC BY

In 2025, Israel's government deficit, the difference between spending and revenue, was $31.9B, equivalent to 5.22% of GDP. This compares to Qatar's deficit of $2.16B, or 1% of GDP.

Over the past 36 years, Israel recorded a fiscal deficit in 35 of those years, while Qatar ran a deficit in 13 years. On average, Israel posted an annual deficit equal to 4.52% of GDP, compared to surplus of 2.92% of GDP for Qatar.

Inflation comparison by year

Inflation
Israel

Qatar
1x
Year Consumer prices inflation
Israel Qatar
2025 3.04% 0.6%
2024 3.07% 1.2%
2023 4.23% 3.1%
2022 4.41% 5%
2021 1.48% 2.3%
2020 -0.58% -2.5%
2019 0.82% -0.9%
2018 0.81% 0.1%
2017 0.25% 0.6%
2016 -0.54% 2.7%
2015 -0.62% 0.9%
2014 0.47% 4.2%
2013 1.59% 3.1%
2012 1.68% 1.8%
2011 3.49% 2%
2010 2.7% -2.4%
2009 3.37% -4.9%
2008 4.53% 15.1%
2007 0.47% 13.7%
2006 2.05% 11.7%
2005 1.34% 9%
2004 -0.42% 6.8%
2003 0.71% 2.3%
2002 5.8% 0.2%
2001 1.12% 1.7%
2000 1.03% 1.6%
1999 5.19% 2.2%
1998 5.49% 2.9%
1997 8.95% 2.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/israel/qatar | CC BY

Over the past 29 years, Israel has recorded an average annual inflation rate of 2.27%, compared with 2.99% in Qatar. In 2025, inflation was 3.04% in Israel and 0.6% in Qatar.

Balance of trade

Israel Qatar
Current account balance
$8.53B
2025
$31.9B
2025
Current account balance ranking
26/190
2025
17/190
2025
Current account balance, % of GDP
+1.4%
2025
+14.8%
2025
Goods imports
$102B
2025
$34.3B
2025
Goods exports
$76.2B
2025
$90B
2025
Service imports
$53.2B
2025
$31.3B
2025
Service exports
$92.4B
2025
$24.4B
2025
Imports of goods and services, % of GDP
25.4%
2025
31.6%
2022
Exports of goods and services, % of GDP
27.6%
2025
68.6%
2022

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Israel Qatar
Economic freedom 68.4 70.2
Economic freedom ranking 47/197 37/197
Property rights 73.1 66.2
Government integrity 66.2 53.5
Judicial effectiveness 68.1 41.5
Tax burden 60.2 99.9
Government spending 52 79.9
Fiscal health 60.8 96.6
Business freedom 72.4 68
Labor freedom 56.8 58.5
Monetary freedom 78.2 76
Trade freedom 82.8 81.8
Investment freedom 70 60
Financial freedom 80 60

Economic freedom comparison by year

Israel
Qatar
1x
Year Economic freedom index
Israel Qatar
2026 68.4 70.2
2025 69.9 70.2
2024 70.1 68.8
2023 68.9 68.6
2022 68 67.7
2021 73.8 72
2020 74 72.3
2019 72.8 72.6
2018 72.2 72.6
2017 69.7 73.1
2016 70.7 70.7
2015 70.5 70.8
2014 68.4 71.2
2013 66.9 71.3
2012 67.8 71.3
2011 68.5 70.5
2010 67.7 69
2009 67.6 65.8
2008 66.3 62.2
2007 64.8 62.9
2006 64.4 62.4
2005 62.6 63.5
2004 61.4 66.5
2003 62.7 65.9
2002 66.9 61.9
2001 66.1 60
2000 65.5 62
1999 68.3 62
1998 68 -
1997 62.7 -
1996 62 -
1995 61.5 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/israel/qatar | CC BY

The Economic Freedom Index for Israel is 68.4, ranking 47/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Israel Qatar
Services, % of GDP
72.8%
2024
47%
2025
Industry, % of GDP
17.2%
2024
57%
2025
Agriculture, forestry, and fishing, % of GDP
1.29%
2024
0.31%
2025
GNI, Atlas method
$569B
2025
$221B
2025
GNI per capita, PPP
$58,870
2025
$126,290
2025
Total reserves including gold
$229B
2025
$55.8B
2025
Total reserves ranking
18/177
2025
45/177
2025
Net foreign direct investment
-$11.8B
2025
$311M
2025
Net inflows of foreign direct investment
$14.8B
2024
$460M
2024
Net outflows of foreign direct investment
$9.92B
2024
$1.56B
2024
Poverty at national poverty lines
22%
2020
n/a
Gross capital formation, % of GDP
24.3%
2025
30.6%
2022

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/israel/qatar | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.