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Economy of Israel vs Tunisia compared: GDP & Debt

Updated on by Georank team

Israel has a GDP of $540B compared to $51.3B for Tunisia, ranking 29/197 and 93/197 by economy size, respectively.

Israel has $366B in government debt (67.6% of GDP), compared to $42.8B (83.4% of GDP) in Tunisia.

Israel vs Tunisia GDP by year

Israel
Tunisia
1x
Year GDP, current $
Israel Tunisia
2024 $540,379,921,262 $51,332,285,657
2023 $512,184,638,999 $48,205,328,303
2022 $525,181,008,026 $44,929,920,093
2021 $489,851,549,972 $47,073,234,359
2020 $410,768,352,658 $42,491,780,918
2019 $400,645,216,359 $41,905,642,419
2018 $376,299,083,108 $42,686,504,460
2017 $358,451,839,053 $42,163,530,591
2016 $321,940,971,558 $44,360,072,680
2015 $303,469,434,072 $45,779,494,042
2014 $315,017,088,117 $50,271,812,921
2013 $298,478,070,673 $48,685,446,414
2012 $263,589,172,712 $47,311,401,813
2011 $268,094,998,225 $48,123,325,825
2010 $239,679,036,634 $46,206,091,938
2009 $213,403,181,853 $43,455,740,497
2008 $221,231,658,863 $44,859,439,902
2007 $184,681,214,673 $38,915,353,867
2006 $158,900,547,825 $34,376,664,601
2005 $147,519,922,009 $32,272,186,695
2004 $140,047,984,605 $31,183,885,241
2003 $131,408,914,824 $27,453,902,261
2002 $125,332,331,884 $23,141,616,605
2001 $135,002,039,613 $22,065,832,449
2000 $136,512,300,542 $21,473,528,161
1999 $121,417,185,062 $22,943,202,175
1998 $120,547,409,279 $21,802,893,587
1997 $119,459,826,347 $20,746,210,354
1996 $115,116,595,545 $19,587,161,807
1995 $105,497,418,059 $18,030,876,599
1994 $90,740,103,829 $15,633,174,304
1993 $79,855,877,174 $14,608,335,608
1992 $79,457,685,757 $15,496,708,060
1991 $70,998,755,007 $13,074,782,609
1990 $62,016,729,541 $12,290,568,182
1989 $52,443,479,454 $10,101,851,745
1988 $52,650,948,910 $10,096,245,762
1987 $43,049,543,635 $9,696,715,911
1986 $35,834,154,874 $9,017,806,654
1985 $28,905,736,367 $8,410,226,053
1984 $30,645,607,293 $8,254,541,195
1983 $32,675,755,462 $8,350,582,748
1982 $29,255,285,401 $8,133,580,052
1981 $26,882,009,819 $8,428,445,294
1980 $25,395,256,478 $8,744,134,354
1979 $22,609,741,060 $7,188,863,904
1978 $17,701,286,907 $5,968,460,080
1977 $18,257,113,904 $5,109,324,009
1976 $15,956,349,550 $4,508,191,942
1975 $16,141,767,373 $4,328,965,588
1974 $17,172,607,138 $3,545,868,575
1973 $11,902,574,259 $2,730,813,385
1972 $9,222,557,539 $2,237,556,149
1971 $7,052,544,000 $1,685,162,272
1970 $7,406,712,876 $1,439,238,095
1969 $6,297,852,761 $1,289,904,762
1968 $5,458,427,928 $1,214,666,667
1967 $4,762,386,783 $1,085,714,286
1966 $4,703,300,098 $1,040,952,381
1965 $4,329,084,429 $991,047,619
1964 $4,024,344,853 $1,025,866,792
1963 $3,535,949,089 $1,026,737,600
1962 $2,966,154,031 $880,027,733
1961 $3,708,586,471 $866,155,429
1960 $3,070,585,807 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Israel vs Tunisia by year

Israel
GDP per capita

GDP per capita, PPP
Tunisia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Israel Tunisia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $54,177 $57,236 $4,181 $14,521
2023 $52,004 $55,171 $3,951 $14,041
2022 $54,950 $53,619 $3,707 $13,619
2021 $52,271 $46,162 $3,907 $12,444
2020 $44,576 $40,955 $3,549 $11,918
2019 $44,251 $41,325 $3,529 $12,495
2018 $42,363 $40,190 $3,628 $11,841
2017 $41,138 $39,471 $3,619 $11,289
2016 $37,672 $38,189 $3,848 $10,994
2015 $36,213 $35,871 $4,015 $10,783
2014 $38,343 $34,816 $4,459 $10,947
2013 $37,034 $34,827 $4,370 $10,672
2012 $33,321 $32,484 $4,297 $10,615
2011 $34,523 $31,314 $4,421 $10,436
2010 $31,439 $29,456 $4,292 $10,555
2009 $28,508 $28,087 $4,080 $10,237
2008 $30,269 $28,084 $4,255 $9,975
2007 $25,721 $28,307 $3,727 $9,479
2006 $22,527 $26,385 $3,323 $8,729
2005 $21,287 $25,701 $3,147 $8,117
2004 $20,568 $26,078 $3,067 $7,672
2003 $19,643 $24,702 $2,726 $7,098
2002 $19,076 $26,101 $2,321 $6,715
2001 $20,966 $25,806 $2,236 $6,593
2000 $21,707 $25,766 $2,199 $6,279
1999 $19,823 $23,415 $2,376 $5,930
1998 $20,189 $22,927 $2,285 $5,579
1997 $20,469 $22,279 $2,202 $5,333
1996 $20,224 $21,672 $2,107 $5,040
1995 $19,026 $20,642 $1,968 $4,686
1994 $16,807 $19,478 $1,733 $4,555
1993 $15,179 $18,218 $1,649 $4,401
1992 $15,510 $17,553 $1,785 $4,292
1991 $14,346 $16,486 $1,538 $3,975
1990 $13,308 $15,721 $1,476 $3,780
1989 $11,608 - $1,239 -
1988 $11,853 - $1,266 -
1987 $9,853 - $1,245 -
1986 $8,335 - $1,187 -
1985 $6,829 - $1,135 -
1984 $7,369 - $1,143 -
1983 $7,960 - $1,184 -
1982 $7,258 - $1,177 -
1981 $6,795 - $1,247 -
1980 $6,549 - $1,324 -
1979 $5,972 - $1,113 -
1978 $4,797 - $946 -
1977 $5,053 - $830 -
1976 $4,516 - $752 -
1975 $4,672 - $741 -
1974 $5,085 - $624 -
1973 $3,631 - $493 -
1972 $2,930 - $415 -
1971 $2,298 - $320 -
1970 $2,490 - $280.5 -
1969 $2,189 - $257.7 -
1968 $1,947 - $248.9 -
1967 $1,735 - $228 -
1966 $1,789 - $223.8 -
1965 $1,689 - $217.3 -
1964 $1,626 - $228.5 -
1963 $1,486 - $231.9 -
1962 $1,294 - $201.4 -
1961 $1,697 - $200.7 -
1960 $1,452 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Israel's GDP per capita is $54,177, ranking 21/197, compared to $4,181 in Tunisia, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Israel ranks 36th at $57,236, while Tunisia ranks 114th at $14,521.

Economic indicators

Israel Tunisia
Gross domestic product
$540B
2024
$51.3B
2024
GDP rank
29/197
2024
93/197
2024
GDP growth
0.87%
2023-2024
1.61%
2023-2024
GDP per capita
$54,177
2024
$4,181
2024
GDP per capita rank
21/197
2024
129/197
2024
GDP per capita, PPP
$57,236
2024
$14,521
2024
GDP per capita PPP rank
36/197
2024
114/197
2024
Government debt
$366B
2024
$42.8B
2024
Debt-to-GDP ratio
67.6%
2024
83.4%
2024
Government debt per person
$36,645
2024
$3,487
2024
Government debt per person rank
18/185
2024
94/185
2024
Average annual personal income after taxes
$43,003
2026
$3,951
2026
Market capitalization of domestic companies
$331B
2024
$8.3B
2024
Number of millionaires
179,905
2025
n/a
Number of billionaires
41
2025
n/a
Income share by richest 10%
26.6%
2021
27%
2021
Income share by poorest 10%
2%
2021
3.1%
2021
Government expenditure, % of GDP
43.8%
2024
33.8%
2024
Consumer prices inflation
3.07%
2023-2024
7%
2023-2024
Central bank interest rate
4.5%
2024
7.5%
2025
Unemployment rate
2.9%
2024
15.1%
2023
Population
10290887
12437803

Spending and national debt comparison by year

Israel
Spending

Debt
Tunisia
Spending

Debt
1x
Year % of GDP
Israel Tunisia
Government spending Government debt Government spending Government debt
2024 43.8% 67.6% 33.8% 83.4%
2023 39.3% 61.3% 35.7% 84%
2022 36.9% 60.3% 36.5% 83%
2021 40% 67.7% 33.2% 79.7%
2020 44.8% 71.1% 34.5% 77.7%
2019 38.7% 59.3% 29.5% 67.3%
2018 39.2% 60.1% 28.7% 72.9%
2017 38.3% 59.8% 28.7% 67.1%
2016 37.9% 61.7% 27.2% 58.9%
2015 37.6% 62.8% 27.4% 52.4%
2014 38.3% 64.9% 27.7% 50.7%
2013 39.7% 66% 30.8% 45.6%
2012 39.6% 66.9% 28.3% 49%
2011 39.3% 67.2% 27.9% 43.3%
2010 39.7% 69% 24% 38.8%
2009 41.4% 72.6% 24.6% 40.3%
2008 41.2% 70.2% 23.7% 41.4%
2007 40.2% 70.8% 23.3% 42.7%
2006 41.6% 77.7% 22.9% 45.7%
2005 42.3% 85.2% 23% 50%
2004 43% 88.3% 23% 51.6%
2003 45.4% 89.7% 23.5% 52.6%
2002 50% 87.2% 24.1% 51.6%
2001 46.1% 81.1% 24% 52.2%
2000 43.4% 77.2% 24% 62.9%
1999 53.6% 94.8% 24% 61.9%
1998 55% 101% 24.2% 58.2%
1997 52.6% 99.3% 24.5% 66.6%
1996 53.2% 100.3% 26.7% 66.8%
1995 52.8% 102.3% 26.6% 65.6%
1994 41.7% 110.2% 25.9% 63.9%
1993 42.2% 118.3% 26.7% 63.8%
1992 44.1% 119.6% 25.7% 62.1%
1991 34.4% 123.7% 27.6% 63.3%
1990 46.8% 138.3% - -
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 (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Israel's government spending was $237B, accounting for 43.8% of its GDP, while Tunisia spent $17.4B, or 33.8% of GDP.

Debt-to-GDP ratio is 67.6% in Israel and 83.4% in Tunisia, ranking 62/185 and 40/185, respectively.

Government deficit by year

Deficit/surplus
Israel

Tunisia
1x
Year Deficit/surplus, % of GDP
Israel Tunisia
2024 -8.26% -5.92%
2023 -5.06% -7.03%
2022 0.32% -6.91%
2021 -3.37% -7.6%
2020 -10.7% -9.06%
2019 -3.79% -3.6%
2018 -3.56% -4.27%
2017 -1.13% -5.61%
2016 -1.79% -5.87%
2015 -1.21% -4.95%
2014 -2.29% -3.11%
2013 -4.06% -7.05%
2012 -4.46% -4.9%
2011 -3.43% -3.19%
2010 -3.72% -0.46%
2009 -6.53% -2.59%
2008 -3.5% -0.62%
2007 -0.43% -2.47%
2006 -0.95% -2.33%
2005 -2.74% -2.59%
2004 -3.4% -2.1%
2003 -5.03% -2.64%
2002 -8.22% -2.55%
2001 -4.06% -2.87%
2000 -0.8% -3.22%
1999 -6.26% -3.05%
1998 -7.99% -2.84%
1997 -4.84% -3.7%
1996 -5.97% -5.18%
1995 -4.28% -4.53%
1994 -5.62% -2.87%
1993 -5.62% -3.22%
1992 -8% -3.45%
1991 -7.04% -5.25%
1990 -9.67% -
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 (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20).

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

In 2024, Israel's government deficit, the difference between spending and revenue, was $44.6B, equivalent to 8.26% of GDP. This compares to Tunisia's deficit of $3.04B, or 5.92% of GDP.

Over the past 34 years, Israel recorded a fiscal deficit in 33 of those years, while Tunisia ran a deficit in 34 years. On average, Israel posted an annual deficit equal to 4.35% of GDP, compared to deficit of 4.05% of GDP for Tunisia.

Inflation comparison by year

Inflation
Israel

Tunisia
1x
Year Consumer prices inflation
Israel Tunisia
2024 3.07% 7%
2023 4.23% 9.3%
2022 4.41% 8.3%
2021 1.48% 5.7%
2020 -0.58% 5.6%
2019 0.82% 6.7%
2018 0.81% 7.3%
2017 0.25% 5.3%
2016 -0.54% 3.6%
2015 -0.62% 4.4%
2014 0.47% 4.6%
2013 1.59% 5.3%
2012 1.68% 4.6%
2011 3.49% 3.2%
2010 2.7% 4.4%
2009 3.37% 3.5%
2008 4.53% 4.9%
2007 0.47% 3.4%
2006 2.05% 4.1%
2005 1.34% 2%
2004 -0.42% 3.7%
2003 0.71% 2.7%
2002 5.8% 2.7%
2001 1.12% 1.9%
2000 1.03% 2.8%
1999 5.19% 2.8%
1998 5.49% 3.1%
1997 8.95% 3.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Israel has recorded an average annual inflation rate of 2.25%, compared with 4.52% in Tunisia. In 2024, inflation was 3.07% in Israel and 7% in Tunisia.

Top exports between countries

Israel
Export category Export value
Raw materials & minerals $321K
Wood & paper products $5K
Textiles & consumer goods $4K
Tunisia
Export category Export value

Balance of trade

Israel Tunisia
Current account balance
$15.5B
2024
-$775M
2024
Current account balance ranking
21/190
2024
117/190
2024
Current account balance, % of GDP
+2.86%
2024
-1.51%
2024
Goods imports
$96.3B
2024
$18.7B
2024
Goods exports
$70B
2024
$8.95B
2024
Service imports
$44.4B
2024
$3.92B
2024
Service exports
$83.7B
2024
$11.2B
2024
Imports of goods and services, % of GDP
26%
2024
56.3%
2024
Exports of goods and services, % of GDP
28.4%
2024
50%
2024

Economic freedom indices

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

Israel Tunisia
Economic freedom 68.4 48.1
Economic freedom ranking 47/197 172/197
Property rights 73.1 55.7
Government integrity 66.2 42.1
Judicial effectiveness 68.1 39.7
Tax burden 60.2 68.5
Government spending 52 62.5
Fiscal health 60.8 16
Business freedom 72.4 59.4
Labor freedom 56.8 55.8
Monetary freedom 78.2 72.4
Trade freedom 82.8 54.6
Investment freedom 70 20
Financial freedom 80 30

Economic freedom comparison by year

Israel
Tunisia
1x
Year Economic freedom index
Israel Tunisia
2026 68.4 48.1
2025 69.9 49.1
2024 70.1 48.8
2023 68.9 52.9
2022 68 54.2
2021 73.8 56.6
2020 74 55.8
2019 72.8 55.4
2018 72.2 58.9
2017 69.7 55.7
2016 70.7 57.6
2015 70.5 57.7
2014 68.4 57.3
2013 66.9 57
2012 67.8 58.6
2011 68.5 58.5
2010 67.7 58.9
2009 67.6 58
2008 66.3 60.1
2007 64.8 60.3
2006 64.4 57.5
2005 62.6 55.4
2004 61.4 58.4
2003 62.7 58.1
2002 66.9 60.2
2001 66.1 60.8
2000 65.5 61.3
1999 68.3 61.1
1998 68 63.9
1997 62.7 63.8
1996 62 63.9
1995 61.5 63.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Israel is 68.4, ranking 47/197, compared to 48.1 for Tunisia, ranking 172/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Israel Tunisia
Services, % of GDP
72.5%
2024
62.6%
2024
Industry, % of GDP
17.3%
2024
22.6%
2024
Agriculture, forestry, and fishing, % of GDP
1.28%
2024
9.74%
2024
GNI, Atlas method
$528B
2024
$47.7B
2024
GNI per capita, PPP
$56,790
2024
$14,230
2024
Total reserves including gold
$215B
2024
$9.34B
2024
Total reserves ranking
18/177
2024
80/177
2024
Net foreign direct investment
-$4.86B
2024
-$725M
2024
Net inflows of foreign direct investment
$14.8B
2024
$760M
2024
Net outflows of foreign direct investment
$9.92B
2024
$34.6M
2024
Servicing debt to the IMF, % of GNI n/a
10.9%
2024
Poverty at national poverty lines
22%
2020
16.6%
2021
Gross capital formation, % of GDP
23.4%
2024
7.86%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2022, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

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.