Skip to content

Economy of Israel vs Vatican compared: GDP & Debt

Updated on by Georank team

Israel has a GDP of $540B compared to $19.8M for the Vatican, ranking 29/197 and 197/197 by economy size, respectively.

Israel vs Vatican GDP by year

Israel
Vatican
1x
Year GDP, current $
Israel Vatican
2024 $540,379,921,262 -
2023 $512,184,638,999 -
2022 $525,181,008,026 -
2021 $489,851,549,972 -
2020 $410,768,352,658 -
2019 $400,645,216,359 -
2018 $376,299,083,108 -
2017 $358,451,839,053 -
2016 $321,940,971,558 -
2015 $303,469,434,072 -
2014 $315,017,088,117 -
2013 $298,478,070,673 -
2012 $263,589,172,712 -
2011 $268,094,998,225 -
2010 $239,679,036,634 -
2009 $213,403,181,853 -
2008 $221,231,658,863 -
2007 $184,681,214,673 -
2006 $158,900,547,825 -
2005 $147,519,922,009 -
2004 $140,047,984,605 -
2003 $131,408,914,824 -
2002 $125,332,331,884 -
2001 $135,002,039,613 -
2000 $136,512,300,542 -
1999 $121,417,185,062 -
1998 $120,547,409,279 -
1997 $119,459,826,347 -
1996 $115,116,595,545 -
1995 $105,497,418,059 -
1994 $90,740,103,829 -
1993 $79,855,877,174 -
1992 $79,457,685,757 -
1991 $70,998,755,007 -
1990 $62,016,729,541 -
1989 $52,443,479,454 -
1988 $52,650,948,910 -
1987 $43,049,543,635 -
1986 $35,834,154,874 -
1985 $28,905,736,367 -
1984 $30,645,607,293 -
1983 $32,675,755,462 -
1982 $29,255,285,401 -
1981 $26,882,009,819 -
1980 $25,395,256,478 -
1979 $22,609,741,060 -
1978 $17,701,286,907 -
1977 $18,257,113,904 -
1976 $15,956,349,550 -
1975 $16,141,767,373 -
1974 $17,172,607,138 -
1973 $11,902,574,259 -
1972 $9,222,557,539 -
1971 $7,052,544,000 -
1970 $7,406,712,876 -
1969 $6,297,852,761 -
1968 $5,458,427,928 -
1967 $4,762,386,783 -
1966 $4,703,300,098 -
1965 $4,329,084,429 -
1964 $4,024,344,853 -
1963 $3,535,949,089 -
1962 $2,966,154,031 -
1961 $3,708,586,471 -
1960 $3,070,585,807 -

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

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

Economic indicators

Israel Vatican
Gross domestic product
$540B
2024
$19.8M
2025
GDP rank
29/197
2024
197/197
2025
GDP growth
0.87%
2023-2024
n/a
GDP per capita
$54,177
2024
$19,800
2025
GDP per capita rank
21/197
2024
59/197
2025
GDP per capita, PPP
$57,236
2024
$39,191
2025
GDP per capita PPP rank
36/197
2024
59/197
2025
Government debt
$366B
2024
n/a
Debt-to-GDP ratio
67.6%
2024
n/a
Government debt per person
$36,645
2024
n/a
Government debt per person rank
18/185
2024
n/a
Average annual personal income after taxes
$43,003
2026
$18,169
2026
Market capitalization of domestic companies
$331B
2024
n/a
Number of millionaires
179,905
2025
n/a
Number of billionaires
41
2025
n/a
Income share by richest 10%
26.6%
2021
n/a
Income share by poorest 10%
2%
2021
n/a
Government expenditure, % of GDP
43.8%
2024
n/a
Consumer prices inflation
3.07%
2023-2024
n/a
Central bank interest rate
4.5%
2024
n/a
Unemployment rate
2.9%
2024
n/a
Population
10290887
936

Balance of trade

Israel Vatican
Current account balance
$15.5B
2024
n/a
Current account balance ranking
21/190
2024
n/a
Current account balance, % of GDP
+2.86%
2024
n/a
Goods imports
$96.3B
2024
n/a
Goods exports
$70B
2024
n/a
Service imports
$44.4B
2024
n/a
Service exports
$83.7B
2024
n/a
Imports of goods and services, % of GDP
26%
2024
n/a
Exports of goods and services, % of GDP
28.4%
2024
n/a

Economic freedom indices

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

Israel Vatican
Economic freedom 68.4 65
Economic freedom ranking 47/197 69/197
Property rights 73.1 n/a
Government integrity 66.2 n/a
Judicial effectiveness 68.1 n/a
Tax burden 60.2 n/a
Government spending 52 n/a
Fiscal health 60.8 n/a
Business freedom 72.4 n/a
Labor freedom 56.8 n/a
Monetary freedom 78.2 n/a
Trade freedom 82.8 n/a
Investment freedom 70 n/a
Financial freedom 80 n/a

Other economic metrics

Israel Vatican
Services, % of GDP
72.5%
2024
n/a
Industry, % of GDP
17.3%
2024
n/a
Agriculture, forestry, and fishing, % of GDP
1.28%
2024
n/a
GNI, Atlas method
$528B
2024
n/a
GNI per capita, PPP
$56,790
2024
n/a
Total reserves including gold
$215B
2024
n/a
Total reserves ranking
18/177
2024
n/a
Net foreign direct investment
-$4.86B
2024
n/a
Net inflows of foreign direct investment
$14.8B
2024
n/a
Net outflows of foreign direct investment
$9.92B
2024
n/a
Poverty at national poverty lines
22%
2020
n/a
Gross capital formation, % of GDP
23.4%
2024
n/a

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/vatican | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
  5. Central Intelligence Agency (CIA) (2019–2025, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.