Israel’s 12-Month Budget Deficit Holds at 3.2% of GDP in September

Israel’s rolling 12-month budget deficit remained at 3.2% of GDP in September, unchanged from August, according to figures disclosed Thursday by Accountant General Michal Abadi-Boiangiu at the Finance Ministry. The accumulated deficit stood at NIS 71.8 billion, compared with an approved 2026 target of 4.9% of GDP. September’s monthly deficit was NIS 10.1 billion, up from NIS 9.5 billion a year earlier. State revenue totaled about NIS 47 billion during the month, while government expenditure reached about NIS 57.1 billion. Revenue for January through September rose 10.4% year on year to NIS 457.1 billion, while expenditure increased 3.4% to NIS 486.6 billion.