Finance Ministry: Deficit over past 12 months - 3.3% of GDP

The Finance Ministry published the state revenue report for October 2026: the deficit over the past 12 months stood at 3.3% of GDP. The monthly deficit was 18.3 billion shekels, compared to 15.2 billion shekels in October last year. State revenues in October – 46.2 billion shekels; expenditures – 64.5 billion shekels.

The Finance Ministry published today (Monday) the state revenue report for October 2026, which shows that the deficit over the past 12 months stood at 3.3% of GDP. The monthly deficit was approximately 18.3 billion shekels, compared to 15.2 billion shekels in October last year. The cumulative deficit increased by about 0.1 percentage points. State revenues in October stood at approximately 46.2 billion shekels, and since the beginning of the year totaled approximately 503.3 billion shekels – an increase of about 10% compared to the same period. Government expenditures in October stood at approximately 64.5 billion shekels, and since the beginning of the year approximately 551.1 billion shekels – an increase of 4.2%. The sharpest increase in expenditures was in the defense system – 9.9% more than in the same period, compared to 2.7% planned in the budget. State tax revenues in October amounted to 44 billion shekels, with a real increase of 8% since the beginning of the year.