2015 Drop in debt-to-GDP Ratio a Boost for Israeli Economy

The ratio of public debt to GDP dropped by 1.8% in 2015, to 64.9%, down from 66.7% at the end of 2014. The ratio of government debt to GDP decreased 2.1%, from 65.5% at the end of 2014 to 63.4% as of the end of last year.

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Israel’s debt-to-GDP ratio decreased in 2015, in what Finance Minister Moshe Kahlon called a coup for the country’s economy.