Israel: Annual Tax Revenue Trends (2000-2021) in Local Currency Units (ILS)

Created at

2024-08-19 07:17

Category

Economics

# **Tax revenue (current LCU)** The indicator **"Tax revenue (current LCU)"** refers to the **total amount of revenue collected by the government from taxes**, measured in the **local currency units (LCU)** of the country. This includes all types of taxes, such as: - **Income taxes** - **Corporate taxes** - **Value-added taxes (VAT)** - **Excise taxes** - **Customs duties** - **Other taxes** **Tax revenue** is a key component of a country's overall revenue and is crucial for **funding government operations**, **public services**, **infrastructure projects**, and **social programs**. The chart shows **Israel's** tax revenue over **21 years, from 2000 to 2021**, providing insight into the country's **tax revenue trends** during this period, expressed in **Israeli New Shekels (ILS)**.

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