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April 22, 2015       Share:    

Source: http://www.jpost.com/Israel-News/Public-debt-drops-to-671-percent-of-GDP-well-below-OECD-average-398701

Israel's Debt Level Declines

(Jerusalem Post) Niv Elis - Israel's public debt-to-GDP ratio in 2014 dropped 0.5 percentage point to 67.1%, according to Finance Ministry data released Monday. In 2008, public debt stood at 81.9% of GDP. In the U.S., public debt stands at 105.6% of GDP. In the euro zone, the average is 107.7%. The average of all OECD countries in 2014 was 94%.

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