Israel
Country indicators
GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)
GDP per capita (USD):
33,817.42
Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)
Fossil fuel subsidies (USD, billions):
0.02
Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)
Fossil fuel subsidies (% of GDP):
0.01
Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)
Fossil fuel subsidies with externalities (% of GDP):
0.99
Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)
Revenue from environmentally related taxes (% of GDP):
2.629
Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)
Carbon Pricing Gap (%):
n/a
News
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2024-11-06
In its latest report, the OECD examines the economic tools available to governments for curbing environmentally harmful behaviors and promoting those that protect biodiversity. The aim of these “nature-based incentives”
Policies to Foster Green FDI: Best Practices for Emerging Market and Developing Economies
2024-11-06
Florence Jaumotte, Jaden Kim, Samuel Pienknagura, and Gregor Schwerhof from the International Monetary Fund provide insight into the challenge of raising green energy investments for emerging economies in order to
Destination Net Zero: The Urgent Need for a Global Carbon Tax on Aviation and Shipping
2024-10-25
Simon Black, Ian Parry, Sunalika Singh, and Nate Vernon-Lin from the International Monetary Fund discuss the strategies available within the aviation and shipping sectors toward a more sustainable economy with