Profits grew in almost every sector on the Tel Aviv Stock Exchange in 2024, largely fueled by government spending. The state significantly increased its spending, with a 30% jump in government expenditure compared to the previous year. The banks, insurance companies, and retail sector also benefitted from high interest rates, rises in capital markets, and increased purchasing power. However, the increased government spending has led to a fiscal deficit and national debt that will eventually need to be repaid. Concerns about the future include a decline in investment and exports, as well as the permanent nature of current government spending.