Israel lashed out at US President Barack Obama over a UN Security Council resolution passed Friday demanding it halt settlements in Palestinian territory, while vowing it would not abide by it.

"Israel rejects this shameful anti-Israel resolution at the UN and will not abide by its terms," a statement from Prime Minister Benjamin Netanyahu's office said.

"The Obama administration not only failed to protect Israel against this gang-up at the UN, it colluded with it behind the scenes," it said.

"Israel looks forward to working with President-elect Trump and with all our friends in Congress, Republicans and Democrats alike, to negate the harmful effects of this absurd resolution."