Government Spending in Israel increased to 74609.20 ILS Million in the fourth quarter of 2018 from 74175.10 ILS Million in the third quarter of 2018. Government Spending in Israel averaged 53588.88 ILS Million from 1995 until 2018, reaching an all time high of 74609.20 ILS Million in the fourth quarter of 2018 and a record low of 40726.30 ILS Million in the first quarter of 1996.
Government Spending in Israel is expected to be 75751.00 ILS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Israel to stand at 77126.00 in 12 months time. In the long-term, the Israel Government Spending is projected to trend around 82459.00 ILS Million in 2020, according to our econometric models.