Government Spending in Israel increased to 73817.80 ILS Million in the fourth quarter of 2018 from 73678.60 ILS Million in the third quarter of 2018. Government Spending in Israel averaged 53577.67 ILS Million from 1995 until 2018, reaching an all time high of 73817.80 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 74557.46 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 76303.31 in 12 months time. In the long-term, the Israel Government Spending is projected to trend around 81501.09 ILS Million in 2020, according to our econometric models.