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.

Israel Government Spending
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Israel Government Last Previous Highest Lowest Unit
Government Debt to GDP 60.90 62.30 96.00 60.90 percent [+]
Government Budget -2.15 -2.15 3.90 -19.00 percent of GDP [+]
Government Budget Value -3600.00 -4873.00 6084.00 -21522.00 ILS Million [+]
Government Spending 73817.80 73678.60 73817.80 40726.30 ILS Million [+]
Government Revenues 35090.00 24445.00 36740.00 4061.00 ILS Million [+]
Fiscal Expenditure 38599.00 29262.00 46114.00 5010.60 ILS Million [+]
Credit Rating 75.69 [+]
Military Expenditure 15500.80 14782.80 17063.70 336.40 USD Million [+]
Government Spending To GDP 39.55 39.77 51.67 39.55 percent [+]


Israel Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Israel Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Government Spending - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
73817.80 73678.60 73817.80 40726.30 1995 - 2018 ILS Million Quarterly
Constant Prices, SA




Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 103641.04 Feb/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
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Germany 143.97 Dec/18
India 3410.32 Dec/18
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Spain 56511.00 Dec/18
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 92768.00 Dec/18
United States 3188.70 Dec/18


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