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.

Israel Government Spending
Forecast Data Chart
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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 -781.00 -14087.00 6084.00 -21522.00 ILS Million [+]
Government Spending 74609.20 74175.10 74609.20 40726.30 ILS Million [+]
Government Revenues 30219.00 31085.00 36740.00 4061.00 ILS Million [+]
Fiscal Expenditure 30893.00 44813.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
74609.20 74175.10 74609.20 40726.30 1995 - 2018 ILS Million Quarterly
Constant Prices, SA

Country Last Previous
Argentina 95670.00 Sep/18
Australia 87057.00 Sep/18
Brazil 148423.72 Dec/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136541.00 Dec/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 283404.39 Dec/18
Italy 78350.00 Sep/18
Japan 107931.50 Dec/18
Mexico 2120744.19 Sep/18
Netherlands 44795.00 Dec/18
Russia 3930.20 Sep/18
Saudi Arabia 156928.00 Sep/18
Singapore 10699.80 Dec/18
South Africa 643704.00 Sep/18
South Korea 62355.80 Dec/18
Spain 56676.00 Dec/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92768.00 Dec/18
United States 3192.01 Sep/18