Military Expenditure in Israel increased to 20102 USD Million in 2019 from 19759 USD Million in 2018. source: SIPRI

Military Expenditure in Israel averaged 10800.32 USD Million from 1952 until 2019, reaching an all time high of 20102 USD Million in 2019 and a record low of 364 USD Million in 1953. Israel Military Expenditure - values, historical data and charts - was last updated on March of 2021.

Military Expenditure in Israel is expected to reach 14072.66 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Military Expenditure is projected to trend around 13662.68 USD Million in 2022 and 13864.02 USD Million in 2023, according to our econometric models.

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Israel Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
20102.00 19759.00 20102.00 364.00 1952 - 2019 USD Million Yearly
constant 2018 prices

Israel Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.90 60.90 284.00 59.90 percent [+]
Government Budget -11.70 -3.70 2.70 -16.10 percent of GDP [+]
Government Budget Value -10881.00 -125.00 6084.00 -22850.00 ILS Million [+]
Government Spending 82559.40 77924.10 82559.40 41086.80 ILS Million [+]
Government Revenues 27988.00 34629.00 36740.00 4061.00 ILS Million [+]
Fiscal Expenditure 38818.00 34682.00 55228.00 5010.60 ILS Million [+]
Credit Rating 81.00 [+]
Military Expenditure 20102.00 19759.00 20102.00 364.00 USD Million [+]
Government Spending To GDP 39.70 40.20 80.10 28.10 percent [+]