Military Expenditure in Israel increased to 15690 USD Million in 2018 from 15582 USD Million in 2017.

Military Expenditure in Israel averaged 11057.64 USD Million from 1952 until 2018, reaching an all time high of 18267 USD Million in 1991 and a record low of 358 USD Million in 1953. Israel Military Expenditure - values, historical data and charts - was last updated on May of 2020. source: SIPRI

Military Expenditure in Israel is expected to reach 14072.66 USD Million by the end of 2020, 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 2021 and 13864.02 USD Million in 2022, according to our econometric models.

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Israel Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
15690.00 15582.00 18267.00 358.00 1952 - 2018 USD Million Yearly
constant 2016 prices

Israel Government Last Previous Highest Lowest Unit
Government Debt to GDP 60.00 60.90 96.00 60.00 percent [+]
Government Budget -3.70 -1.90 2.70 -16.10 percent of GDP [+]
Government Budget Value -14929.00 -15944.00 6084.00 -21522.00 ILS Million [+]
Government Spending 74925.80 76992.80 76992.80 41090.20 ILS Million [+]
Government Revenues 22083.00 23114.00 36740.00 4061.00 ILS Million [+]
Fiscal Expenditure 36878.00 39071.00 46563.00 5010.60 ILS Million [+]
Credit Rating 81.00 [+]
Military Expenditure 15690.00 15582.00 18267.00 358.00 USD Million [+]
Government Spending To GDP 40.30 39.50 51.67 39.50 percent [+]