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 April 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.