Government Spending in Israel decreased to 77286 ILS Million in the third quarter of 2021 from 78328.60 ILS Million in the second quarter of 2021. source: Central Bureau of Statistics, Israel

Government Spending in Israel averaged 56075.21 ILS Million from 1995 until 2021, reaching an all time high of 82254.10 ILS Million in the fourth quarter of 2020 and a record low of 41086.80 ILS Million in the first quarter of 1996. This page provides - Israel Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Government Spending - values, historical data and charts - was last updated on November of 2021.

Government Spending in Israel is expected to be 85380.00 ILS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Government Spending is projected to trend around 89051.00 ILS Million in 2022 and 91901.00 ILS Million in 2023, according to our econometric models.

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Israel Government Spending


Related Last Previous Unit Reference
Government Spending 77286.00 78328.60 ILS Million Sep/21
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.