Government Spending in Israel increased to 75909.20 ILS Million in the second quarter of 2019 from 74125.20 ILS Million in the first quarter of 2019. Government Spending in Israel averaged 54172.70 ILS Million from 1995 until 2019, reaching an all time high of 75909.20 ILS Million in the second quarter of 2019 and a record low of 41090.20 ILS Million in the first quarter of 1996.

Government Spending in Israel is expected to be 76250.93 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 76303.31 in 12 months time. In the long-term, the Israel Government Spending is projected to trend around 81501.09 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 61.00 60.50 96.00 60.50 percent [+]
Government Budget -1.90 -1.90 2.70 -16.10 percent of GDP [+]
Government Budget Value -2000.00 -6800.00 6084.00 -21522.00 ILS Million [+]
Government Spending 75909.20 74125.20 75909.20 41090.20 ILS Million [+]
Government Revenues 31299.00 25127.00 36740.00 4061.00 ILS Million [+]
Fiscal Expenditure 33197.00 31988.00 46114.00 5010.60 ILS Million [+]
Credit Rating 75.69 [+]
Military Expenditure 15690.00 15582.00 18267.00 358.00 USD Million [+]
Government Spending To GDP 39.50 39.55 51.67 39.50 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
75909.20 74125.20 75909.20 41090.20 1995 - 2019 ILS Million Quarterly
Constant Prices, SA

Country Last Previous
Argentina 90795.00 Mar/19
Australia 90142.00 Mar/19
Brazil 104275.00 Jun/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
Euro Area 546.04 Mar/19
France 136911.00 Jun/19
Germany 143.22 Mar/19
India 3686.66 Mar/19
Indonesia 209394.41 Jun/19
Italy 78566.20 Mar/19
Japan 108825.60 Jun/19
Mexico 2143950.00 Mar/19
Netherlands 45100.00 Jun/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12496.60 Jun/19
South Africa 645563.00 Mar/19
South Korea 75957.40 Jun/19
Spain 57636.00 Jun/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 94259.00 Jun/19
United States 3297.90 Jun/19