Government Spending in Israel increased to 74373.90 ILS Million in the third quarter of 2018 from 72712.10 ILS Million in the second quarter of 2018. Government Spending in Israel averaged 53378.95 ILS Million from 1995 until 2018, reaching an all time high of 74373.90 ILS Million in the third quarter of 2018 and a record low of 40726.30 ILS Million in the first quarter of 1996.

Government Spending in Israel is expected to be 74259.00 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 75410.00 in 12 months time. In the long-term, the Israel Government Spending is projected to trend around 79625.00 ILS Million in 2020, according to our econometric models.

Israel Government Spending
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Israel Government Last Previous Highest Lowest Unit
Government Debt to GDP 60.90 62.30 96.00 60.90 percent [+]
Government Budget -2.15 -2.15 3.90 -19.00 percent of GDP [+]
Government Budget Value -100.00 -900.00 6084.00 -21522.00 ILS Million [+]
Government Spending 74373.90 72712.10 74373.90 40726.30 ILS Million [+]
Government Revenues 25912.00 32320.00 36740.00 4061.00 ILS Million [+]
Fiscal Expenditure 25928.00 33047.00 46114.00 5010.60 ILS Million [+]
Credit Rating 75.69 [+]
Military Expenditure 15500.80 14782.80 17063.70 336.40 USD Million [+]
Government Spending To GDP 39.55 39.77 51.67 39.55 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
74373.90 72712.10 74373.90 40726.30 1995 - 2018 ILS Million Quarterly
Constant Prices, SA




Country Last Previous
Argentina 97236.00 Jun/18
Australia 87057.00 Sep/18
Brazil 105318.73 Oct/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136130.00 Sep/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 205839.31 Sep/18
Italy 78350.00 Sep/18
Japan 107015.20 Sep/18
Mexico 2196413.00 Jun/18
Netherlands 44573.00 Sep/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 60505.20 Sep/18
Spain 56107.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92514.00 Sep/18
United States 3192.17 Sep/18


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