Military Expenditure in Israel increased to 21065 USD Million in 2020 from 20504 USD Million in 2019. source: SIPRI

Military Expenditure in Israel averaged 11119.90 USD Million from 1952 until 2020, reaching an all time high of 21065 USD Million in 2020 and a record low of 370 USD Million in 1953. Israel Military Expenditure - values, historical data and charts - was last updated on September 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.

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Israel Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
21065.00 20504.00 21065.00 370.00 1952 - 2020 USD Million Yearly
Constant 2019 prices

Israel Government Last Previous Highest Lowest Unit
Government Debt to GDP 71.10 58.50 284.00 58.50 percent of GDP [+]
Government Budget -11.70 -3.70 2.70 -16.10 percent of GDP [+]
Government Budget Value -1100.00 -800.00 6084.00 -22850.00 ILS Million [+]
Government Spending 78902.50 76841.10 82254.10 41086.80 ILS Million [+]
Government Revenues 38037.00 29214.00 38037.00 4061.00 ILS Million [+]
Fiscal Expenditure 38769.00 38055.00 55228.00 5010.60 ILS Million [+]
Credit Rating 81.00 [+]
Military Expenditure 21065.00 20504.00 21065.00 370.00 USD Million [+]
Government Spending To GDP 46.90 39.80 80.10 28.10 percent of GDP [+]