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
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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 -1897.00 -5171.00 6084.00 -21522.00 ILS Million [+]
Government Spending 75909.20 74125.20 75909.20 41090.20 ILS Million [+]
Government Revenues 30247.00 25930.00 36740.00 4061.00 ILS Million [+]
Fiscal Expenditure 32100.00 30772.00 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 October 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 94555.00 Jun/19
Australia 91328.00 Jun/19
Brazil 111045.15 Aug/19
Canada 424534.00 Jun/19
China 220906.00 Dec/18
Euro Area 553.63 Jun/19
France 136971.00 Jun/19
Germany 163.06 Jun/19
India 4218.93 Jun/19
Indonesia 209394.41 Jun/19
Italy 78508.00 Jun/19
Japan 109084.50 Jun/19
Mexico 2168414.00 Jun/19
Netherlands 45100.00 Jun/19
Russia 4043.50 Jun/19
Saudi Arabia 173041.00 Jun/19
Singapore 12496.60 Jun/19
South Africa 651189.00 Jun/19
South Korea 75743.40 Jun/19
Spain 58422.00 Jun/19
Switzerland 19989.06 Jun/19
Turkey 62009834.30 Jun/19
United Kingdom 99449.00 Jun/19
United States 3293.82 Jun/19


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