Government Spending in Israel increased to 73884.80 ILS Million in the first quarter of 2019 from 73672.40 ILS Million in the fourth quarter of 2018. Government Spending in Israel averaged 53786.55 ILS Million from 1995 until 2019, reaching an all time high of 73884.80 ILS Million in the first quarter of 2019 and a record low of 40726.30 ILS Million in the first quarter of 1996.

Government Spending in Israel is expected to be 74557.46 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 -980.00 -4867.00 6084.00 -21522.00 ILS Million [+]
Government Spending 73884.80 73672.40 73884.80 40726.30 ILS Million [+]
Government Revenues 29863.00 28076.00 36740.00 4061.00 ILS Million [+]
Fiscal Expenditure 30843.00 32869.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
73884.80 73672.40 73884.80 40726.30 1995 - 2019 ILS Million Quarterly
Constant Prices, SA




Country Last Previous
Argentina 100173.00 Dec/18
Australia 90142.00 Mar/19
Brazil 118159.12 Apr/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
Euro Area 546.04 Mar/19
France 136607.00 Mar/19
Germany 143.22 Mar/19
India 3686.66 Mar/19
Indonesia 153652.73 Mar/19
Italy 78566.20 Mar/19
Japan 107734.40 Mar/19
Mexico 2193603.00 Dec/18
Netherlands 45186.00 Mar/19
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 12422.70 Mar/19
South Africa 645563.00 Mar/19
South Korea 74118.60 Mar/19
Spain 56820.00 Mar/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 94208.00 Mar/19
United States 3208.09 Mar/19


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