Government Spending in Israel increased to 97018.70 ILS Million in the fourth quarter of 2024 from 95255.80 ILS Million in the third quarter of 2024. Government Spending in Israel averaged 58676.93 ILS Million from 1995 until 2024, reaching an all time high of 97973.90 ILS Million in the fourth quarter of 2023 and a record low of 39524.90 ILS Million in the third quarter of 1995. source: Central Bureau of Statistics, Israel

Government Spending in Israel is expected to be 99053.00 ILS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Government Spending is projected to trend around 104726.00 ILS Million in 2026 and 109753.00 ILS Million in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 73.00 Mar 2025
Fiscal Expenditure 45716.00 40245.00 ILS Million Feb 2025
Government Budget to GDP -6.80 -4.20 percent of GDP Dec 2024
Budget Balance -6139.00 22851.00 ILS Million Feb 2025
Government Debt to GDP 69.00 61.30 percent of GDP Dec 2024
Government Revenues 39577.00 63096.00 ILS Million Feb 2025
Government Spending 97018.70 95255.80 ILS Million Dec 2024
Government Spending to GDP 41.50 39.10 percent of GDP Dec 2023
Holidays
Military Expenditure 27498.50 23406.10 USD Million Dec 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
97018.70 95255.80 97973.90 39524.90 1995 - 2024 ILS Million Quarterly
Constant Prices, SA