Military expenditure in Israel
Israel: Military expenditure was 46.51 billion current USD in 2024. ◆ Volatile
Military expenditure in Israel, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Israel stood at 46.51 billion current USD. That is the highest value across all 65 years on record.
The figure is up 69.1% on the previous year and up 162.2% over ten years.
Over the whole period, military expenditure in Israel peaked at 46.51 billion current USD in 2024 and was at its lowest, 190.28 million current USD, in 1960.
Israel ranks 12th of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 403.75 million current USD | 190.28 million current USD | 872.00 million current USD | 10 |
| 1970s | 2.71 billion current USD | 1.26 billion current USD | 3.76 billion current USD | 10 |
| 1980s | 4.88 billion current USD | 4.00 billion current USD | 7.00 billion current USD | 10 |
| 1990s | 7.95 billion current USD | 6.53 billion current USD | 9.34 billion current USD | 10 |
| 2000s | 9.78 billion current USD | 7.98 billion current USD | 13.80 billion current USD | 10 |
| 2010s | 17.10 billion current USD | 13.88 billion current USD | 20.34 billion current USD | 10 |
| 2020s | 28.71 billion current USD | 21.82 billion current USD | 46.51 billion current USD | 5 |
Countries ranked near Israel
More public sector data for Israel
- Arms imports 211.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.2% (2024)
- Taxes on income, profits and capital gains 35.1% (2024)
- Taxes on goods and services 31.9% (2024)
- Net investment in nonfinancial assets 3.0% (2024)
- Net lending (+) / net borrowing (-) -8.2% (2024)
- Interest payments 9.4% (2024)
- Grants and other revenue 13.8% (2024)
- Interest payments 7.7% (2023)
- Other taxes 3.0% (2024)
Frequently asked questions
- What is military expenditure in Israel?
- Military expenditure in Israel was 46.51 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Israel?
- The highest recorded value was 46.51 billion current USD in 2024.
- What is the lowest military expenditure recorded in Israel?
- The lowest recorded value was 190.28 million current USD in 1960.
- How does Israel rank for military expenditure?
- Israel ranks 12th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Israel?
- Over the last ten years it is up 162.2%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)