Australia vs Israel: Expense
Australia
644.60 billion current LCU
in 2022
Israel
703.20 billion current LCU
in 2023
Australia rank
68th
Israel rank
67th
Expense over time
- Australia
- Israel
How they compare
Israel currently reports 703.20 billion current LCU against 644.60 billion current LCU in Australia, a difference of 58.60 billion current LCU.
That makes Israel's figure about 1.1 times Australia's.
The two have swapped places 4 times across 51 shared years of data; in 1972 it was Australia ahead.
Australia ranks 68th and Israel ranks 67th of 157 countries.
Across the 6 decades both report, Australia averaged higher in 5 and Israel in 1.
Head to head by decade
| Decade | Australia | Israel | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 17.46 billion current LCU | 10.00 million current LCU | 17.45 billion current LCU | Australia |
| 1980s | 57.75 billion current LCU | 16.42 billion current LCU | 41.33 billion current LCU | Australia |
| 1990s | 118.23 billion current LCU | 116.68 billion current LCU | 1.55 billion current LCU | Australia |
| 2000s | 234.39 billion current LCU | 266.26 billion current LCU | 31.88 billion current LCU | Israel |
| 2010s | 427.00 billion current LCU | 410.40 billion current LCU | 16.59 billion current LCU | Australia |
| 2020s | 641.61 billion current LCU | 605.73 billion current LCU | 35.87 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Australia or Israel?
- Israel, at 703.20 billion current LCU against 644.60 billion current LCU in Australia as of 2023.
- What is the difference in expense between Australia and Israel?
- 58.60 billion current LCU, with Israel ahead.
- How many years of comparable data are there for Australia and Israel?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and Israel rank globally for expense?
- Australia ranks 68th and Israel ranks 67th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.