Annual government expenditure by function (COFOG) — Gross capital in Israel

Israel: Annual government expenditure by function (COFOG) — Gross capital was 84,527 National currency in 2024. ▲ Rising

Latest (2024)
84,527 National currency
Change on year
up 34.7%
World rank
17th
of 28 countries
All-time high
84,527 National currency
in 2024
All-time low
16,576 National currency
in 1995
Years of data
30
1995–2024

Annual government expenditure by function (COFOG) — Gross capital in Israel, 1995–2024

20.0k40.0k60.0k80.0k1995200920241995: 16.6k National currency1996: 19.3k National currency1997: 22.7k National currency1998: 25.7k National currency1999: 25.3k National currency2000: 26.0k National currency2001: 30.2k National currency2002: 34.3k National currency2003: 33.9k National currency2004: 28.8k National currency2005: 30.3k National currency2006: 32.4k National currency2007: 33.2k National currency2008: 36.7k National currency2009: 35.9k National currency2010: 34.9k National currency2011: 38.8k National currency2012: 42.2k National currency2013: 46.4k National currency2014: 47.2k National currency2015: 46.5k National currency2016: 53.0k National currency2017: 46.4k National currency2018: 56.8k National currency2019: 58.9k National currency2020: 62.9k National currency2021: 44.2k National currency2022: 45.0k National currency2023: 62.7k National currency2024: 84.5k National currency

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

Israel recorded 84,527 National currency for annual government expenditure by function (cofog) — gross capital in 2024. That is the highest value across all 30 years on record.

The figure is up 34.7% on the previous year and up 79.1% over ten years.

Over the whole period, annual government expenditure by function (cofog) — gross capital in Israel peaked at 84,527 National currency in 2024 and was at its lowest, 16,576 National currency, in 1995.

That places Israel 17th out of 28 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Annual government expenditure by function (COFOG) — Gross capital in Israel, year by year

Annual values for Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets in Israel, 1995 to 2024.
Year National currency Change
1995 16,576 National currency
1996 19,331 National currency +16.6%
1997 22,666 National currency +17.2%
1998 25,674 National currency +13.3%
1999 25,308 National currency -1.4%
2000 25,955 National currency +2.6%
2001 30,247 National currency +16.5%
2002 34,336 National currency +13.5%
2003 33,865 National currency -1.4%
2004 28,820 National currency -14.9%
2005 30,309 National currency +5.2%
2006 32,384 National currency +6.8%
2007 33,226 National currency +2.6%
2008 36,690 National currency +10.4%
2009 35,929 National currency -2.1%
2010 34,852 National currency -3.0%
2011 38,758 National currency +11.2%
2012 42,223 National currency +8.9%
2013 46,400 National currency +9.9%
2014 47,195 National currency +1.7%
2015 46,529 National currency -1.4%
2016 53,004 National currency +13.9%
2017 46,351 National currency -12.6%
2018 56,792 National currency +22.5%
2019 58,916 National currency +3.7%
2020 62,892 National currency +6.7%
2021 44,161 National currency -29.8%
2022 45,047 National currency +2.0%
2023 62,748 National currency +39.3%
2024 84,527 National currency +34.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 21,911 National currency 16,576 National currency 25,674 National currency 5
2000s 32,176 National currency 25,955 National currency 36,690 National currency 10
2010s 47,102 National currency 34,852 National currency 58,916 National currency 10
2020s 59,875 National currency 44,161 National currency 84,527 National currency 5

Countries ranked near Israel

  1. 14 Romania 105,180 National currency compare
  2. 15 United Kingdom of Great Britain and Northern Ireland 92,572 National currency compare
  3. 16 Denmark 91,294 National currency compare
  4. 18 Italy 79,675 National currency compare
  5. 19 Spain 43,037 National currency compare
  6. 20 Switzerland 26,411 National currency compare

See the full ranking of 39 places →

More public sector data for Israel

All data for Israel →

Frequently asked questions

What is annual government expenditure by function (cofog) — gross capital in Israel?
Annual government expenditure by function (cofog) — gross capital in Israel was 84,527 National currency in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual government expenditure by function (cofog) — gross capital recorded in Israel?
The highest recorded value was 84,527 National currency in 2024.
What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Israel?
The lowest recorded value was 16,576 National currency in 1995.
How does Israel rank for annual government expenditure by function (cofog) — gross capital?
Israel ranks 17th out of 28 countries with data for 2024.
Is annual government expenditure by function (cofog) — gross capital rising or falling in Israel?
Over the last ten years it is up 79.1%. The long-run trend across the full record is rising.
Where does this Israel data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.

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Annual government expenditure by function (COFOG) — Gross capital in Israel. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 30 August 2026, from https://public-sector.statizoid.com/stat/annual-government-expenditure-by-function-cofog-gross-capital-formation-and-acquisitions/israel/

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About this data

Indicator
Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
39 places, 1,128 data points, 1970–2025
Last refreshed

This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org