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
Annual government expenditure by function (COFOG) — Gross capital in Israel, 1995–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
- 14 Romania 105,180 National currency compare
- 15 United Kingdom of Great Britain and Northern Ireland 92,572 National currency compare
- 16 Denmark 91,294 National currency compare
- 18 Italy 79,675 National currency compare
- 19 Spain 43,037 National currency compare
- 20 Switzerland 26,411 National currency compare
More public sector data for Israel
- Arms imports 211.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 21.1 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -75.55 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 211.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 4,650 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0858 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 69.12 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 46.51 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 39,880 SIPRI trend indicator values per square kilometre (2023)
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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About this data
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