Expense in Israel
Israel: Expense was 703.20 billion current LCU in 2023. ◆ Volatile
Latest (2023)
703.20 billion current LCU
Change on year
up 13.1%
World rank
67th
of 157 countries
All-time high
703.20 billion current LCU
in 2023
All-time low
1.40 million current LCU
in 1972
Years of data
52
1972–2023
Expense in Israel, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Israel stood at 703.20 billion current LCU. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 13.1% on the previous year and up 80.4% over ten years.
Over the whole period, expense in Israel peaked at 703.20 billion current LCU in 2023 and was at its lowest, 1.40 million current LCU, in 1972.
Israel ranks 67th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Israel, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 1.40 million current LCU | — |
| 1973 | 2.50 million current LCU | +78.6% |
| 1974 | 3.50 million current LCU | +40.0% |
| 1975 | 5.20 million current LCU | +48.6% |
| 1976 | 7.20 million current LCU | +38.5% |
| 1977 | 10.70 million current LCU | +48.6% |
| 1978 | 15.90 million current LCU | +48.6% |
| 1979 | 33.60 million current LCU | +111.3% |
| 1980 | 80.40 million current LCU | +139.3% |
| 1981 | 197.20 million current LCU | +145.3% |
| 1982 | 438.20 million current LCU | +122.2% |
| 1983 | 1.36 billion current LCU | +211.2% |
| 1984 | 6.77 billion current LCU | +396.2% |
| 1985 | 19.70 billion current LCU | +191.2% |
| 1986 | 26.53 billion current LCU | +34.7% |
| 1987 | 32.24 billion current LCU | +21.5% |
| 1988 | 34.70 billion current LCU | +7.6% |
| 1989 | 42.20 billion current LCU | +21.6% |
| 1990 | 52.71 billion current LCU | +24.9% |
| 1991 | 48.98 billion current LCU | -7.1% |
| 1992 | 76.28 billion current LCU | +55.7% |
| 1993 | 84.43 billion current LCU | +10.7% |
| 1994 | 99.96 billion current LCU | +18.4% |
| 1995 | 122.66 billion current LCU | +22.7% |
| 1996 | 146.27 billion current LCU | +19.3% |
| 1997 | 162.04 billion current LCU | +10.8% |
| 1998 | 179.24 billion current LCU | +10.6% |
| 1999 | 194.23 billion current LCU | +8.4% |
| 2000 | 223.99 billion current LCU | +15.3% |
| 2001 | 240.49 billion current LCU | +7.4% |
| 2002 | 271.65 billion current LCU | +13.0% |
| 2003 | 247.56 billion current LCU | -8.9% |
| 2004 | 251.56 billion current LCU | +1.6% |
| 2005 | 260.12 billion current LCU | +3.4% |
| 2006 | 271.40 billion current LCU | +4.3% |
| 2007 | 280.02 billion current LCU | +3.2% |
| 2008 | 297.64 billion current LCU | +6.3% |
| 2009 | 318.22 billion current LCU | +6.9% |
| 2010 | 327.66 billion current LCU | +3.0% |
| 2011 | 346.37 billion current LCU | +5.7% |
| 2012 | 368.44 billion current LCU | +6.4% |
| 2013 | 389.76 billion current LCU | +5.8% |
| 2014 | 393.06 billion current LCU | +0.8% |
| 2015 | 406.44 billion current LCU | +3.4% |
| 2016 | 426.29 billion current LCU | +4.9% |
| 2017 | 458.62 billion current LCU | +7.6% |
| 2018 | 483.96 billion current LCU | +5.5% |
| 2019 | 503.42 billion current LCU | +4.0% |
| 2020 | 591.02 billion current LCU | +17.4% |
| 2021 | 604.30 billion current LCU | +2.2% |
| 2022 | 621.88 billion current LCU | +2.9% |
| 2023 | 703.20 billion current LCU | +13.1% |
Israel compared with similar countries
- Israel's 703.20 billion current LCU is above the median for high income countries, which is 134.42 billion current LCU, 5.2× the median. (57 countries reporting)
- Israel's 703.20 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 393.78 billion current LCU, 1.8× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Expense in Israel changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +396.2% | 1.36 billion current LCU | 6.77 billion current LCU |
| 1983 | +211.2% | 438.20 million current LCU | 1.36 billion current LCU |
| 1985 | +191.2% | 6.77 billion current LCU | 19.70 billion current LCU |
| 1981 | +145.3% | 80.40 million current LCU | 197.20 million current LCU |
| 1980 | +139.3% | 33.60 million current LCU | 80.40 million current LCU |
| 1982 | +122.2% | 197.20 million current LCU | 438.20 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.00 million current LCU | 1.40 million current LCU | 33.60 million current LCU | 8 |
| 1980s | 16.42 billion current LCU | 80.40 million current LCU | 42.20 billion current LCU | 10 |
| 1990s | 116.68 billion current LCU | 48.98 billion current LCU | 194.23 billion current LCU | 10 |
| 2000s | 266.26 billion current LCU | 223.99 billion current LCU | 318.22 billion current LCU | 10 |
| 2010s | 410.40 billion current LCU | 327.66 billion current LCU | 503.42 billion current LCU | 10 |
| 2020s | 630.10 billion current LCU | 591.02 billion current LCU | 703.20 billion current LCU | 4 |
Countries ranked near Israel
More public sector data for Israel
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- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
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Frequently asked questions
- What is expense in Israel?
- Expense in Israel was 703.20 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Israel?
- The highest recorded value was 703.20 billion current LCU in 2023.
- What is the lowest expense recorded in Israel?
- The lowest recorded value was 1.40 million current LCU in 1972.
- How does Israel rank for expense?
- Israel ranks 67th out of 157 countries with data for 2023.
- Is expense rising or falling in Israel?
- Over the last ten years it is up 80.4%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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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.