Expense in Israel
Israel: Expense was 703.20 billion current LCU in 2023. ◆ Volatile
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.
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
- 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 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.