Israel recorded a Government Budget deficit equal to 6.90 percent of the country's Gross Domestic Product in 2024. This dataset provides - Israel Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel's approved defense budget for 2025 has increased remarkably to almost *** billion Israeli shekels (approximately **** billion U.S. dollars), an ** percent increase relative to 2022. This substantial elevation in military expenditure mirrors Israel's sharpened focus on military readiness, a shift in national priorities prompted by the Israel-Hamas conflict that began in October 2023. However, there is a slight pullback in the defense allocation compared to the country's actual expenditure in 2024, which amounted to *** billion Israeli shekels (about **** billion U.S. dollars). This suggests that Israel's budget planners are anticipating less armed conflict in 2025. Conflict driving a surge in government spending The increase in military spending is part of a broader trend of elevated state expenditure due to the war in the Middle East. During the first quarter of 2024, government consumption in Israel reached over *** billion shekels (about ** billion U.S. dollars), marking a ** percent increase compared to the same period in 2023. This bump in public spending has been largely driven by defense, but also welfare and compensation payouts to those impacted by hostilities. Growing national debt The ramifications of increased military spending are evident in Israel's national debt figures. By the third quarter of 2024, general government debt had swelled to over *** trillion Israeli shekels (around *** billion U.S. dollars). This represented a 20 percent increase in just 12 months. The escalation in debt levels underscores the financial strain of sustaining heightened military expenditure, which reached *** percent of the country's gross domestic product in 2024.

In 2023, the government of Israel provided over 460 million U.S. dollars as official development assistance (ODA) to developing countries. This accounted for 0.23 percent of government expenditure that year. This marked a decrease of 10.8 percent in international aid compared to the previous year. During the observed period, Israeli ODA grew substantially.

Israel IL: GBARD: Current PPP data was reported at 2.646 USD bn in 2022. This records an increase from the previous number of 2.429 USD bn for 2021. Israel IL: GBARD: Current PPP data is updated yearly, averaging 1.287 USD bn from Dec 1993 (Median) to 2022, with 30 observations. The data reached an all-time high of 2.646 USD bn in 2022 and a record low of 658.280 USD mn in 1993. Israel IL: GBARD: Current PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MSTI: Government Budgets for Research and Development: OECD Member: Annual.

For Israel, defence R&D is excluded. Both the business enterprise and higher education surveys were improved in 2009, causing a break in series for the BERD financed by the rest of the world and by the Business Enterprise sector, as well as a break in 2007 for the HERD financed by the rest of the world and by the Higher Education sector. Since 2001, the government sector is covered by a survey; beforehand government R&D was estimated through financial reports and interviews of accountants. From 2000 onwards, hospitals were re-classified to the business sector from the government and PNP sectors.

Data for the higher education sector are partly based on universities’ financial reports. Before 2008, humanities and law are only partially covered in the higher education sector.

The 2009 BERD survey has given more options to businesses to break down the data by sources of funds. Using the results of the 2009 survey, BERD and GERD financed by Business Enterprises and by the rest of the world were revised back to 1993.

Military Expenditure in Israel increased to 46505.30 USD Million in 2024 from 27498.50 USD Million in 2023. Israel Military Expenditure - values, historical data, forecasts and news - updated on August of 2025.

In 2023, government spending on education in Israel reached almost *** billion Israeli shekels, some **** billion U.S. dollars. This was a relatively significant increase compared to the previous year. Between 2019 and 2020, national spending on education stagnated, likely due to the effects of the coronavirus pandemic. Despite the centrality of the education sector in Israel, worker dissatisfaction often led to strikes by teachers' organizations in an effort to improve wages and working conditions.  The importance of the education sector As of 2023, the education sector was the largest employer in the country. Almost ******* people worked in the education in Israel. Teachers in primary schools constitute the largest group of educators, nearing ******* working in elementary schools. Moreover, education is an important issue in the Israeli society, especially investment in secondary and higher education. According to projections, the total consumer spending on education will rise to over **** billion U.S. dollars in 2026.  Demand for improved terms of employment  There is a broad consensus regarding the importance of education in Israel. However, teachers' organizations in Israel have been protesting for several years about their terms of employment, and on wages in particular. As of December 2024, the average monthly salary in the education sector amounted to about ***** Israeli shekels, roughly ***** U.S. Within the education industry, universities paid the highest level of compensation to teachers, averaging about ****** Israeli shekels, some ***** U.S dollars during the 2021/22 academic year.

Israel IL: Civil GBARD: Current PPP: Space Programmes data was reported at 8.516 USD mn in 2022. This records a decrease from the previous number of 10.428 USD mn for 2021. Israel IL: Civil GBARD: Current PPP: Space Programmes data is updated yearly, averaging 2.088 USD mn from Dec 1993 (Median) to 2022, with 30 observations. The data reached an all-time high of 15.045 USD mn in 2016 and a record low of 0.000 USD mn in 1994. Israel IL: Civil GBARD: Current PPP: Space Programmes data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MSTI: Government Budgets for Research and Development: OECD Member: Annual.

For Israel, defence R&D is excluded. Both the business enterprise and higher education surveys were improved in 2009, causing a break in series for the BERD financed by the rest of the world and by the Business Enterprise sector, as well as a break in 2007 for the HERD financed by the rest of the world and by the Higher Education sector. Since 2001, the government sector is covered by a survey; beforehand government R&D was estimated through financial reports and interviews of accountants. From 2000 onwards, hospitals were re-classified to the business sector from the government and PNP sectors.

Data for the higher education sector are partly based on universities’ financial reports. Before 2008, humanities and law are only partially covered in the higher education sector.

The 2009 BERD survey has given more options to businesses to break down the data by sources of funds. Using the results of the 2009 survey, BERD and GERD financed by Business Enterprises and by the rest of the world were revised back to 1993.

In 2025, the state budget allocation to rabbinical courts in Israel was just over 209 million Israeli shekels, some 58 million U.S. dollars. This marked a decrease of almost four percent compared to the previous year, and a consistent decline since 2019. That year, the budget reached a peak of 277 million Israeli shekels, around 77 million U.S. dollars.

The United States led the ranking of the countries with the highest military spending in 2024, with 997 billion U.S. dollars dedicated to the military. That constituted almost 40 percent of the total military spending worldwide that year, which amounted to 2.7 trillion U.S. dollars. This amounted to 3.4 percent of the U.S.'s gross domestic product (GDP), placing the country lower in the ranking of military expenditure as a percentage of GDP, compared to Ukraine, Israel, Algeria, Saudi Arabia, and Russia. China was the second largest military spender, with an estimated 314 billion U.S. dollars spent, with Russia following in third. Defense budgetAccording to the U.S. Congressional Budget Office, the outlays for defense will rise to 1.1 trillion U.S. dollars by 2033. The largest parts of the budget are dedicated to the Departments of the Navy and the Air Force. The budget for the U.S. Air Force for 2024 was nearly 260 billion U.S. dollars.Global military spendingThe value of military spending globally has grown steadily in the past years and reached 2.7 trillion U.S. dollars in 2024. Reasons for this are the outbreak of the Russia-Ukraine war in 2022, the war in Gaza, as well as increasing tensions in the South China Sea. North America is by far the leading region worldwide in terms of expenditure on the military.

Israel IL: Civil GBARD: Current PPP: General University Funds data was reported at 1.337 USD bn in 2022. This records an increase from the previous number of 1.292 USD bn for 2021. Israel IL: Civil GBARD: Current PPP: General University Funds data is updated yearly, averaging 577.293 USD mn from Dec 1993 (Median) to 2022, with 30 observations. The data reached an all-time high of 1.337 USD bn in 2022 and a record low of 252.624 USD mn in 1993. Israel IL: Civil GBARD: Current PPP: General University Funds data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MSTI: Government Budgets for Research and Development: OECD Member: Annual.

For Israel, defence R&D is excluded. Both the business enterprise and higher education surveys were improved in 2009, causing a break in series for the BERD financed by the rest of the world and by the Business Enterprise sector, as well as a break in 2007 for the HERD financed by the rest of the world and by the Higher Education sector. Since 2001, the government sector is covered by a survey; beforehand government R&D was estimated through financial reports and interviews of accountants. From 2000 onwards, hospitals were re-classified to the business sector from the government and PNP sectors.

Data for the higher education sector are partly based on universities’ financial reports. Before 2008, humanities and law are only partially covered in the higher education sector.

The 2009 BERD survey has given more options to businesses to break down the data by sources of funds. Using the results of the 2009 survey, BERD and GERD financed by Business Enterprises and by the rest of the world were revised back to 1993.

Israel's military expenditure as a share of GDP reached 8.8 percent in 2024, marking a significant increase from previous years. The surge in defense spending reflects the country's response to the Israel-Hamas conflict, which began in Gaza in October 2023, and expanded to hostilities in Lebanon, Yemen and Iran by 2025. The financial impact of the war was also apparent in the county's national debt figures, which rapidly increased by 20 percent between the third quarter of 2023 and the third quarter of 2024. Escalating defense budget amid conflict Israel's military allocation for 2025 has seen a significant increase, nearly doubling compared to 2022. Still, actual defense spending during the year is expected to exceed the approved 109.8 billion Israeli shekels, approximately 31.6 billion U.S. dollars, reflecting the nation's intensified emphasis on military preparedness amidst escalating geopolitical tensions. The bulk of this budget is earmarked for procurement and purchases, totaling around 55 billion Israeli shekels, equivalent to 15.7 billion U.S. dollars. Record-breaking arms exports As Israel ramped up its military spending, the country's defense industries have also reached new heights. In 2024, the value of arms exported from Israel reach 14.8 billion U.S. dollars, marking the third consecutive annual record. Air defense systems were the most popular product category that year, accounting for nearly half of all defense exports. The industry’s robust performance highlights the growing global demand for arms, and Israeli military hardware in particular.

Israel IL: Civil GBARD: Current PPP: Health and Environment Programmes data was reported at 55.109 USD mn in 2022. This records a decrease from the previous number of 56.005 USD mn for 2021. Israel IL: Civil GBARD: Current PPP: Health and Environment Programmes data is updated yearly, averaging 28.790 USD mn from Dec 1993 (Median) to 2022, with 30 observations. The data reached an all-time high of 65.427 USD mn in 2020 and a record low of 10.586 USD mn in 1993. Israel IL: Civil GBARD: Current PPP: Health and Environment Programmes data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MSTI: Government Budgets for Research and Development: OECD Member: Annual.

For Israel, defence R&D is excluded. Both the business enterprise and higher education surveys were improved in 2009, causing a break in series for the BERD financed by the rest of the world and by the Business Enterprise sector, as well as a break in 2007 for the HERD financed by the rest of the world and by the Higher Education sector. Since 2001, the government sector is covered by a survey; beforehand government R&D was estimated through financial reports and interviews of accountants. From 2000 onwards, hospitals were re-classified to the business sector from the government and PNP sectors.

Data for the higher education sector are partly based on universities’ financial reports. Before 2008, humanities and law are only partially covered in the higher education sector.

The 2009 BERD survey has given more options to businesses to break down the data by sources of funds. Using the results of the 2009 survey, BERD and GERD financed by Business Enterprises and by the rest of the world were revised back to 1993.

Israel IL: Civil GBARD: Current PPP: Education and Social Programmes data was reported at 56.842 USD mn in 2022. This records an increase from the previous number of 46.685 USD mn for 2021. Israel IL: Civil GBARD: Current PPP: Education and Social Programmes data is updated yearly, averaging 56.225 USD mn from Dec 1993 (Median) to 2022, with 30 observations. The data reached an all-time high of 71.447 USD mn in 2012 and a record low of 31.123 USD mn in 1993. Israel IL: Civil GBARD: Current PPP: Education and Social Programmes data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MSTI: Government Budgets for Research and Development: OECD Member: Annual.

For Israel, defence R&D is excluded. Both the business enterprise and higher education surveys were improved in 2009, causing a break in series for the BERD financed by the rest of the world and by the Business Enterprise sector, as well as a break in 2007 for the HERD financed by the rest of the world and by the Higher Education sector. Since 2001, the government sector is covered by a survey; beforehand government R&D was estimated through financial reports and interviews of accountants. From 2000 onwards, hospitals were re-classified to the business sector from the government and PNP sectors.

Data for the higher education sector are partly based on universities’ financial reports. Before 2008, humanities and law are only partially covered in the higher education sector.

The 2009 BERD survey has given more options to businesses to break down the data by sources of funds. Using the results of the 2009 survey, BERD and GERD financed by Business Enterprises and by the rest of the world were revised back to 1993.

Government spending on health in Israel reached some ***** billion Israeli shekels in 2023, around **** billion U.S. dollars. During the observed period, government expenditure on health consistently increased. Over recent years, there has been growing public pressure to provide greater resources to the public health system. In parallel, health workers have advocated for improved employment conditions.

In 2024, the state budget allocation to Druze religious courts in Israel reached almost *** million Israeli shekels, some *** million U.S. dollars. This reflected an increase of almost five percent compared to the previous year. The budget reached its peak in 2022 at roughly *** million Israeli shekels, about **** million U.S. dollars.

Israel IL: Civil GBARD: Current PPP: Non-Oriented Research Programmes data was reported at 99.743 USD mn in 2022. This records an increase from the previous number of 91.270 USD mn for 2021. Israel IL: Civil GBARD: Current PPP: Non-Oriented Research Programmes data is updated yearly, averaging 54.767 USD mn from Dec 1993 (Median) to 2022, with 30 observations. The data reached an all-time high of 99.743 USD mn in 2022 and a record low of 29.853 USD mn in 1993. Israel IL: Civil GBARD: Current PPP: Non-Oriented Research Programmes data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MSTI: Government Budgets for Research and Development: OECD Member: Annual.

For Israel, defence R&D is excluded. Both the business enterprise and higher education surveys were improved in 2009, causing a break in series for the BERD financed by the rest of the world and by the Business Enterprise sector, as well as a break in 2007 for the HERD financed by the rest of the world and by the Higher Education sector. Since 2001, the government sector is covered by a survey; beforehand government R&D was estimated through financial reports and interviews of accountants. From 2000 onwards, hospitals were re-classified to the business sector from the government and PNP sectors.

Data for the higher education sector are partly based on universities’ financial reports. Before 2008, humanities and law are only partially covered in the higher education sector.

The 2009 BERD survey has given more options to businesses to break down the data by sources of funds. Using the results of the 2009 survey, BERD and GERD financed by Business Enterprises and by the rest of the world were revised back to 1993.

Israel IL: GBARD: PPP: 2015p data was reported at 2.147 USD bn in 2022. This records an increase from the previous number of 2.129 USD bn for 2021. Israel IL: GBARD: PPP: 2015p data is updated yearly, averaging 1.441 USD bn from Dec 1993 (Median) to 2022, with 30 observations. The data reached an all-time high of 2.313 USD bn in 2020 and a record low of 857.617 USD mn in 1993. Israel IL: GBARD: PPP: 2015p data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MSTI: Government Budgets for Research and Development: OECD Member: Annual.

For Israel, defence R&D is excluded. Both the business enterprise and higher education surveys were improved in 2009, causing a break in series for the BERD financed by the rest of the world and by the Business Enterprise sector, as well as a break in 2007 for the HERD financed by the rest of the world and by the Higher Education sector. Since 2001, the government sector is covered by a survey; beforehand government R&D was estimated through financial reports and interviews of accountants. From 2000 onwards, hospitals were re-classified to the business sector from the government and PNP sectors.

Data for the higher education sector are partly based on universities’ financial reports. Before 2008, humanities and law are only partially covered in the higher education sector.

The 2009 BERD survey has given more options to businesses to break down the data by sources of funds. Using the results of the 2009 survey, BERD and GERD financed by Business Enterprises and by the rest of the world were revised back to 1993.