Military spending in Israel
Israel: Military spending was 31.61 billion constant 2022 US$ in 2023. ◆ Volatile
Military spending in Israel, 1948–2023
Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
The most recent figure for military spending in Israel is 31.61 billion constant 2022 US$, measured in 2023. That is the highest value across all 76 years on record.
Compared with earlier readings it is up 16.0% on the previous year and up 57.0% over ten years.
Over the whole period, military spending in Israel peaked at 31.61 billion constant 2022 US$ in 2023 and was at its lowest, 296.57 million constant 2022 US$, in 1952.
That places Israel 15th out of 172 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 488.30 million constant 2022 US$ | 366.09 million constant 2022 US$ | 610.51 million constant 2022 US$ | 2 |
| 1950s | 586.65 million constant 2022 US$ | 296.57 million constant 2022 US$ | 969.57 million constant 2022 US$ | 10 |
| 1960s | 2.59 billion constant 2022 US$ | 1.08 billion constant 2022 US$ | 5.64 billion constant 2022 US$ | 10 |
| 1970s | 11.63 billion constant 2022 US$ | 7.64 billion constant 2022 US$ | 14.97 billion constant 2022 US$ | 10 |
| 1980s | 12.90 billion constant 2022 US$ | 11.74 billion constant 2022 US$ | 14.61 billion constant 2022 US$ | 10 |
| 1990s | 13.29 billion constant 2022 US$ | 10.73 billion constant 2022 US$ | 15.34 billion constant 2022 US$ | 10 |
| 2000s | 15.02 billion constant 2022 US$ | 13.69 billion constant 2022 US$ | 17.28 billion constant 2022 US$ | 10 |
| 2010s | 20.96 billion constant 2022 US$ | 17.13 billion constant 2022 US$ | 24.79 billion constant 2022 US$ | 10 |
| 2020s | 27.90 billion constant 2022 US$ | 25.09 billion constant 2022 US$ | 31.61 billion constant 2022 US$ | 4 |
Countries ranked near Israel
- 12 Italy 41.14 billion constant 2022 US$ compare
- 13 Australia 38.94 billion constant 2022 US$ compare
- 14 Canada 32.57 billion constant 2022 US$ compare
- 16 Brazil 27.35 billion constant 2022 US$ compare
- 17 Poland 26.65 billion constant 2022 US$ compare
- 18 Spain 26.09 billion constant 2022 US$ compare
More reference data data for Israel
- Spring temperature anomalies -1 °C (2026)
- Summer temperature anomalies 0.1393 °C (2026)
- Temperature anomalies by month 1.73 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.3165 °C (2025)
- Winter temperature anomalies 1.06 °C (2025)
- Consumer price index 126.13 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending in Israel?
- Military spending in Israel was 31.61 billion constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Israel?
- The highest recorded value was 31.61 billion constant 2022 US$ in 2023.
- What is the lowest military spending recorded in Israel?
- The lowest recorded value was 296.57 million constant 2022 US$ in 1952.
- How does Israel rank for military spending?
- Israel ranks 15th out of 172 countries with data for 2023.
- Is military spending rising or falling in Israel?
- Over the last ten years it is up 57.0%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 76 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.