Military spending in Israel
Israel: Military spending was 31.61 billion constant 2022 US$ in 2023. ◆ Volatile
Latest (2023)
31.61 billion constant 2022 US$
Change on year
up 16.0%
World rank
15th
of 172 countries
All-time high
31.61 billion constant 2022 US$
in 2023
All-time low
296.57 million constant 2022 US$
in 1952
Years of data
76
1948–2023
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$, in 1952.
That places Israel 15th out of 172 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Israel, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1948 | 366.09 million constant 2022 US$ | — |
| 1949 | 610.51 million constant 2022 US$ | +66.8% |
| 1950 | 533.82 million constant 2022 US$ | -12.6% |
| 1951 | 608.26 million constant 2022 US$ | +13.9% |
| 1952 | 296.57 million constant 2022 US$ | -51.2% |
| 1953 | 347.52 million constant 2022 US$ | +17.2% |
| 1954 | 341.12 million constant 2022 US$ | -1.8% |
| 1955 | 325.56 million constant 2022 US$ | -4.6% |
| 1956 | 681.40 million constant 2022 US$ | +109.3% |
| 1957 | 794.24 million constant 2022 US$ | +16.6% |
| 1958 | 968.39 million constant 2022 US$ | +21.9% |
| 1959 | 969.57 million constant 2022 US$ | +0.1% |
| 1960 | 1.08 billion constant 2022 US$ | +11.0% |
| 1961 | 1.21 billion constant 2022 US$ | +12.8% |
| 1962 | 1.34 billion constant 2022 US$ | +10.1% |
| 1963 | 1.55 billion constant 2022 US$ | +16.2% |
| 1964 | 2.09 billion constant 2022 US$ | +34.4% |
| 1965 | 2.35 billion constant 2022 US$ | +12.5% |
| 1966 | 2.46 billion constant 2022 US$ | +4.9% |
| 1967 | 3.94 billion constant 2022 US$ | +60.1% |
| 1968 | 4.29 billion constant 2022 US$ | +8.8% |
| 1969 | 5.64 billion constant 2022 US$ | +31.7% |
| 1970 | 7.99 billion constant 2022 US$ | +41.6% |
| 1971 | 7.98 billion constant 2022 US$ | -0.1% |
| 1972 | 7.64 billion constant 2022 US$ | -4.3% |
| 1973 | 14.97 billion constant 2022 US$ | +96.0% |
| 1974 | 13.73 billion constant 2022 US$ | -8.3% |
| 1975 | 14.15 billion constant 2022 US$ | +3.1% |
| 1976 | 13.77 billion constant 2022 US$ | -2.7% |
| 1977 | 12.99 billion constant 2022 US$ | -5.6% |
| 1978 | 11.54 billion constant 2022 US$ | -11.2% |
| 1979 | 11.57 billion constant 2022 US$ | +0.3% |
| 1980 | 12.52 billion constant 2022 US$ | +8.2% |
| 1981 | 13.24 billion constant 2022 US$ | +5.7% |
| 1982 | 14.61 billion constant 2022 US$ | +10.3% |
| 1983 | 13.88 billion constant 2022 US$ | -5.0% |
| 1984 | 13.49 billion constant 2022 US$ | -2.9% |
| 1985 | 12.42 billion constant 2022 US$ | -7.9% |
| 1986 | 12.70 billion constant 2022 US$ | +2.3% |
| 1987 | 12.09 billion constant 2022 US$ | -4.8% |
| 1988 | 12.32 billion constant 2022 US$ | +1.9% |
| 1989 | 11.74 billion constant 2022 US$ | -4.8% |
| 1990 | 11.53 billion constant 2022 US$ | -1.8% |
| 1991 | 10.73 billion constant 2022 US$ | -6.9% |
| 1992 | 11.86 billion constant 2022 US$ | +10.5% |
| 1993 | 12.41 billion constant 2022 US$ | +4.6% |
| 1994 | 13.06 billion constant 2022 US$ | +5.2% |
| 1995 | 14.40 billion constant 2022 US$ | +10.3% |
| 1996 | 15.01 billion constant 2022 US$ | +4.2% |
| 1997 | 15.34 billion constant 2022 US$ | +2.3% |
| 1998 | 14.51 billion constant 2022 US$ | -5.5% |
| 1999 | 14.09 billion constant 2022 US$ | -2.8% |
| 2000 | 14.23 billion constant 2022 US$ | +1.0% |
| 2001 | 14.87 billion constant 2022 US$ | +4.5% |
| 2002 | 14.40 billion constant 2022 US$ | -3.1% |
| 2003 | 14.35 billion constant 2022 US$ | -0.3% |
| 2004 | 14.41 billion constant 2022 US$ | +0.4% |
| 2005 | 13.69 billion constant 2022 US$ | -5.0% |
| 2006 | 14.77 billion constant 2022 US$ | +7.8% |
| 2007 | 15.70 billion constant 2022 US$ | +6.3% |
| 2008 | 17.28 billion constant 2022 US$ | +10.0% |
| 2009 | 16.48 billion constant 2022 US$ | -4.6% |
| 2010 | 17.13 billion constant 2022 US$ | +4.0% |
| 2011 | 18.02 billion constant 2022 US$ | +5.2% |
| 2012 | 19.26 billion constant 2022 US$ | +6.9% |
| 2013 | 20.13 billion constant 2022 US$ | +4.5% |
| 2014 | 22.05 billion constant 2022 US$ | +9.5% |
| 2015 | 20.09 billion constant 2022 US$ | -8.9% |
| 2016 | 21.29 billion constant 2022 US$ | +6.0% |
| 2017 | 23.20 billion constant 2022 US$ | +9.0% |
| 2018 | 23.60 billion constant 2022 US$ | +1.7% |
| 2019 | 24.79 billion constant 2022 US$ | +5.0% |
| 2020 | 25.09 billion constant 2022 US$ | +1.2% |
| 2021 | 27.63 billion constant 2022 US$ | +10.1% |
| 2022 | 27.26 billion constant 2022 US$ | -1.3% |
| 2023 | 31.61 billion constant 2022 US$ | +16.0% |
Israel compared with similar countries
- Israel's 31.61 billion constant 2022 US$ is above the median for high income countries, which is 6.50 billion constant 2022 US$, 4.9× the median. (55 countries reporting)
- Israel's 31.61 billion constant 2022 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.51 billion constant 2022 US$, 5.7× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Military spending in Israel changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1956 | +109.3% | 325.56 million constant 2022 US$ | 681.40 million constant 2022 US$ |
| 1973 | +96.0% | 7.64 billion constant 2022 US$ | 14.97 billion constant 2022 US$ |
| 1949 | +66.8% | 366.09 million constant 2022 US$ | 610.51 million constant 2022 US$ |
| 1952 | -51.2% | 608.26 million constant 2022 US$ | 296.57 million constant 2022 US$ |
| 1967 | +60.1% | 2.46 billion constant 2022 US$ | 3.94 billion constant 2022 US$ |
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
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0882 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3364 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.719 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0191 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.719 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2959 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1891 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.78 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 3.5 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.104 (2050)
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.