Military spending gmsd in Israel

Israel: Military spending gmsd was 31.61 billion in 2023. ◆ Volatile

Latest (2023)
31.61 billion
Change on year
up 16.0%
World rank
15th
of 172 countries
All-time high
31.61 billion
in 2023
All-time low
296.57 million
in 1952
Years of data
76
1948–2023

Military spending gmsd in Israel, 1948–2023

010.0B20.0B30.0B194819852023

Source: Our World in Data.

Analysis

The most recent figure for military spending gmsd in Israel is 31.61 billion, 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 gmsd in Israel peaked at 31.61 billion in 2023 and was at its lowest, 296.57 million, 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 gmsd in Israel, year by year

Annual values for Military spending gmsd in Israel, 1948 to 2023.
Year Value Change
1948 366.09 million —
1949 610.51 million +66.8%
1950 533.82 million -12.6%
1951 608.26 million +13.9%
1952 296.57 million -51.2%
1953 347.52 million +17.2%
1954 341.12 million -1.8%
1955 325.56 million -4.6%
1956 681.40 million +109.3%
1957 794.24 million +16.6%
1958 968.39 million +21.9%
1959 969.57 million +0.1%
1960 1.08 billion +11.0%
1961 1.21 billion +12.8%
1962 1.34 billion +10.1%
1963 1.55 billion +16.2%
1964 2.09 billion +34.4%
1965 2.35 billion +12.5%
1966 2.46 billion +4.9%
1967 3.94 billion +60.1%
1968 4.29 billion +8.8%
1969 5.64 billion +31.7%
1970 7.99 billion +41.6%
1971 7.98 billion -0.1%
1972 7.64 billion -4.3%
1973 14.97 billion +96.0%
1974 13.73 billion -8.3%
1975 14.15 billion +3.1%
1976 13.77 billion -2.7%
1977 12.99 billion -5.6%
1978 11.54 billion -11.2%
1979 11.57 billion +0.3%
1980 12.52 billion +8.2%
1981 13.24 billion +5.7%
1982 14.61 billion +10.3%
1983 13.88 billion -5.0%
1984 13.49 billion -2.9%
1985 12.42 billion -7.9%
1986 12.70 billion +2.3%
1987 12.09 billion -4.8%
1988 12.32 billion +1.9%
1989 11.74 billion -4.8%
1990 11.53 billion -1.8%
1991 10.73 billion -6.9%
1992 11.86 billion +10.5%
1993 12.41 billion +4.6%
1994 13.06 billion +5.2%
1995 14.40 billion +10.3%
1996 15.01 billion +4.2%
1997 15.34 billion +2.3%
1998 14.51 billion -5.5%
1999 14.09 billion -2.8%
2000 14.23 billion +1.0%
2001 14.87 billion +4.5%
2002 14.40 billion -3.1%
2003 14.35 billion -0.3%
2004 14.41 billion +0.4%
2005 13.69 billion -5.0%
2006 14.77 billion +7.8%
2007 15.70 billion +6.3%
2008 17.28 billion +10.0%
2009 16.48 billion -4.6%
2010 17.13 billion +4.0%
2011 18.02 billion +5.2%
2012 19.26 billion +6.9%
2013 20.13 billion +4.5%
2014 22.05 billion +9.5%
2015 20.09 billion -8.9%
2016 21.29 billion +6.0%
2017 23.20 billion +9.0%
2018 23.60 billion +1.7%
2019 24.79 billion +5.0%
2020 25.09 billion +1.2%
2021 27.63 billion +10.1%
2022 27.26 billion -1.3%
2023 31.61 billion +16.0%

Israel compared with similar countries

  • Israel's 31.61 billion is above the median for high income countries, which is 6.50 billion, 4.9× the median. (55 countries reporting)
  • Israel's 31.61 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.51 billion, 5.7× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd 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.

YearChange FromTo
1956 +109.3% 325.56 million 681.40 million
1973 +96.0% 7.64 billion 14.97 billion
1949 +66.8% 366.09 million 610.51 million
1952 -51.2% 608.26 million 296.57 million
1967 +60.1% 2.46 billion 3.94 billion

Averages by decade

DecadeAverage LowestHighest Years
1940s 488.30 million 366.09 million 610.51 million 2
1950s 586.65 million 296.57 million 969.57 million 10
1960s 2.59 billion 1.08 billion 5.64 billion 10
1970s 11.63 billion 7.64 billion 14.97 billion 10
1980s 12.90 billion 11.74 billion 14.61 billion 10
1990s 13.29 billion 10.73 billion 15.34 billion 10
2000s 15.02 billion 13.69 billion 17.28 billion 10
2010s 20.96 billion 17.13 billion 24.79 billion 10
2020s 27.90 billion 25.09 billion 31.61 billion 4

Countries ranked near Israel

  1. 12 Italy 41.14 billion compare
  2. 13 Australia 38.94 billion compare
  3. 14 Canada 32.57 billion compare
  4. 16 Brazil 27.35 billion compare
  5. 17 Poland 26.65 billion compare
  6. 18 Spain 26.09 billion compare

See the full ranking of 172 places →

More reference data data for Israel

All data for Israel →

Frequently asked questions

What is military spending gmsd in Israel?
Military spending gmsd in Israel was 31.61 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Israel?
The highest recorded value was 31.61 billion in 2023.
What is the lowest military spending gmsd recorded in Israel?
The lowest recorded value was 296.57 million in 1952.
How does Israel rank for military spending gmsd?
Israel ranks 15th out of 172 countries with data for 2023.
Is military spending gmsd 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 Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Israel. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/israel/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed