Military spending, per unit of GDP in Israel

Israel: Military spending, per unit of GDP was 0.0616 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0616 constant 2022 US$ per US$ of GDP
Change on year
up 18.6%
World rank
10th
of 170 countries
All-time high
1.26 constant 2022 US$ per US$ of GDP
in 1973
All-time low
0.0519 constant 2022 US$ per US$ of GDP
in 2022
Years of data
64
1960–2023

Military spending, per unit of GDP in Israel, 1960–2023

00.250.50.7511.2196019912023

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Israel is 0.0616 constant 2022 US$ per US$ of GDP, measured in 2023.

Compared with earlier readings it is up 18.6% on the previous year and down 8.8% over ten years.

Over the whole period, military spending, per unit of gdp in Israel peaked at 1.26 constant 2022 US$ per US$ of GDP in 1973 and was at its lowest, 0.0519 constant 2022 US$ per US$ of GDP, in 2022.

That places Israel 10th out of 170 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, per unit of GDP in Israel, year by year

Annual values for Military spending, per unit of GDP in Israel, 1960 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1960 0.3508 constant 2022 US$ per US$ of GDP
1961 0.3276 constant 2022 US$ per US$ of GDP -6.6%
1962 0.451 constant 2022 US$ per US$ of GDP +37.7%
1963 0.4394 constant 2022 US$ per US$ of GDP -2.6%
1964 0.5188 constant 2022 US$ per US$ of GDP +18.1%
1965 0.5425 constant 2022 US$ per US$ of GDP +4.6%
1966 0.5237 constant 2022 US$ per US$ of GDP -3.5%
1967 0.828 constant 2022 US$ per US$ of GDP +58.1%
1968 0.7857 constant 2022 US$ per US$ of GDP -5.1%
1969 0.8967 constant 2022 US$ per US$ of GDP +14.1%
1970 1.08 constant 2022 US$ per US$ of GDP +20.4%
1971 1.13 constant 2022 US$ per US$ of GDP +4.9%
1972 0.8287 constant 2022 US$ per US$ of GDP -26.8%
1973 1.26 constant 2022 US$ per US$ of GDP +51.9%
1974 0.8 constant 2022 US$ per US$ of GDP -36.4%
1975 0.8773 constant 2022 US$ per US$ of GDP +9.7%
1976 0.8633 constant 2022 US$ per US$ of GDP -1.6%
1977 0.712 constant 2022 US$ per US$ of GDP -17.5%
1978 0.6521 constant 2022 US$ per US$ of GDP -8.4%
1979 0.5122 constant 2022 US$ per US$ of GDP -21.4%
1980 0.4934 constant 2022 US$ per US$ of GDP -3.7%
1981 0.4928 constant 2022 US$ per US$ of GDP -0.1%
1982 0.4997 constant 2022 US$ per US$ of GDP +1.4%
1983 0.4252 constant 2022 US$ per US$ of GDP -14.9%
1984 0.4404 constant 2022 US$ per US$ of GDP +3.6%
1985 0.4298 constant 2022 US$ per US$ of GDP -2.4%
1986 0.3546 constant 2022 US$ per US$ of GDP -17.5%
1987 0.281 constant 2022 US$ per US$ of GDP -20.8%
1988 0.2342 constant 2022 US$ per US$ of GDP -16.6%
1989 0.2239 constant 2022 US$ per US$ of GDP -4.4%
1990 0.186 constant 2022 US$ per US$ of GDP -16.9%
1991 0.1512 constant 2022 US$ per US$ of GDP -18.7%
1992 0.1494 constant 2022 US$ per US$ of GDP -1.2%
1993 0.1555 constant 2022 US$ per US$ of GDP +4.1%
1994 0.144 constant 2022 US$ per US$ of GDP -7.4%
1995 0.1366 constant 2022 US$ per US$ of GDP -5.1%
1996 0.1304 constant 2022 US$ per US$ of GDP -4.5%
1997 0.1285 constant 2022 US$ per US$ of GDP -1.5%
1998 0.1204 constant 2022 US$ per US$ of GDP -6.3%
1999 0.1162 constant 2022 US$ per US$ of GDP -3.5%
2000 0.1043 constant 2022 US$ per US$ of GDP -10.2%
2001 0.1102 constant 2022 US$ per US$ of GDP +5.7%
2002 0.115 constant 2022 US$ per US$ of GDP +4.3%
2003 0.1093 constant 2022 US$ per US$ of GDP -4.9%
2004 0.103 constant 2022 US$ per US$ of GDP -5.8%
2005 0.0929 constant 2022 US$ per US$ of GDP -9.8%
2006 0.093 constant 2022 US$ per US$ of GDP +0.1%
2007 0.0851 constant 2022 US$ per US$ of GDP -8.5%
2008 0.0782 constant 2022 US$ per US$ of GDP -8.2%
2009 0.0773 constant 2022 US$ per US$ of GDP -1.1%
2010 0.0716 constant 2022 US$ per US$ of GDP -7.5%
2011 0.0673 constant 2022 US$ per US$ of GDP -6.0%
2012 0.0732 constant 2022 US$ per US$ of GDP +8.7%
2013 0.0675 constant 2022 US$ per US$ of GDP -7.7%
2014 0.0701 constant 2022 US$ per US$ of GDP +3.8%
2015 0.0663 constant 2022 US$ per US$ of GDP -5.4%
2016 0.0663 constant 2022 US$ per US$ of GDP -0.1%
2017 0.0649 constant 2022 US$ per US$ of GDP -2.1%
2018 0.0628 constant 2022 US$ per US$ of GDP -3.2%
2019 0.0621 constant 2022 US$ per US$ of GDP -1.2%
2020 0.0611 constant 2022 US$ per US$ of GDP -1.7%
2021 0.0564 constant 2022 US$ per US$ of GDP -7.6%
2022 0.0519 constant 2022 US$ per US$ of GDP -8.0%
2023 0.0616 constant 2022 US$ per US$ of GDP +18.6%

Israel compared with similar countries

  • Israel's 0.0616 constant 2022 US$ per US$ of GDP is above the median for high income countries, which is 0.0189 constant 2022 US$ per US$ of GDP, 3.3× the median. (55 countries reporting)
  • Israel's 0.0616 constant 2022 US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0466 constant 2022 US$ per US$ of GDP, 1.3× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Military spending, per unit of GDP 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
1967 +58.1% 0.5237 constant 2022 US$ per US$ of GDP 0.828 constant 2022 US$ per US$ of GDP
1973 +51.9% 0.8287 constant 2022 US$ per US$ of GDP 1.26 constant 2022 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.5664 constant 2022 US$ per US$ of GDP 0.3276 constant 2022 US$ per US$ of GDP 0.8967 constant 2022 US$ per US$ of GDP 10
1970s 0.8716 constant 2022 US$ per US$ of GDP 0.5122 constant 2022 US$ per US$ of GDP 1.26 constant 2022 US$ per US$ of GDP 10
1980s 0.3875 constant 2022 US$ per US$ of GDP 0.2239 constant 2022 US$ per US$ of GDP 0.4997 constant 2022 US$ per US$ of GDP 10
1990s 0.1418 constant 2022 US$ per US$ of GDP 0.1162 constant 2022 US$ per US$ of GDP 0.186 constant 2022 US$ per US$ of GDP 10
2000s 0.0969 constant 2022 US$ per US$ of GDP 0.0773 constant 2022 US$ per US$ of GDP 0.115 constant 2022 US$ per US$ of GDP 10
2010s 0.0672 constant 2022 US$ per US$ of GDP 0.0621 constant 2022 US$ per US$ of GDP 0.0732 constant 2022 US$ per US$ of GDP 10
2020s 0.0577 constant 2022 US$ per US$ of GDP 0.0519 constant 2022 US$ per US$ of GDP 0.0616 constant 2022 US$ per US$ of GDP 4

Countries ranked near Israel

  1. 7 Oman 0.0721 constant 2022 US$ per US$ of GDP compare
  2. 8 United Arab Emirates 0.0697 constant 2022 US$ per US$ of GDP compare
  3. 9 Algeria 0.0654 constant 2022 US$ per US$ of GDP compare
  4. 11 Qatar 0.061 constant 2022 US$ per US$ of GDP compare
  5. 12 Kuwait 0.0592 constant 2022 US$ per US$ of GDP compare
  6. 13 Russia 0.0588 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Israel

All data for Israel →

Frequently asked questions

What is military spending, per unit of gdp in Israel?
Military spending, per unit of gdp in Israel was 0.0616 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Israel?
The highest recorded value was 1.26 constant 2022 US$ per US$ of GDP in 1973.
What is the lowest military spending, per unit of gdp recorded in Israel?
The lowest recorded value was 0.0519 constant 2022 US$ per US$ of GDP in 2022.
How does Israel rank for military spending, per unit of gdp?
Israel ranks 10th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Israel?
Over the last ten years it is down 8.8%. The long-run trend across the full record is volatile.
Where does this Israel data come from?
The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Israel. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/israel/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.