Expense in Israel
Israel: Expense was 37.3% in 2023. ▼ Falling
Expense in Israel, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Israel stood at 37.3%.
That represents a change of up 6.0% on the previous year and up 3.1% over ten years.
Over the whole period, expense in Israel peaked at 75.3% in 1984 and was at its lowest, 30.3%, in 1991.
Israel ranks 26th of 157 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 52 years of available data.
Expense in Israel, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 38.0% | — |
| 1973 | 52.5% | +38.4% |
| 1974 | 51.0% | -3.0% |
| 1975 | 53.7% | +5.4% |
| 1976 | 56.4% | +5.1% |
| 1977 | 58.6% | +3.9% |
| 1978 | 52.9% | -9.8% |
| 1979 | 59.5% | +12.5% |
| 1980 | 62.1% | +4.4% |
| 1981 | 64.4% | +3.7% |
| 1982 | 61.7% | -4.2% |
| 1983 | 74.3% | +20.5% |
| 1984 | 75.3% | +1.4% |
| 1985 | 57.9% | -23.2% |
| 1986 | 49.8% | -13.9% |
| 1987 | 47.0% | -5.6% |
| 1988 | 41.2% | -12.2% |
| 1989 | 42.0% | +1.9% |
| 1990 | 42.2% | +0.4% |
| 1991 | 30.3% | -28.2% |
| 1992 | 39.1% | +29.0% |
| 1993 | 37.4% | -4.3% |
| 1994 | 36.6% | -2.1% |
| 1995 | 38.6% | +5.5% |
| 1996 | 39.8% | +3.1% |
| 1997 | 39.3% | -1.2% |
| 1998 | 39.2% | -0.5% |
| 1999 | 38.7% | -1.2% |
| 2000 | 40.3% | +4.1% |
| 2001 | 42.4% | +5.3% |
| 2002 | 45.8% | +8.0% |
| 2003 | 41.4% | -9.6% |
| 2004 | 40.1% | -3.1% |
| 2005 | 39.3% | -1.9% |
| 2006 | 38.4% | -2.4% |
| 2007 | 37.0% | -3.7% |
| 2008 | 37.5% | +1.6% |
| 2009 | 38.0% | +1.1% |
| 2010 | 36.6% | -3.6% |
| 2011 | 36.2% | -1.2% |
| 2012 | 36.3% | +0.4% |
| 2013 | 36.2% | -0.2% |
| 2014 | 34.9% | -3.5% |
| 2015 | 34.5% | -1.2% |
| 2016 | 34.6% | +0.1% |
| 2017 | 35.7% | +3.1% |
| 2018 | 35.9% | +0.7% |
| 2019 | 35.4% | -1.5% |
| 2020 | 41.8% | +18.1% |
| 2021 | 38.2% | -8.6% |
| 2022 | 35.2% | -7.7% |
| 2023 | 37.3% | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52.8% | 38.0% | 59.5% | 8 |
| 1980s | 57.6% | 41.2% | 75.3% | 10 |
| 1990s | 38.1% | 30.3% | 42.2% | 10 |
| 2000s | 40.0% | 37.0% | 45.8% | 10 |
| 2010s | 35.6% | 34.5% | 36.6% | 10 |
| 2020s | 38.1% | 35.2% | 41.8% | 4 |
Countries ranked near Israel
More economy & growth data for Israel
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.56 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.87 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.38 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 183,250 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.9449 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6897 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 37,393 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.945 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 2.84 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is expense in Israel?
- Expense in Israel was 37.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Israel?
- The highest recorded value was 75.3% in 1984.
- What is the lowest expense recorded in Israel?
- The lowest recorded value was 30.3% in 1991.
- How does Israel rank for expense?
- Israel ranks 26th out of 157 countries with data for 2023.
- Is expense rising or falling in Israel?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is falling.
- Where does this Israel data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.