Israel—Military Spending (% of GDP)
Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #2 of 153
Latest Value
8.8%
2024
YoY Change
+63.0%
2023 → 2024
Global Rank
#2
of 153 countries
Maximum
8.8%
2024
Minimum
4.4%
2022
CAGR
+1.5%
25 years
Last
8.8%
Previous
5.4%
Highest
8.8%
Lowest
4.4%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 8.8% | +63.0% |
| 2023 | 5.4% | +21.5% |
| 2022 | 4.4% | -10.2% |
| 2021 | 4.9% | -6.5% |
| 2020 | 5.3% | +4.0% |
| 2019 | 5.1% | -4.1% |
| 2018 | 5.3% | -2.6% |
| 2017 | 5.4% | +0.2% |
| 2016 | 5.4% | -0.1% |
| 2015 | 5.4% | -3.7% |
| 2014 | 5.6% | +3.4% |
| 2013 | 5.4% | -1.2% |
| 2012 | 5.5% | -2.2% |
| 2011 | 5.6% | -2.7% |
| 2010 | 5.8% | -3.1% |
| 2009 | 6.0% | -4.2% |
| 2008 | 6.2% | +1.3% |
| 2007 | 6.2% | +5.2% |
| 2006 | 5.9% | -3.2% |
| 2005 | 6.1% | -1.4% |
| 2004 | 6.1% | -1.8% |
| 2003 | 6.3% | -1.8% |
| 2002 | 6.4% | +1.1% |
| 2001 | 6.3% | +3.3% |
| 2000 | 6.1% |
Top Countries — Military Spending (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 34.5% | 2024 |
| 2 | Israel | 8.8% | 2024 |
| 3 | Algeria | 8.0% | 2024 |
| 4 | Saudi Arabia | 7.3% | 2024 |
| 5 | Russian Federation | 7.1% | 2024 |
| 6 | Myanmar | 6.8% | 2024 |
| 7 | Qatar | 6.5% | 2022 |
| 8 | Oman | 5.6% | 2024 |
| 9 | Armenia | 5.5% | 2024 |
| 10 | Libya | 5.3% | 2023 |
About This Indicator
Definition
Military expenditure by country as percentage of gross domestic product
Methodology
Data compiled by SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases.
Source: World Bank - World Development IndicatorsView original source →