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IsraelGovernment Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #25 of 138Series years: 20002023
Latest Value
37.3%
2023
YoY Change
+6.0%
20222023
Global Rank
#25
of 138 countries
Maximum
45.8%
2002
Minimum
34.5%
2015
CAGR
-0.3%
24 years
Last
37.3%
Previous
35.2%
Highest
45.8%
Lowest
34.5%
Unit
% of GDP
Source
World Bank World Development Indicators

Israel's government expense (% of GDP) was 37.3% in 2023, ranking #25 out of 138 countries. This represents a +6.0% change from 2022. Over the past 24 years, the highest recorded value was 45.8% (2002) and the lowest was 34.5% (2015). Data sourced from the World Bank World Development Indicators.

Israel — Government Expense (% of GDP): 37.348337781417 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202337.3%+6.0%
202235.2%-7.7%
202138.2%-8.6%
202041.8%+18.1%
201935.4%-1.5%
201835.9%+0.7%
201735.7%+3.1%
201634.6%+0.1%
201534.5%-1.2%
201434.9%-3.5%
201336.2%-0.2%
201236.3%+0.4%
201136.2%-1.2%
201036.6%-3.6%
200938.0%+1.1%
200837.5%+1.6%
200737.0%-3.7%
200638.4%-2.4%
200539.3%-1.9%
200440.1%-3.1%
200341.4%-9.6%
200245.8%+8.0%
200142.4%+5.3%
200040.3%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

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.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →