Israel Military Spending/Defense Budget 1960-2024
Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
- Israel military spending/defense budget for 2022 was $23.41B, a 3.84% decline from 2021.
- Israel military spending/defense budget for 2021 was $24.34B, a 11.57% increase from 2020.
- Israel military spending/defense budget for 2020 was $21.82B, a 7.26% increase from 2019.
- Israel military spending/defense budget for 2019 was $20.34B, a 2.21% increase from 2018.
| Israel Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$23.41B |
4.51% |
| 2021 |
$24.34B |
4.98% |
| 2020 |
$21.82B |
5.28% |
| 2019 |
$20.34B |
5.05% |
| 2018 |
$19.90B |
5.28% |
| 2017 |
$19.36B |
5.43% |
| 2016 |
$17.43B |
5.41% |
| 2015 |
$16.46B |
5.42% |
| 2014 |
$17.74B |
5.64% |
| 2013 |
$16.25B |
5.46% |
| 2012 |
$14.52B |
5.64% |
| 2011 |
$15.10B |
5.77% |
| 2010 |
$13.88B |
5.94% |
| 2009 |
$12.75B |
6.15% |
| 2008 |
$13.80B |
6.39% |
| 2007 |
$11.38B |
6.37% |
| 2006 |
$9.32B |
6.05% |
| 2005 |
$8.92B |
6.26% |
| 2004 |
$8.61B |
6.36% |
| 2003 |
$8.23B |
6.49% |
| 2002 |
$7.98B |
6.59% |
| 2001 |
$8.50B |
6.51% |
| 2000 |
$8.33B |
6.30% |
| 1999 |
$7.65B |
6.53% |
| 1998 |
$8.10B |
6.98% |
| 1997 |
$8.58B |
7.48% |
| 1996 |
$8.50B |
7.73% |
| 1995 |
$7.95B |
7.92% |
| 1994 |
$7.77B |
10.12% |
| 1993 |
$7.75B |
11.52% |
| 1992 |
$7.31B |
10.93% |
| 1991 |
$9.34B |
15.59% |
| 1990 |
$6.53B |
12.36% |
| 1989 |
$5.55B |
12.45% |
| 1988 |
$7.00B |
15.95% |
| 1987 |
$6.00B |
16.90% |
| 1986 |
$4.39B |
14.77% |
| 1985 |
$4.00B |
16.60% |
| 1984 |
$4.21B |
16.18% |
| 1983 |
$4.27B |
15.55% |
| 1982 |
$4.52B |
18.39% |
| 1981 |
$4.70B |
20.26% |
| 1980 |
$4.12B |
18.92% |
| 1979 |
$3.39B |
19.38% |
| 1978 |
$3.12B |
22.89% |
| 1977 |
$3.18B |
23.09% |
| 1976 |
$3.65B |
29.25% |
| 1975 |
$3.76B |
30.46% |
| 1974 |
$3.48B |
27.66% |
| 1973 |
$2.57B |
27.86% |
| 1972 |
$1.46B |
20.37% |
| 1971 |
$1.27B |
22.80% |
| 1970 |
$1.26B |
23.45% |
| 1969 |
$0.87B |
19.09% |
| 1968 |
$0.69B |
17.43% |
| 1967 |
$0.61B |
15.44% |
| 1966 |
$0.38B |
9.43% |
| 1965 |
$0.31B |
8.57% |
| 1964 |
$0.28B |
8.98% |
| 1963 |
$0.26B |
9.75% |
| 1962 |
$0.21B |
9.16% |
| 1961 |
$0.24B |
7.87% |
| 1960 |
$0.19B |
7.46% |
