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 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 for 2018 was $19.90B, a 2.8% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $800.67B
United Kingdom $68.37B
France $56.65B
Germany $56.02B
Saudi Arabia $55.56B
Japan $54.12B
South Korea $50.23B
Italy $32.01B
Australia $31.75B
Canada $26.45B
Israel $24.34B
Spain $19.54B
Netherlands $13.75B
Poland $13.71B
Qatar $11.59B
Singapore $11.12B
Kuwait $9.02B
Norway $8.25B
Greece $8.08B
Sweden $7.89B
Belgium $6.31B
Chile $6.23B
Finland $5.90B
Oman $5.78B
Switzerland $5.74B
Denmark $5.39B
Portugal $4.91B
Czech Republic $3.94B
Austria $3.83B
New Zealand $3.39B
Hungary $2.78B
Argentina $2.59B
Slovak Republic $1.98B
Croatia $1.74B
Bahrain $1.38B
Ireland $1.27B
Uruguay $1.26B
Lithuania $1.24B
Latvia $0.83B
Estonia $0.76B
Slovenia $0.73B
Cyprus $0.52B
Luxembourg $0.46B
Brunei $0.45B
Trinidad and Tobago $0.21B
Malta $0.08B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
Israel Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $24.34B 5.17%
2020 $21.82B 5.36%
2019 $20.34B 5.11%
2018 $19.90B 5.33%
2017 $19.36B 5.48%
2016 $17.43B 5.47%
2015 $16.46B 5.49%
2014 $17.74B 5.73%
2013 $16.25B 5.55%
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%