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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $876.94B
Saudi Arabia $75.01B
United Kingdom $68.46B
Germany $55.76B
France $53.64B
South Korea $46.37B
Japan $45.99B
Italy $33.49B
Australia $32.30B
Canada $26.90B
Israel $23.41B
Spain $20.31B
Poland $16.57B
Netherlands $15.61B
Qatar $15.41B
Singapore $11.69B
Norway $8.39B
Kuwait $8.24B
Greece $8.10B
Sweden $7.72B
Belgium $6.87B
Switzerland $6.15B
Oman $5.78B
Chile $5.57B
Denmark $5.47B
Finland $4.82B
Czech Republic $4.01B
Austria $3.63B
Portugal $3.50B
New Zealand $2.83B
Argentina $2.58B
Hungary $2.57B
Slovak Republic $1.99B
Lithuania $1.73B
Bahrain $1.38B
Uruguay $1.38B
Croatia $1.31B
Ireland $1.16B
Latvia $0.85B
Estonia $0.81B
Slovenia $0.74B
Luxembourg $0.56B
Cyprus $0.49B
Brunei $0.44B
Trinidad and Tobago $0.20B
Malta $0.09B
Seychelles $0.03B
Barbados $0.00B
Faroe Islands $0.00B
Monaco $0.00B
Panama $0.00B
UAE $0.00B
Bermuda $0.00B
Cayman Islands $0.00B
St. Kitts and Nevis $0.00B
St. Martin (French part) $0.00B
Turks and Caicos Islands $0.00B
Andorra $0.00B
Bahamas $0.00B
Curacao $0.00B
Hong Kong $0.00B
Macao $0.00B
Aruba $0.00B
Guam $0.00B
French Polynesia $0.00B
Sint Maarten (Dutch part) $0.00B
Channel Islands $0.00B
Greenland $0.00B
Virgin Islands (U.S.) $0.00B
Iceland $0.00B
New Caledonia $0.00B
Puerto Rico $0.00B
British Virgin Islands $0.00B
Gibraltar $0.00B
Liechtenstein $0.00B
Northern Mariana Islands $0.00B
Antigua and Barbuda $0.00B
Isle of Man $0.00B
Palau $0.00B
San Marino $0.00B
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%