Israel | Military expenditure (current USD)

The indicator "Military expenditure (current USD)" represents the total amount spent by Israel on its military forces over a specified period. This expenditure includes costs for peacekeeping forces, ministries of defense, and other government agencies involved in defense-related projects. It encompasses various components such as military and civilian personnel costs (including pensions and social services), operations and maintenance, procurement of equipment, and research and development in the defense sector.The chart provided illustrates Israel's military spending over a 20-year period, from 2003 to 2022. It is notable that the years 2021 and 2022 represent the highest levels of military expenditure, with spending reaching 23 billion and 24 billion U.S. dollars, respectivel