Israel : Government Expenditure as a Share of GDP

Created at

2024-08-04 06:52

Category

Economics

Expenses are cash payments for a government's operational activities in providing goods and services. These expenses include employee compensation (such as wages and salaries), interest, subsidies, grants, social benefits, and other expenses such as rent and dividends. The chart displays expense rates as a percentage of GDP in Israel over a 22-year period, from 2000 to 2021. Israel has seen fluctuations in these rates, with government expenditures peaking at 45.81% of GDP in 2002, dropping to 35.10% in 2019, and rising again to 41.64% in 2020.