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Israel General government final consumption expenditure (annual % growth)
What is Israel's general government final consumption expenditure (annual % growth)? As of 2023, it's 8.1 annual % growth, up from 3.2 annual % growth in 2014.
Author: Wantstats Research TeamSource: World Bank and Wantstats Repository
| Label | General government final consumption expenditure (annual % growth) |
|---|---|
| 2014 | 3.1755 annual % growth |
| 2015 | 3.2081 annual % growth |
| 2016 | 4.3775 annual % growth |
| 2017 | 3.4888 annual % growth |
| 2018 | 3.7894 annual % growth |
| 2019 | 2.8342 annual % growth |
| 2020 | 2.4291 annual % growth |
| 2021 | 5.3212 annual % growth |
| 2022 | 0.2977 annual % growth |
| 2023 | 8.1357 annual % growth |
Data Source: World Bank and Wantstats Repository
Israel General government final consumption expenditure (annual % growth): Key Points
- Israel's general government final consumption expenditure didn't stay still: 3.18 % in 2014 became 8.14 % by 2023, up for a 156% rise overall.
- 2016: leaps to 4.38 % (+36%).
- 2021: surges to 5.32 % (+119%).
- 2022: collapses to 0.2977 % (-94%).
- 2023: spikes to 8.14 % (+2633%).
- 2023: Ends the series at 8.14 % — 156.2% above the 2014 baseline.
Making Sense Of The Swings
Resist the instinct to draw a straight line through this. The path bends both directions, and the next year could plausibly go either way.
Timing matters here: 2020 is when most of the world went through some version of pandemic disruption. This chart's dip landing in that same year is worth keeping in mind, even without certainty about the specific cause.
The single most useful thing to do with this chart is compare Israel against its neighbors or peers on the same general government final consumption expenditure series, not read the line in isolation — a number only means something relative to where everyone else stands.
This series reflects Israel's official reporting via the linked source. Statistics of this kind are typically benchmarked against periodic censuses or surveys, with intervening years estimated.
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