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Country vs country: Israel and United States compared: Economy > Government spending stats

Definitions

  • Goods and services expense > % of expense: Goods and services expense (% of expense). Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU: Goods and services expense (current LCU). Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU per capita: Goods and services expense (current LCU). Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Figures expressed per capita for the same year.
  • Subsidies and other transfers > Current LCU: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.
  • Subsidies and other transfers > Current LCU per capita: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind. Figures expressed per capita for the same year.
STAT Israel United States HISTORY
Goods and services expense > % of expense 26.81%
Ranked 4th. 2 times more than United States
12.1%
Ranked 55th.

Goods and services expense > Current LCU 103.63 billion
Ranked 3rd.
473.84 billion
Ranked 20th. 5 times more than Israel

Goods and services expense > Current LCU per capita 13,104.85
Ranked 2nd. 9 times more than United States
1,520.72
Ranked 55th.

Subsidies and other transfers > Current LCU 121.21 billion
Ranked 3rd.
2.57 trillion
Ranked 14th. 21 times more than Israel

Subsidies and other transfers > Current LCU per capita 15,327.65
Ranked 2nd. 86% more than United States
8,247.11
Ranked 44th.

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators.; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.

Citation

"Economy > Government spending: Israel and United States compared", NationMaster. Retrieved from http://www.nationmaster.com/country-info/compare/Israel/United-States/Economy/Government-spending