ISRAEL - Defense Spending Rises in World Ranking

Arno Froese

Israel’s defense spending totaled $19.6 billion in 2017, a two billion dollar increase from the previous year, an annual report by international auditing and consulting firm Deloitte found.

Israel was in 15th place out of 20 countries for defense spending, according to the report.

The US led the pack with spending $606 billion on defense in 2017, followed by China with $226 billion and Russia in third place with $70 billion.

Saudi Arabia took fourth place with $62 billion in 2017, followed by France in fifth with $56 billion in defense spending.

A May report by the Stockholm International Peace Research Institute reported that in 2017 Israel spent 4.7% of its GDP on military spending. That placed it among the 10 countries with the highest military burden in the world, along with seven other Middle Eastern countries.

SIBAT, the military exports unit of the Defense Ministry, said in May that military exports by Israel grew by 40% in 2017, bringing in $9.2 billion in contracts and marking the third consecutive year of increased defense exports.

The largest distribution of Israeli defense exports was in Asia Pacific with 58% followed by Europe with 21%, North America with 14%, Africa with 5% and Latin America at 2%.

-www.jpost.com, 28 August 2018

Arno's commentary

Israel is different from any other country on the face of the earth. While they operate the world’s best military system and can export sophisticated missiles systems to many parts of the world, they are the only country whose borders have been determined by God the Creator. And it’s the only country in the world where all nations—without exception—disagree with God’s border definition.

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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