Just Released: "Israel Defence & Security Report Q2 2014"
BMI expects Israel's defence budget to reach US$17.6bn in 2014. On average, we expect Israel to spend US $19.8bn on defence in the years 2014-2018, a significant increase on the yearly average of US$15bn which Israel was spending between 2010 and 2013. In terms of its Gross Domestic Product (GDP) we expect Israel to spend 6.2 percent of its GDP on defence in 2014. On average, we expect Israel to spend 6.1 percent of its GDP on defence between 2014...
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