How costly is Israel's enmity with Palestine? Every year Rs 2 lakh crore is destroyed.

According to IMF, Israel is the 13th largest economy in the world whose GDP is estimated at 564 billion dollars. In terms of defense budget in comparison to GDP, Qatar is ahead of Israel, which spends 7 percent on defense in comparison to its GDP.

The war between Israel and Palestine is in discussion again. The fighting continues from both sides. If we talk about Israel, every year it spends more than 4 percent of its total GDP in strengthening the security of its country. This can also be said in this way that enmity with Palestine is very costly for Israel. Which you cannot guess at all. The surprising thing is that even India, China, Russia and America do not spend much on defense budget in comparison to their GDP. In such a situation, Israel is the fourth largest country in the world in this matter. So let us also tell you how much Israel spends in its defense budget.

What is Israel's defense budget?

According to the report of Stockholm International Peace Research Institute, Israel's defense budget is about Rs 2 lakh crore i.e. 23.4 billion dollars. The surprising thing is that this budget is 4.5 percent of Israel's total GDP. Whereas Israel's share in the global defense expenditure remains around 1 percent. In such a situation, you can imagine how costly the enmity with Palestine is costing Israel. If everything goes well and spend this budget to repay its debt, Israel may become debt-free in about 7 years. Well this is an impossible thing. But you may definitely be shocked to see Israel's defense budget.

world's fourth largest country

Yes, even though Israel is behind many countries in terms of defense budget, on the basis of GDP, the budget expenditure on defense makes Israel the fourth largest country in the world. In this matter, big countries like Russia, America, India and China are also lagging behind. According to IMF, Israel is the 13th largest economy in the world whose GDP is estimated at 564 billion dollars. In terms of defense budget in comparison to GDP, Qatar is ahead of Israel, which spends 7 percent on defense in comparison to its GDP. At the same time, Saudi Arabia's annual defense budget is 75 billion dollars, which is 7.4 percent of the GDP. The name of Ukraine is visible at the top. Whose defense budget may be 44 billion dollars, which increased during the war with Russia, but this budget is 34 percent more than the GDP.

Condition of Russia, America, Russia and India

If we talk about the world's economic superpowers, America's total defense budget is 877 billion dollars, which is 3.5 percent of its total GDP. Whereas Russia spends 86.4 billion dollars on defense budget. Compared to GDP which is only 4.1 percent. If we talk about India, according to the report, there is a defense budget of 81.4 billion dollars which is 2.4 percent of the GDP. The only country in the world that spends the most on America's defense is China, whose budget is 292 billion dollars. But compared to GDP this budget is not even 2 percent. Yes, this figure remains only 1.6 percent.