Israel’s war with Iran incurred NIS 35 billion ($11.52 billion) in budgetary expenses, with NIS 22 billion of that going to defense, the Finance Ministry said on Sunday, citing a preliminary estimate.
The amount has already been added to the 2026 budget, the Finance Ministry said.
The costs largely match US estimates of its own expenditures during the war, which were at least $11.3 billion, according to a congressional briefing on March 12.
Notably, the US figure did not include the entire cost of the war, but was provided to lawmakers as they clamored for more information about the conflict.
Meanwhile, Iran has estimated its war losses at $145 billion, according to open-source intelligence assessments.