The cost of genocide: Israel’s war on Gaza by the numbers
Why it matters: The immense financial and human cost of the conflict underscores the unsustainable nature of the status quo and raises questions about the long-term economic and social consequences for both Israelis and Palestinians, potentially destabilizing the region further.
- The Bank of Israel estimates the overall economic toll of the war at $112 billion, including direct defense costs, property tax compensation, civilian outlays, and interest payments.
- Gil Pinchas, former chief military economic advisor, calculated Israel's expenditure on the Gaza war at $48 billion, or $96 million daily, highlighting the detailed cost tracking of military resources.
- The United Nations Relief and Works Agency (UNRWA) reports an average of 100 Palestinians killed daily, underscoring the human cost alongside the financial burden.
Since October 2023, Israel's war on Gaza has cost an estimated $112 billion, according to the Bank of Israel, with direct defense costs making up the bulk of the expenditure. Former military advisor Gil Pinchas estimates the Gaza war alone cost Israel $48 billion, averaging $96 million per day, while UNRWA reports an average of 100 Palestinians killed daily.
