GDP Growth Annualized in Israel increased to 3.40 percent in the first quarter of 2025 from 1.90 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Israel GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Israel expanded 0.80 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Israel GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Depicted is the growth of the real gross domestic product (GDP) in Israel which stands at approximately 3.25 percent in 2025.Fluctuating decline between 1980 and 2025A total decrease by approximately 0.32 percentage points can be observed between 1980 and 2025. The data emphasizes however that this decrease did not happen continuously.Fluctuating rise between 2025 and 2030In 2030 the growth will stand at roughly 3.39 percent, according to forecasts. This indicates an overall increase by approximately 0.14 percentage points since 2025.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

In the third quarter of 2024, nominal GDP in Israel reached over 508 billion Israeli shekels, some 141.5 billion U.S. dollars. This accounts for a 4.7 percent increase from the previous quarter. After a 1.85 percent drop following the start of the Israel-Hamas war in the fourth quarter of 2023, GDP in the country recovered in the subsequent quarters.

Full Year GDP Growth in Israel decreased to 0.90 percent in 2024 from 1.84 percent in 2023. This dataset includes a chart with historical data for Israel Full Year GDP Growth.

The latest data from show economic growth of 1.39 percent, which is a decrease from the rate of growth of 7.21 percent in the previous quarter and
an increase compared to the growth rate of -0.8 percent in the same quarter last year. The economic growth time series for Israel cover the period...

The Gross Domestic Product (GDP) in Israel was worth 513.61 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Israel represents 0.49 percent of the world economy. This dataset provides - Israel GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) in current prices in Israel lies at approximately 583.36 billion U.S. dollars in 2025.Fluctuating rise between 1980 and 2025Compared to the earliest depicted observation from 1980 there is a total increase by approximately 558.29 billion U.S. dollars. Looking at the trajectory between 1980 and 2025, one can observe that this increase however did not happen continuously.Continuous rise between 2025 and 2030The GDP will be about 730.43 billion U.S. dollars in 2030, according to forecasts. From 2025 onwards, there is an overall increase by approximately 147.07 billion U.S. dollars. This growth reflects a steady upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Key information about Israel Nominal GDP Growth

• Israel Nominal GDP Growth was reported at 11.169 % in Dec 2024.
• This records an increase from the previous number of 5.409 % for Sep 2024.
• Israel Nominal GDP Growth data is updated quarterly, averaging 5.779 % from Mar 1996 to Dec 2024, with 116 observations.
• The data reached an all-time high of 19.031 % in Jun 2021 and a record low of -6.430 % in Jun 2020.
• Israel Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Central Bureau of Statistics provides Nominal GDP in local currency.

GDP, billion currency units in Israel, December, 2024 The most recent value is 527.27 billion Israeli New Shekel as of Q4 2024, an increase compared to the previous value of 509.15 billion Israeli New Shekel. Historically, the average for Israel from Q1 1995 to Q4 2024 is 237.83 billion Israeli New Shekel. The minimum of 70.89 billion Israeli New Shekel was recorded in Q1 1995, while the maximum of 527.27 billion Israeli New Shekel was reached in Q4 2024. | TheGlobalEconomy.com

Israel GDP for 2023 was 509.90 billion US dollars, a 2.88% decline from 2022.

<ul style='margin-top:20px;'>

<li>Israel GDP for 2022 was <strong>525.00 billion US dollars</strong>, a <strong>7.47% increase</strong> from 2021.</li>
<li>Israel GDP for 2021 was <strong>488.53 billion US dollars</strong>, a <strong>18.21% increase</strong> from 2020.</li>
<li>Israel GDP for 2020 was <strong>413.27 billion US dollars</strong>, a <strong>2.68% increase</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Israel IL: GDP: Growth: Volume: Gross Fixed Capital Formation data was reported at 4.128 % in 2026. This records a decrease from the previous number of 7.106 % for 2025. Israel IL: GDP: Growth: Volume: Gross Fixed Capital Formation data is updated yearly, averaging 3.622 % from Dec 1996 (Median) to 2026, with 31 observations. The data reached an all-time high of 14.008 % in 2021 and a record low of -8.055 % in 2024. Israel IL: GDP: Growth: Volume: Gross Fixed Capital Formation data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.EO: GDP: Growth and Contribution to Growth: Forecast: OECD Member: Annual. ITV_ANNPCT - Gross fixed capital formation, total, volume, growth . Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

Key information about Israel GDP Per Capita

• Israel Gross Domestic Product (GDP) per Capita reached 54,191.462 USD in Dec 2024, compared with 51,750.494 USD in Dec 2023.
• Israel GDP Per Capita data is updated yearly, available from Dec 1995 to Dec 2024, with an average number of 30,250.165 USD.
• The data reached an all-time high of 54,396.600 USD in Dec 2022 and a record low of 18,638.043 in Dec 2002.
• CEIC converts annual GDP per Capita into USD. The Central Bureau of Statistics provides GDP per Capita in local currency. The Bank of Israel average market exchange rate is used for currency conversions.

Related information about Israel GDP Per Capita data

• In the latest reports, Israel GDP expanded 4.141 % YoY in Mar 2023.
• Israel Nominal GDP reached 126.952 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 4.369 % in Mar 2023.
• Gross Savings Rate of Israel was measured at 27.169 % in Dec 2024.

The total consumer spending in Israel was forecast to continuously increase between 2024 and 2029 by in total 59.6 billion U.S. dollars (+23.71 percent). After the sixth consecutive increasing year, the consumer spending is estimated to reach 311.2 billion U.S. dollars and therefore a new peak in 2029. Consumer spending here refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending in countries like Iran and Iraq.

Israel IL: GDP: Growth: Volume: Final Consumption Expenditure: Government data was reported at -0.094 % in 2026. This records a decrease from the previous number of 0.836 % for 2025. Israel IL: GDP: Growth: Volume: Final Consumption Expenditure: Government data is updated yearly, averaging 2.870 % from Dec 1996 (Median) to 2026, with 31 observations. The data reached an all-time high of 12.490 % in 2024 and a record low of -1.910 % in 2003. Israel IL: GDP: Growth: Volume: Final Consumption Expenditure: Government data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.EO: GDP: Growth and Contribution to Growth: Forecast: OECD Member: Annual. CGV_ANNPCT - Government final consumption expenditure, volume, growth. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

In 2025, the gross domestic product (GDP) per capita in Israel is approximately 57.76 thousand U.S. dollars.Fluctuating rise between 1980 and 2025A total increase by approximately 51.36 thousand U.S. dollars can be seen between 1980 and 2025. This increase however did not happen continuously.Continuous rise between 2025 and 2030The GDP per capita will stand at close to 67.85 thousand U.S. dollars in 2030, according to forecasts. Compared to 2025 this is an overall increase by approximately 10.09 thousand U.S. dollars. This growth reflects a steady upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

GDP per capita growth (annual %) in Israel was reported at 0.33289 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Israel - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

The gini index in Israel was forecast to continuously decrease between 2024 and 2029 by in total 0.01 points. The gini is estimated to amount to 0.37 points in 2029. The Gini coefficient here measures the degree of income inequality on a scale from 0 (=total equality of incomes) to one (=total inequality).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the gini index in countries like Jordan and Lebanon.

Key information about Israel Investment: % of GDP

• Israel Investment accounted for 24.5 % of its Nominal GDP in Dec 2024, compared with a ratio of 23.1 % in the previous quarter.
• Israel investment share of Nominal GDP data is updated quarterly, available from Mar 1995 to Dec 2024, with an average ratio of 23.8 %.
• The data reached an all-time high of 30.5 % in Dec 1995 and a record low of 19.8 % in Dec 2009.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Gross Capital Formation is calculated as the sum of Gross Fixed Capital Formation and Changes in Inventories. Changes in Inventories are calculated as Resource Use less Resource Use excl Stocks Increase. The Central Bureau of Statistics provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.


Related information about Israel Investment: % of GDP

• In the latest reports, Israel GDP expanded 4.1 % YoY in Mar 2023.
• Israel Nominal GDP reached 127.0 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 4.4 % in Mar 2023.
• Israel GDP Per Capita reached 54,391.2 USD in Dec 2024.
• Its Gross Savings Rate was measured at 27.2 % in Dec 2024.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Israel (ISRGDPRQPSMEI) from Q1 1996 to Q4 2024 about Israel, real, GDP, and rate.