In 2025, Israel was given a score of **** on the Economic Freedom Index published by The Heritage Foundation. This positions the country's economy as the top 26th most liberal in the world, just below the United States. The world average economic freedom score in 2021 was ****.

Key information about Israel GDP Per Capita

• Israel Gross Domestic Product (GDP) per Capita reached 54,382.477 USD in Dec 2024, compared with 51,872.715 USD in Dec 2023.
• Israel GDP Per Capita data is updated yearly, available from Dec 1995 to Dec 2024, with an average number of 0.000 USD.
• 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.

• In the latest reports, Israel GDP expanded 3.518 % YoY in Sep 2025.
• Israel Nominal GDP reached 159.219 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 1.267 % in Sep 2025.
• Gross Savings Rate of Israel was measured at 24.641 % in Sep 2025.

Israel IL: Ease of Doing Business Index: 1=Most Business-friendly Regulations data was reported at 54.000 NA in 2017. Israel IL: Ease of Doing Business Index: 1=Most Business-friendly Regulations data is updated yearly, averaging 54.000 NA from Dec 2017 (Median) to 2017, with 1 observations. Israel IL: Ease of Doing Business Index: 1=Most Business-friendly Regulations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Israel – Table IL.World Bank.WDI: Business Environment. Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; ; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.

In 2025, the trade freedom sub-score of Israel in the Economic Freedom Index was ****. This was a slight decrease compared to the previous year. Over the years observed, the trade freedom score saw fluctuations.

Israel GOI: Total Rank data was reported at 23.000 NA in 2019. This records an increase from the previous number of 18.000 NA for 2018. Israel GOI: Total Rank data is updated yearly, averaging 23.000 NA from Dec 2017 (Median) to 2019, with 3 observations. The data reached an all-time high of 25.000 NA in 2017 and a record low of 18.000 NA in 2018. Israel GOI: Total Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Israel – Table IL.Milken: Global Oportunity Index.

In 2025, the monetary freedom sub-score of Israel in the Economic Freedom Index ranking was ****. This was a decline of *** points compared to 2022. That year, the monetary freedom score stood at ****.

In 2025, the fiscal health sub-score of Israel in the Economic Freedom Index ranking was ****. This was a major increase of **** points compared to 2022, when the fiscal health score stood at only ****.

In 2025, the government integrity sub-score of Israel in the Economic Freedom Index amounted to ****. That was a *** points decrease compared to the previous year. The government integrity score peaked in 2023 at ****.

Actual value and historical data chart for Israel Control Of Corruption Percentile Rank

In 2025, the labor freedom sub-score of Israel in the Economic Freedom was ****. This was a slight rise compared to the previous year. There was a significant drop in the labor freedom score in 2022, which began slow recovery in the recent years.

This statistic shows gross domestic product (GDP) of the MENA countries in 2024. The MENA region in North Africa and the Middle East comprises the countries Algeria, Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates, and Yemen. In 2024, the GDP of Saudi Arabia amounted to approximately 1.085 trillion U.S. dollars.

Israel's total Exports in 2024 were valued at US$60.26 Billion, according to the United Nations COMTRADE database on international trade. Israel's main export partners were: the United States, Ireland and China. The top three export commodities were: Electrical, electronic equipment; Optical, photo, technical, medical apparatus and Pearls, precious stones, metals, coins. Total Imports were valued at US$91.87 Billion. In 2024, Israel had a trade deficit of US$31.61 Billion.

In 2022, Israel invested *** percent of the country's gross domestic product (GDP) into research and development, the highest worldwide. In South Korea, the expenditure on R&D reached over **** percent of its GDP.

Kuwait and Saudi Arabia were expected to have the highest GDP (Gross Domestic Product) growth in the Gulf Cooperation Council in 2022 at an *** and *** percent increase, respectively. Outside the GCC, Iraq and Israel were expected to see the biggest increase in GDP at *** and *** percent, respectively. Apart from Jordan and Yemen, all other countries in the Middle East region were forecast to see a significant drop in GDP growth in 2023 over 2022. GDP contributors Travel and tourism were a key contributor to GDP in the region and it was forecast to see a significant increase in the coming years. Additionally, in three of the six GCC countries, oil and gas production amounted to at least ** percent of GDP contribution. The United Arab Emirates ranked fourth worldwide with a ** percent contribution to GDP coming from oil and gas production. Despite this, the distribution of GDP contribution in the UAE comes from many different sectors and industries, leading to one of the more diversified economies in the region. Diversification and self-sufficiency Countries in the region have been striving for more economic diversity to help future-proof their economies. For example, in 2016 Saudi Arabia launched Vision 2030, a program to introduce new and varied revenue streams in the country, create jobs, and attract foreign investment. Furthermore, food self-sufficiency in the GCC has become a priority, with countries pushing to produce more of their food needs locally.

******* had the highest level of the Human Development Index (HDI) worldwide in 2023 with a value of *****. With a score of ****, ****** followed closely behind *********** and had the second-highest level of human development in that year. The rise of the Asian tigers In the decades after the Cold War, the four so-called Asian tigers, South Korea, Singapore, Taiwan, and Hong Kong (now a Special Administrative Region of China) experienced rapid economic growth and increasing human development. At number eight and number 13 of the HDI, respectively, *********************** are the only Asian locations within the top-15 highest HDI scores. Both locations have experienced tremendous economic growth since the 1980’s and 1990’s. In 1980, the per capita GDP of Hong Kong was ***** U.S. dollars, increasing throughout the decades until reaching ****** in 2023, which is expected to continue to increase in the future. Meanwhile, in 1989, Singapore had a GDP of nearly ** billion U.S. dollars, which has risen to nearly *** billion U.S. dollars today and is also expected to keep increasing. Growth of the UAE The United Arab Emirates (UAE) is the only Middle Eastern country besides Israel within the highest ranking HDI scores globally. Within the Middle East and North Africa (MENA) region, the UAE has the third-largest GDP behind Saudi Arabia and Israel, reaching nearly *** billion U.S. dollars by 2022. Per capita, the UAE GDP was around ****** U.S. dollars in 1989, and has nearly doubled to ****** U.S. dollars by 2021. Moreover, this is expected to reach over ****** U.S. dollars by 2029. On top of being a major oil producer, the UAE has become a hub for finance and business and attracts millions of tourists annually.

The United States led the ranking of the countries with the highest military spending in 2024, with 997 billion U.S. dollars dedicated to the military. That constituted almost 40 percent of the total military spending worldwide that year, which amounted to 2.7 trillion U.S. dollars. This amounted to 3.4 percent of the U.S.'s gross domestic product (GDP), placing the country lower in the ranking of military expenditure as a percentage of GDP, compared to Ukraine, Israel, Algeria, Saudi Arabia, and Russia. China was the second largest military spender, with an estimated 314 billion U.S. dollars spent, with Russia following in third. Defense budgetAccording to the U.S. Congressional Budget Office, the outlays for defense will rise to 1.1 trillion U.S. dollars by 2033. The largest parts of the budget are dedicated to the Departments of the Navy and the Air Force. The budget for the U.S. Air Force for 2024 was nearly 260 billion U.S. dollars.Global military spendingThe value of military spending globally has grown steadily in the past years and reached 2.7 trillion U.S. dollars in 2024. Reasons for this are the outbreak of the Russia-Ukraine war in 2022, the war in Gaza, as well as increasing tensions in the South China Sea. North America is by far the leading region worldwide in terms of expenditure on the military.

The statistic shows gross domestic product (GDP) per capita in the MENA countries in 2023. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. The MENA region in North Africa and Asia comprises Algeria, Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates and Yemen. In 2023, the estimated GDP per capita in Algeria amounted to around ******** U.S. dollars.