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.

The largest contributor to gross domestic product (GDP) in Israel in 2023 was the advanced services industry, which provides financial, scientific and other services. It accounted for almost ** percent of the economy that year. It was followed by the information and communications sector, at **** percent. By comparison, agricultural production amounted to about *** percent of GDP. The total GDP of Israel reached over *** billion U.S. dollars.

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 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.

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.

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

The total gross domestic product (GDP) of Israel reached over *** trillion Israeli shekels in 2023 (about *** billion U.S. dollars). Advanced services, such as financial and scientific services, accounted for the largest share of GDP, reaching over *** billion Israeli shekels (some ** billion U.S. dollars). It was followed by the information and communications sector. By comparison, agricultural production amounted to only ** billion Israeli shekels (about *** billion U.S. dollars).

Israel IL: Population in Largest City data was reported at 3,905,583.000 Person in 2017. This records an increase from the previous number of 3,802,958.000 Person for 2016. Israel IL: Population in Largest City data is updated yearly, averaging 1,701,658.000 Person from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 3,905,583.000 Person in 2017 and a record low of 738,158.000 Person in 1960. Israel IL: Population in Largest City 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: Population and Urbanization Statistics. Population in largest city is the urban population living in the country's largest metropolitan area.; ; United Nations, World Urbanization Prospects.; ;

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 IL: Population in Largest City: as % of Urban Population data was reported at 48.549 % in 2017. This records an increase from the previous number of 48.235 % for 2016. Israel IL: Population in Largest City: as % of Urban Population data is updated yearly, averaging 43.148 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 48.583 % in 1996 and a record low of 39.459 % in 1980. Israel IL: Population in Largest City: as % of Urban Population 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: Population and Urbanization Statistics. Population in largest city is the percentage of a country's urban population living in that country's largest metropolitan area.; ; United Nations, World Urbanization Prospects.; Weighted average;

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 ****.

The average for 2023 based on 193 countries was -0.07 points. The highest value was in Liechtenstein: 1.61 points and the lowest value was in Syria: -2.75 points. The indicator is available from 1996 to 2023. Below is a chart for all countries where data are available.

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.

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 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

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 ****.

******* 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.

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.