The Gross Domestic Product (GDP) in Israel was worth 540.38 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Israel represents 0.51 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 per capita in Israel was last recorded at 41845.17 US dollars in 2024. The GDP per Capita in Israel is equivalent to 331 percent of the world's average. This dataset provides - Israel GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical dataset showing Israel GDP per capita by year from 1960 to 2023.

Historical dataset showing Israel GDP by year from 1960 to 2023.

Israel IL: GDP: per Capita data was reported at 144,955.007 ILS in 2017. This records an increase from the previous number of 142,795.532 ILS for 2016. Israel IL: GDP: per Capita data is updated yearly, averaging 19,592.042 ILS from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 144,955.007 ILS in 2017 and a record low of 0.246 ILS in 1960. Israel IL: GDP: per Capita 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: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP 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 local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Graph and download economic data for Gross Domestic Product Per Capita for Israel (PCAGDPILA646NWDB) from 1960 to 2024 about Israel, per capita, and GDP.

Israel: GDP per capita, constant dollars: The latest value from 2024 is 41845.17 U.S. dollars, a decline from 42011.62 U.S. dollars in 2023. In comparison, the world average is 15841.40 U.S. dollars, based on data from 178 countries. Historically, the average for Israel from 1960 to 2024 is 24719.1 U.S. dollars. The minimum value, 8790.79 U.S. dollars, was reached in 1960 while the maximum of 42516.39 U.S. dollars was recorded in 2022.

Israel IL: GDP: Real: per Capita data was reported at 127,630.038 ILS in 2017. This records an increase from the previous number of 125,920.030 ILS for 2016. Israel IL: GDP: Real: per Capita data is updated yearly, averaging 76,403.237 ILS from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 127,630.038 ILS in 2017 and a record low of 32,712.727 ILS in 1960. Israel IL: GDP: Real: per Capita 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: Gross Domestic Product: Real. GDP per capita is gross domestic product divided by midyear population. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Israel IL: GDP data was reported at 1,262,906.000 ILS mn in 2017. This records an increase from the previous number of 1,220,330.620 ILS mn for 2016. Israel IL: GDP data is updated yearly, averaging 87,831.861 ILS mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 1,262,906.000 ILS mn in 2017 and a record low of 0.520 ILS mn in 1960. Israel IL: GDP 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: Gross Domestic Product: Nominal. 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 local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Graph and download economic data for Constant GDP per capita for Israel (NYGDPPCAPKDISR) from 1960 to 2024 about Israel, per capita, real, and GDP.

Graph and download economic data for Gross Domestic Product for Israel (MKTGDPILA646NWDB) from 1960 to 2024 about Israel and GDP.

Israel: Gross Domestic Product, billions of 2015 U.S. dollars: The latest value from 2024 is 417.4 billion U.S. dollars, an increase from 413.8 billion U.S. dollars in 2023. In comparison, the world average is 528.3 billion U.S. dollars, based on data from 177 countries. Historically, the average for Israel from 1960 to 2024 is 156.6 billion U.S. dollars. The minimum value, 18.6 billion U.S. dollars, was reached in 1960 while the maximum of 417.4 billion U.S. dollars was recorded in 2024.

Israel IL: GDP: Real data was reported at 1,111,963.944 ILS mn in 2017. This records an increase from the previous number of 1,076,112.578 ILS mn for 2016. Israel IL: GDP: Real data is updated yearly, averaging 342,270.195 ILS mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 1,111,963.944 ILS mn in 2017 and a record low of 69,155.360 ILS mn in 1960. Israel IL: GDP: Real 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: Gross Domestic Product: Real. GDP 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Israel: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 540.38 billion U.S. dollars, an increase from 512.18 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for Israel from 1960 to 2024 is 134.26 billion U.S. dollars. The minimum value, 2.97 billion U.S. dollars, was reached in 1962 while the maximum of 540.38 billion U.S. dollars was recorded in 2024.

Government spending in Israel was last recorded at 45.1 percent of GDP in 2024 . This dataset provides - Israel Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel IL: GDP: % of GDP: Imports of Goods and Services data was reported at 28.179 % in 2016. This records a decrease from the previous number of 28.258 % for 2015. Israel IL: GDP: % of GDP: Imports of Goods and Services data is updated yearly, averaging 35.650 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 52.466 % in 1978 and a record low of 11.122 % in 1960. Israel IL: GDP: % of GDP: Imports of Goods and Services 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: Gross Domestic Product: Share of GDP. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Graph and download economic data for Deposit Money Bank Assets to GDP for Israel (DDDI02ILA156NWDB) from 1960 to 2021 about Israel, deposits, assets, banks, depository institutions, and GDP.

Graph and download economic data for Ratio of GNP to GDP for Israel (GNPGDPILA156NUPN) from 1960 to 2010 about GNP, Israel, ratio, and GDP.

The decades that followed the Second World War were among the most prosperous in modern history, and are referred to as the Golden Age of Capitalism in many countries. This period came to an end, however, with the 1973-1975 recession. Differences across the bloc Across the OECD member states, there was a significant drop in real GDP growth over the two decades, falling from an average of five percent annual growth in the 1960s to just 3.5 percent annually in most of the 1970s. Of all OECD countries shown here, Japan experienced the highest rate of real GDP growth in both decades, although it dropped from 11 to six percent between these years (Japan's real GDP growth was still higher in the 1970s than the other members' rates in the 1960s). Switzerland saw the largest relative decline over the two periods, with growth in the 1970s below one third of its growth rate in the 1960s. What caused the end of rapid growth? The Yom Kippur War between Israel and its Arab neighbors (primarily Egypt and Syria) resulted in the Arab oil-producing states placing an embargo on Israel's Western allies. This resulted in various energy and economic crises, compounded by other issues such as the end of the Bretton Woods financial system, which had far-reaching consequences for the OECD bloc. Additionally, the cost of agricultural goods and raw materials increased, and there was a very rare case of stagflation across most of the world's leading economies.

Israel: Liquid liabilities, percent of GDP: The latest value from 2021 is 109.89 percent, an increase from 105.03 percent in 2020. In comparison, the world average is 82.43 percent, based on data from 134 countries. Historically, the average for Israel from 1960 to 2021 is 72.41 percent. The minimum value, 26.94 percent, was reached in 1960 while the maximum of 109.89 percent was recorded in 2021.