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 (GDP) in current prices in Israel amounted to about 540.38 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 515.31 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 190.05 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear 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.

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.

The Gross Domestic Product (GDP) in Israel expanded 2.75 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Israel GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Israel: Value added in the agricultural sector as percent of GDP: The latest value from 2024 is 1.28 percent, a decline from 1.29 percent in 2023. In comparison, the world average is 9.68 percent, based on data from 151 countries. Historically, the average for Israel from 1995 to 2024 is 1.63 percent. The minimum value, 1.16 percent, was reached in 2022 while the maximum of 2.14 percent was recorded in 2009.

The per capita consumer spending in Israel was forecast to continuously increase between 2024 and 2029 by in total 4,113.3 U.S. dollars (+15.23 percent). After the sixth consecutive increasing year, the per capita consumer spending is estimated to reach 31,125.48 U.S. dollars and therefore a new peak in 2029. Consumer spending, shown here as per capita spending, 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 per capita consumer spending in countries like Iran and Qatar.

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 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.

Israel recorded a Government Debt to GDP of 69 percent of the country's Gross Domestic Product in 2024. This dataset provides - Israel Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

Key information about Israel Foreign Exchange Reserves

• Israel Foreign Exchange Reserves was measured at 211.7 USD bn in Jan 2025, compared with 210.1 USD bn in the previous month
• Israel Foreign Exchange Reserves: USD mn data is updated monthly, available from Dec 2001 to Jan 2025
• The data reached an all-time high of 215.8 USD bn in Sep 2024 and a record low of 22.9 USD bn in Apr 2003

CEIC calculates monthly Foreign Exchange Reserves as the sum of Foreign Currency Reserves and Other Reserve Assets, which include other financial instruments denominated in foreign currency. The Bank of Israel provides Foreign Exchange Reserves in USD.


Further information about Israel Foreign Exchange Reserves

• In the latest reports, Israel Foreign Exchange Reserves equaled 28.7 Months of Import in Jan 2025.
• Its Money Supply M2 increased 385.9 USD bn YoY in Dec 2024.
• Israel Domestic Credit reached 742.6 USD bn in Apr 2023, representing an increased of 12.9 % YoY.
• The country's Non Performing Loans Ratio stood at 0.8 % in Sep 2024, compared with the ratio of 0.8 % in the previous quarter.
• Household Debt of Israel reached 42.7 % in Sep 2024, accounting for 42.7 % of the country's Nominal GDP.

The absolute economic contribution of tourism in Israel was forecast to continuously increase between 2024 and 2029 by in total 8.5 billion U.S. dollars (+37.06 percent). After the ninth consecutive increasing year, the economic contribution is estimated to reach 31.6 billion U.S. dollars and therefore a new peak in 2029. Depited is the economic contribution of the tourism sector in the country or region at hand.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 up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the absolute economic contribution of tourism in countries like Bahrain and Jordan.

The international tourism expenditure in Israel was forecast to continuously increase between 2024 and 2029 by in total 15.9 billion U.S. dollars (+101.29 percent). According to this forecast, in 2029, the expenditure will have increased for the ninth consecutive year to 31.6 billion U.S. dollars. Covered are expenditures of international outbound visitors to other countries from the selected region, including payments to foreign carriers for international transport. Domestic tourism expenditures are not included. The forecast has been adjusted for the expected impact of COVID-19.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 international tourism expenditure in countries like Kuwait and Bahrain.

******* 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.

Exports in Israel decreased to 3618.50 USD Million in June from 4409.70 USD Million in May of 2025. This dataset provides - Israel Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

FDI: Parent Company Accounts: Israel data was reported at 0.000 USD th in Dec 2024. This records a decrease from the previous number of 2,832.919 USD th for Jun 2024. FDI: Parent Company Accounts: Israel data is updated quarterly, averaging 0.000 USD th from Jun 2000 (Median) to Dec 2024, with 79 observations. The data reached an all-time high of 45,175.888 USD th in Jun 2014 and a record low of -56,909.948 USD th in Mar 2019. FDI: Parent Company Accounts: Israel data remains active status in CEIC and is reported by Ministry of Economy. The data is categorized under Global Database’s Mexico – Table MX.O008: Foreign Direct Investments: by Country and Type of Investment.

Israel recorded a Government Budget deficit equal to 6.90 percent of the country's Gross Domestic Product in 2024. This dataset provides - Israel Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The ratio of military expenditure to gross domestic product (GDP) in Israel increased by 0.9 percentage points (+20.18 percent) in 2023 in comparison to the previous year. In total, the ratio amounted to 5.32 percent in 2023. This increase was preceded by a declining ratio.Military expenditure refers to the total amount of money spent on a country's armed forces, including peacekeeping and defense operations. This figure is then given as a share of its gross domestic product (not total government expenditure). When comparing international figures there may be some discrepancies depending on what countries consider military spending.Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Jordan and Iran.

The United States led the ranking of the countries with the highest military spending in 2023, with 916 billion U.S. dollars dedicated to the military. That constituted over 40 percent of the total military spending worldwide that year, which amounted to 2.4 trillion U.S. dollars. This amounted to 3.5 percent of the U.S. gross domestic product (GDP), placing the U.S. lower in the ranking of military expenditure as a percentage of GDP than for instance Saudi Arabia, Israel, Algeria, and Russia. China was the second largest military spender with an estimated 296 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 2.44 trillion U.S. dollars in 2023. 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.