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.

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.

• 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.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

For the 70 percent of the world's poor who live in rural areas, agriculture is the main source of income and employment. But depletion and degradation of land and water pose serious challenges to producing enough food and other agricultural products to sustain livelihoods here and meet the needs of urban populations. Data presented here include measures of agricultural inputs, outputs, and productivity compiled by the UN's Food and Agriculture Organization.

The gross domestic product (GDP) in current prices in Israel was forecast to continuously increase between 2024 and 2029 by in total 139.2 billion U.S. dollars (+26.36 percent). After the sixth consecutive increasing year, the GDP is estimated to reach 667.23 billion U.S. dollars and therefore a new peak in 2029. 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.Find more key insights for the gross domestic product (GDP) in current prices in countries like Oman, Syria, and Yemen.

Income from capital was the main source of annual household income for the top percentile of earners in Israel during 2021. That year, earnings from capital reached 3.1 million Israeli shekels on average, about 818,000 U.S. dollars, which represented about 66 percent of annual income. Over the period observed, capital income grew significantly, peaking in 2017 at 4.6 million Israeli shekels, about 1.2 million U.S. dollars. The 2017 spike was due to a government decision to implement a one-time tax incentive to release "trapped" capital gains taxes. On the other hand, employment income accounted for almost 28 percent of household earnings among the wealthiest in the country.

Israel General Government Revenue: Income Tax: ow Deduction at Source data was reported at 1,755.647 ILS mn in Jan 2018. This records an increase from the previous number of 823.091 ILS mn for Nov 2017. Israel General Government Revenue: Income Tax: ow Deduction at Source data is updated monthly, averaging 438.050 ILS mn from Jan 1995 (Median) to Jan 2018, with 275 observations. The data reached an all-time high of 7,219.875 ILS mn in Oct 2017 and a record low of 225.030 ILS mn in Jun 1996. Israel General Government Revenue: Income Tax: ow Deduction at Source data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.F002: General Government Revenue and Expenditure. The indicator includes deductions for companies and for the self-employed; the division between them is not reported.

Primary income payments (BoP, current US$) in Israel was reported at 24978900000 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Israel - Income payments (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

The top publicly traded company in Israel, by revenue, was Teva Pharmaceutical Industries. The company made 16 billion U.S. dollars in annual revenue by the first quarter of 2024. The second and third-highest ranked firms were the financial services Harel Group and Israel Chemicals, bringing in just over seven billion U.S. dollars each.

Merchandise imports from high-income economies (% of total merchandise imports) in Israel was reported at 69.98 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Israel - Merchandise imports from high-income economies (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Israel IL: GDP: Growth: Adjusted Net National Income per Capita data was reported at 2.707 % in 2016. This records a decrease from the previous number of 3.098 % for 2015. Israel IL: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 3.027 % from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 8.288 % in 1972 and a record low of -6.632 % in 1984. Israel IL: GDP: Growth: Adjusted Net National Income 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: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

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.

Taxes on income, profits and capital gains (current LCU) in Israel was reported at 227273000000 LCU in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Israel - Taxes on income, profits and capital gains (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Israel Freshwater: Tax Revenue: % of GDP: Resources data was reported at 0.000 % in 2019. This records a decrease from the previous number of 0.000 % for 2018. Israel Freshwater: Tax Revenue: % of GDP: Resources data is updated yearly, averaging 0.029 % from Dec 2009 (Median) to 2019, with 11 observations. The data reached an all-time high of 0.043 % in 2010 and a record low of 0.000 % in 2019. Israel Freshwater: Tax Revenue: % of GDP: Resources 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.ESG: Environmental: Environmentally Related Tax Revenue: Natural Resource Management Domains: OECD Member: Annual.

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.

Taxes on income, profits and capital gains (% of total taxes) in Israel was reported at 51.52 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Israel - Taxes on income, profits and capital gains (% of total taxes) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Israel IL: GDP: USD: Adjusted Net National Income per Capita data was reported at 31,884.847 USD in 2016. This records an increase from the previous number of 30,683.481 USD for 2015. Israel IL: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 12,506.168 USD from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 32,271.992 USD in 2014 and a record low of 1,924.478 USD in 1971. Israel IL: GDP: USD: Adjusted Net National Income 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. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted Average;

Revenue, excluding grants (% of GDP) in Israel was reported at 33.19 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Israel - Revenue, excluding grants (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in Israel was reported at 2.3375 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Israel - Merchandise imports from developing economies in South Asia (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Israel IL: Social Contributions: % of Revenue data was reported at 17.163 % in 2016. This records an increase from the previous number of 16.989 % for 2015. Israel IL: Social Contributions: % of Revenue data is updated yearly, averaging 9.745 % from Dec 1974 (Median) to 2016, with 43 observations. The data reached an all-time high of 17.785 % in 2009 and a record low of 4.784 % in 1986. Israel IL: Social Contributions: % of Revenue 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: Government Revenue, Expenditure and Finance. Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

This scatter chart displays electricity production from renewable sources, excluding hydroelectric (% of total) against tax revenue (% of GDP) and is filtered where the country is Israel. The data is about countries per year.