GDP Growth Annualized in Israel increased to 3.50 percent in the first quarter of 2025 from 1.90 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Israel GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2023, the technology industry accounted for nearly 20 percent of Israel's gross domestic product (GDP). This ratio grew by 4.2 percentage points since 2019, when the tech sector contributed 15.5 percent of the GDP. The source notes that in real terms, since 1995, tech output grew over nine-fold.

Israel IL: GDP: % of GDP: Gross Value Added: Services data was reported at 77.858 % in 2016. This records an increase from the previous number of 77.696 % for 2015. Israel IL: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 75.411 % from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 77.858 % in 2016 and a record low of 71.883 % in 1995. Israel IL: GDP: % of GDP: Gross Value Added: 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. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Investment as percent of GDP in Israel, March, 2025 The most recent value is 23.52 percent as of Q1 2025, a decline compared to the previous value of 24.37 percent. Historically, the average for Israel from Q1 1995 to Q1 2025 is 21.36 percent. The minimum of 17.78 percent was recorded in Q3 2004, while the maximum of 26.28 percent was reached in Q4 1995. | TheGlobalEconomy.com

Key information about Israel Nominal GDP

• Israel Nominal GDP reached 133.4 USD bn in Dec 2022, compared with 130.6 USD bn in the previous quarter.
• Nominal GDP in Israel is updated quarterly, available from Mar 1995 to Dec 2022, with an average number of 54.4 USD bn.
• The data reached an all-time high of 137.1 USD bn in Dec 2021 and a record low of 24.8 USD bn in Mar 1995.

• In the latest reports, Israel GDP expanded 2.5 % YoY in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 4.8 % in Dec 2022.
• Israel GDP Per Capita reached 54,724.6 USD in Dec 2022.
• Its Gross Savings Rate was measured at 31.5 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 27.4 % in Dec 2022.
• Public Consumption accounted for 20.5 % in Dec 2022.
• Private Consumption accounted for 47.9 % in Dec 2022.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Israel (NAEXKP06ILA661S) from 1995 to 2022 about Israel, exports, goods, services, real, and GDP.

GDP Constant Prices in Israel increased to 426946.30 ILS Million in the first quarter of 2025 from 423399 ILS Million in the fourth quarter of 2024. This dataset provides - Israel GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP, billion currency units in Israel, March, 2025 The most recent value is 500.76 billion Israeli New Shekel as of Q1 2025, a decline compared to the previous value of 527.27 billion Israeli New Shekel. Historically, the average for Israel from Q1 1995 to Q1 2025 is 240.01 billion Israeli New Shekel. The minimum of 70.89 billion Israeli New Shekel was recorded in Q1 1995, while the maximum of 527.27 billion Israeli New Shekel was reached in Q4 2024. | TheGlobalEconomy.com

Consumption as percent of GDP in Israel, March, 2025 The most recent value is 48.92 percent as of Q1 2025, an increase compared to the previous value of 47.88 percent. Historically, the average for Israel from Q1 1995 to Q1 2025 is 53.13 percent. The minimum of 45.49 percent was recorded in Q4 2023, while the maximum of 59.55 percent was reached in Q3 2008. | TheGlobalEconomy.com

Graph and download economic data for National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Israel (ISRGDPNQDSMEI) from Q1 1995 to Q3 2023 about Israel and GDP.

Graph and download economic data for National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Israel (ISRGDPDEFQISMEI) from Q1 1995 to Q3 2023 about Israel, implicit price deflator, and GDP.

Israel: Income from natural resources, percent of GDP: The latest value from 2021 is 0.44 percent, an increase from 0.27 percent in 2020. In comparison, the world average is 6.83 percent, based on data from 186 countries. Historically, the average for Israel from 1995 to 2021 is 0.15 percent. The minimum value, 0 percent, was reached in 1995 while the maximum of 0.44 percent was recorded in 2021.

GDP from Public Administration in Israel increased to 63873.70 ILS Million in the fourth quarter of 2024 from 61322.10 ILS Million in the third quarter of 2024. This dataset provides - Israel Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel: Revenue minus production cost of oil, percent of GDP: The latest value from 2021 is 0.01 percent, unchanged from 0.01 percent in 2020. In comparison, the world average is 2.69 percent, based on data from 181 countries. Historically, the average for Israel from 1995 to 2021 is 0 percent. The minimum value, 0 percent, was reached in 1995 while the maximum of 0.01 percent was recorded in 2011.

Israel Public Debt: % of GDP data was reported at 61.020 % in 2018. This records an increase from the previous number of 60.500 % for 2017. Israel Public Debt: % of GDP data is updated yearly, averaging 77.095 % from Dec 1995 (Median) to 2018, with 24 observations. The data reached an all-time high of 102.334 % in 1995 and a record low of 60.500 % in 2017. Israel Public Debt: % of GDP data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.F006: Public Debt.

Israel IL: GDP: Volume: PPP: Single Hit Scenario data was reported at 340.000 USD bn in 2021. This records an increase from the previous number of 322.000 USD bn for 2020. Israel IL: GDP: Volume: PPP: Single Hit Scenario data is updated yearly, averaging 235.000 USD bn from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 343.000 USD bn in 2019 and a record low of 143.000 USD bn in 1995. Israel IL: GDP: Volume: PPP: Single Hit Scenario 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.EO: GDP by Expenditure: Volume: Forecast: OECD Member: Annual. GDPVD - Gross domestic product, volume at constant purchasing power parities2015 PPP

Graph and download economic data for Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for Israel (ISRLORSGPRTSTSAM) from Feb 1995 to Aug 2022 about Israel, leading indicator, ratio, and GDP.

GDP Deflator in Israel increased to 117.25 points in the fourth quarter of 2023 from 116.38 points in the third quarter of 2023. This dataset provides - Israel GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel IL:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data was reported at 113.023 2010=100 in 2017. This records an increase from the previous number of 112.839 2010=100 for 2016. Israel IL:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data is updated yearly, averaging 91.972 2010=100 from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 113.023 2010=100 in 2017 and a record low of 61.069 2010=100 in 1995. Israel IL:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.IFS: Gross Domestic Product: Deflator and Volume Index: Annual.

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.