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.

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.

Israel IL: Net Intake Rate in Grade 1: % of Official School-Age Population data was reported at 84.810 % in 2015. This records an increase from the previous number of 82.129 % for 2014. Israel IL: Net Intake Rate in Grade 1: % of Official School-Age Population data is updated yearly, averaging 82.868 % from Dec 2013 (Median) to 2015, with 3 observations. The data reached an all-time high of 84.810 % in 2015 and a record low of 82.129 % in 2014. Israel IL: Net Intake Rate in Grade 1: % of Official School-Age 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: Education Statistics. Net intake rate in grade 1 is the number of new entrants in the first grade of primary education who are of official primary school entrance age, expressed as a percentage of the population of the corresponding age.; ; UNESCO Institute for Statistics; Weighted average; Each economy is classified based on the classification of World Bank Group's fiscal year 2018 (July 1, 2017-June 30, 2018).

Israel recorded a trade deficit of 2524.70 USD Million in February of 2025. This dataset provides - Israel Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Abstract

A comprehensive and detailed statistical database of any economic activity is a prerequisite for planning and policy making and this applies to economic activities that play a major role in most modern world economies.

The Palestinian Central Bureau of Statistics is pleased to issue the twenty-three volume of the Economic Survey of Palestine, including statistical tables of findings. This edition presents the findings of the surveys conducted for 2017 as the reference year and covers most of the economic activities operating in Palestine since 1994. Economic surveys of various fields constitute the basic foundations for the compilation of National Accounts for Palestine

Geographic coverage

Palestine

Analysis unit

Enterprises

Universe

The twenty third round of the economic survey series was conducted based on the Establishments Census of 2017 as a sampling frame. The economic surveys series covered activities in accordance with ISIC-4 (fifth digits).

Kind of data

Sample survey data [ssd]

Sampling procedure

The sample of the economic surveys series was One-Stage Stratified Systematic Random Sample in which enterprises were divided into two types: the first type covered overall enterprises taken comprehensively, the second type covered enterprises selected in a systematic random way in which the enterprise constituted the sampling unit. Three levels of strata were used to draw up an efficient representative sample. 1. The frame is separated into two geographical locations: the West Bank excludes those parts of Jerusalem which were annexed by Israeli occupation in 1967, and the Gaza Strip. 2. Strata are created based on the fourth digit of ISIC-4, exclude services sector based on the second in which every activity presents actual stratum. 3. Within each stratum, new strata are created according to employment size.

The sample size in Palestine (excludes those parts of Jerusalem which were annexed by Israeli occupation in 1967) in 2017 was 9,916 enterprises out of 136,425 enterprises comprising the survey sampling frame.

Mode of data collection

Computer Assisted Personal Interview [capi]

Research instrument

The design of the 2017 questionnaire took into account the major economic variables pertaining the sector examined and met with the National Accounts for Palestine according to SNA 2008. All of the economic surveys series used the same questionnaire, with a few different characteristics pertaining to each survey. The questionnaire included these variables: 1. Number of employed persons and compensation of employees. 2. Value of output from the main activity and the secondary activities. 3. Production inputs of goods and services. 4. Fees, taxes and subsidies on production. 5. Assets and capital formation.

Cleaning operations

There are two steps: First: The entering program for PC-Tablets was designed to prevent entering any contrasting data during data entry. Second: List of questionnaires that included errors related to the logically of the data after entering the data by field worker.

Response rate

Response rate: 96.1%.

Sampling error estimates

Sampling Errors Data of this survey affected by sampling errors due to use of the sample and. Therefore, certain differences were expected in comparison with the real values obtained through censuses. Variance were calculated for the most important indicators as shown in tables below. Dissemination of results at the national level did not pose a problem, but there was high variance in some variables.

Non Sampling Error These types of errors could appear on one or on all of the survey stages that include data collection and data entry; they related to, respondents, fieldworkers, and data entry personnel. To avoid errors and mitigate their impact, a number of procedures were applied to enhance the accuracy of the data through a process of data collection from the field and data processing.

Fiscal Expenditure in Israel increased to 45716 ILS Million in February from 40245 ILS Million in January of 2025. This dataset provides - Israel Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel IL: Firms using Banks to Finance Working Capital: % of Firms data was reported at 34.300 % in 2013. Israel IL: Firms using Banks to Finance Working Capital: % of Firms data is updated yearly, averaging 34.300 % from Dec 2013 (Median) to 2013, with 1 observations. Israel IL: Firms using Banks to Finance Working Capital: % of Firms 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: Company Statistics. Firms using banks to finance working capital are the percentage of firms using bank loans to finance working capital.; ; World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).; Unweighted average;

Inflation Expectations in Israel decreased to 2 percent in February from 2.10 percent in January of 2025. This dataset provides - Israel Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Geographic coverage

West Bank and Gaza Strip

Analysis unit

Enterprises

Universe

The sample size in Palestine (excludes those parts of Jerusalem which were annexed by Israeli occupation in 1967) in 2018 was 9,501 enterprises out of 139,778 enterprises comprising the survey sampling frame.

Kind of data

Sample survey data [ssd]

Sampling procedure

The sample of the economic surveys series was One-Stage Stratified Systematic Random Sample in which enterprises were divided into two types: the first type covered overall enterprises taken comprehensively, the second type covered enterprises selected in a systematic random way in which the enterprise constituted the sampling unit. Three levels of strata were used to draw up an efficient representative sample. 1. The frame is separated into two geographical locations: the West Bank excludes those parts of Jerusalem which were annexed by Israeli occupation in 1967, and the Gaza Strip. 2. Strata are created based on the fourth digit of ISIC-4, exclude services sector based on the second in which every activity presents actual stratum. 3. Within each stratum, new strata are created according to employment size.

The sample size in Palestine (excludes those parts of Jerusalem which were annexed by Israeli occupation in 1967) in 2018 was 9,501 enterprises out of 139,778 enterprises comprising the survey sampling frame.

Mode of data collection

Computer Assisted Personal Interview [capi]

Research instrument

The design of the 2018 questionnaire took into account the major economic variables pertaining the sector examined and met with the National Accounts for Palestine according to SNA 2008. All of the economic surveys series used the same questionnaire, with a few different characteristics pertaining to each survey. The questionnaire included these variables: 1. Number of employed persons and compensation of employees. 2. Value of output from the main activity and the secondary activities. 3. Production inputs of goods and services. 4. Fees, taxes and subsidies on production. 5. Assets and capital formation.

Cleaning operations

There are two steps: First: The entering program for PC-Tablets was designed to prevent entering any contrasting data during data entry. Second: List of questionnaires that included errors related to the logically of the data after entering the data by field worker.

Response rate

The response rate for the Economic Survey Series 2018 is of 96.4%.

Sampling error estimates

Sampling Errors Data of this survey affected by sampling errors due to the use of the sample. Therefore, certain differences were expected in comparison with the real values obtained through censuses. Variance were calculated for the most important indicators as shown in tables below. Dissemination of results at the national level did not pose a problems.

Kuwait and Saudi Arabia were expected to have the highest GDP (Gross Domestic Product) growth in the Gulf Cooperation Council in 2022 at an 8.7 and 7.6 percent increase, respectively. Outside the GCC, Iraq and Israel were expected to see the biggest increase in GDP at 9.3 and 6.1 percent, respectively. Apart from Jordan and Yemen, all other countries in the Middle East region were forecast to see a significant drop in GDP growth in 2023 over 2022.

GDP contributors Travel and tourism were a key contributor to GDP in the region and it was forecast to see a significant increase in the coming years. Additionally, in three of the six GCC countries, oil and gas production amounted to at least 40 percent of GDP contribution. The United Arab Emirates ranked fourth worldwide with a 27 percent contribution to GDP coming from oil and gas production. Despite this, the distribution of GDP contribution in the UAE comes from many different sectors and industries, leading to one of the more diversified economies in the region. Diversification and self-sufficiency Countries in the region have been striving for more economic diversity to help future-proof their economies. For example, in 2016 Saudi Arabia launched Vision 2030, a program to introduce new and varied revenue streams in the country, create jobs, and attract foreign investment. Furthermore, food self-sufficiency in the GCC has become a priority, with countries pushing to produce more of their food needs locally.

Israel First Registrations of Road Tractors: Per One Thousand Inhabitants data was reported at 0.122 Ratio in 2023. This records an increase from the previous number of 0.119 Ratio for 2022. Israel First Registrations of Road Tractors: Per One Thousand Inhabitants data is updated yearly, averaging 0.092 Ratio from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 0.129 Ratio in 2017 and a record low of 0.055 Ratio in 2004. Israel First Registrations of Road Tractors: Per One Thousand Inhabitants 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.ITF: Motor Vehicles Statistics: OECD Member: Annual. [COVERAGE] ROAD TRACTORS A road tractor is a road motor vehicle designed, exclusively or primarily, to haul other road vehicles which are not power-driven. [STAT_CONC_DEF] ROAD TRACTORS The stock of road motor vehicles is the number of road motor vehicles registered at a given date in a country and licenced to use roads open to public traffic. This includes road vehicles exempted from annual taxes or licence fee; it also includes imported second-hand vehicles and other road vehicles according to national practices. It should not include military vehicles.

Switzerland had the highest level of the Human Development Index (HDI) worldwide in 2022 with a value of 0.967. With a score of 0.966, Norway followed closely behind Switzerland 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 four and number nine of the HDI, respectively, Hong Kong and Singapore are the only Asian locations within the top 10 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 5,703 U.S. dollars, increasing throughout the decades until reaching 50,029 in 2023, which is expected to continue to increase in the future. Meanwhile, in 1989, Singapore had a GDP of nearly 31 billion U.S. dollars, which has risen to nearly 501 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 507 billion U.S. dollars by 2022. Per capita, the UAE GDP was around 21,142 U.S. dollars in 1989, and has nearly doubled to 43,438 U.S. dollars by 2021. Moreover, this is expected to reach over 67,538 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.

Employment Rate in Israel decreased to 60.80 percent in February from 61.40 percent in January of 2025. This dataset provides - Israel Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Israel remained unchanged at 101.50 points in February. This dataset provides - Israel Core Consumer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Israel decreased 4.30 percent in January of 2025 over the previous month. This dataset provides the latest reported value for - Israel Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Israel increased 15.40 percent in December of 2024 over the same month in the previous year. This dataset provides the latest reported value for - Israel Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Labor Force Participation Rate in Israel decreased to 62.50 percent in February from 63 percent in January of 2025. This dataset provides - Israel Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Israel decreased to 2026896 ILS Million in February from 2044490 ILS Million in January of 2025. This dataset provides - Israel Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel First Registrations of Passenger Cars: Per One Million Units of Current USD GDP data was reported at 0.532 Ratio in 2023. This records an increase from the previous number of 0.516 Ratio for 2022. Israel First Registrations of Passenger Cars: Per One Million Units of Current USD GDP data is updated yearly, averaging 0.799 Ratio from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 0.973 Ratio in 2007 and a record low of 0.516 Ratio in 2022. Israel First Registrations of Passenger Cars: Per One Million Units of Current USD GDP 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.ITF: Motor Vehicles Statistics: OECD Member: Annual. [COVERAGE] PASSENGER CARS A passenger car is a road motor vehicle, other than a moped or a motorcycle, intended for the carriage of passengers and designed to seat no more than nine people (including the driver). It refers to category M1 of the UN Consolidated Resolution on the Construction of Vehicles. Passenger cars, vans designed and used primarily for transport of passengers, taxis, hire cars, ambulances and motor homes are not included. Light goods road vehicles, motor-coaches and buses and mini-buses/mini-coaches are not included. Microcars (needing no permit to be driven), taxis and passenger hire cars, provided that they have fewer than ten seats, are included. [STAT_CONC_DEF] PASSENGER CARS The stock of road motor vehicles is the number of road motor vehicles registered at a given date in a country and licenced to use roads open to public traffic. This includes road vehicles exempted from annual taxes or licence fee; it also includes imported second-hand vehicles and other road vehicles according to national practices. It should not include military vehicles.

Building Permits in Israel increased to 7105 Units in September from 5338 Units in August of 2024. This dataset provides - Israel Residential Building Permits- actual values, historical data, forecast, chart, statistics, economic calendar and news.