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 total gross domestic product (GDP) of Israel reached over *** trillion Israeli shekels in 2023 (about *** billion U.S. dollars). Advanced services, such as financial and scientific services, accounted for the largest share of GDP, reaching over *** billion Israeli shekels (some ** billion U.S. dollars). It was followed by the information and communications sector. By comparison, agricultural production amounted to only ** billion Israeli shekels (about *** billion U.S. dollars).

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.

Economic Optimism Index in Israel decreased to 97.10 points in July from 97.70 points in June of 2025. This dataset provides the latest reported value for - Israel Economic Optimism Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Israel IL: GDP: Growth: Gross Value Added: Services data was reported at 4.543 % in 2016. This records an increase from the previous number of 3.982 % for 2015. Israel IL: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 3.976 % from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 7.540 % in 2000 and a record low of 0.533 % in 2003. Israel IL: GDP: Growth: 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.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

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.

Israel IL: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 1.112 % in 2016. This records an increase from the previous number of 0.168 % for 2015. Israel IL: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 2.177 % from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 14.656 % in 2010 and a record low of -10.022 % in 2001. Israel IL: GDP: Growth: Gross Value Added: Industry: Manufacturing 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: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Economic growth, quarterly in Israel, March, 2025 The most recent value is 0.9 percent as of Q1 2025, an increase compared to the previous value of 0.49 percent. Historically, the average for Israel from Q2 1995 to Q1 2025 is 0.95 percent. The minimum of -8.23 percent was recorded in Q2 2020, while the maximum of 8.94 percent was reached in Q3 2020. | TheGlobalEconomy.com

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

The Gross Domestic Product (GDP) in Israel contracted 1.90 percent in the second 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.

GDP Growth Annualized in Israel decreased to -3.50 percent in the second quarter of 2025 from 3.50 percent in the first quarter of 2025. 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 2024, the growth of the real gross domestic product (GDP) in Israel amounted to about 0.87 percent. Between 1980 and 2024, the figure dropped by approximately 2.70 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by around 2.52 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Israel IL: GDP: Growth: Gross Value Added: Industry data was reported at 2.343 % in 2016. This records an increase from the previous number of 0.570 % for 2015. Israel IL: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 2.343 % from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 13.512 % in 2010 and a record low of -7.119 % in 2001. Israel IL: GDP: Growth: Gross Value Added: Industry 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: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Israel: Capital investment as percent of GDP: The latest value from 2024 is 23.43 percent, a decline from 26.11 percent in 2023. In comparison, the world average is 22.32 percent, based on data from 129 countries. Historically, the average for Israel from 1970 to 2024 is 26.09 percent. The minimum value, 20.03 percent, was reached in 1989 while the maximum of 36.67 percent was recorded in 1973.

The gross domestic product (GDP) per capita in Israel amounted to 54,190 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 47,790 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 13,660 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Israel IL: GDP: Real: Gross Value Added at Factor Cost data was reported at 957,900.109 ILS mn in 2016. This records an increase from the previous number of 920,383.802 ILS mn for 2015. Israel IL: GDP: Real: Gross Value Added at Factor Cost data is updated yearly, averaging 655,671.973 ILS mn from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 957,900.109 ILS mn in 2016 and a record low of 459,274.084 ILS mn in 1995. Israel IL: GDP: Real: Gross Value Added at Factor Cost 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. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Israel: Economic growth: the rate of change of real GDP: The latest value from 2024 is 0.87 percent, a decline from 1.83 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for Israel from 1961 to 2024 is 5.04 percent. The minimum value, -2.02 percent, was reached in 2020 while the maximum of 16.24 percent was recorded in 1968.

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.

Israel: Economic growth forecast: The latest value from 2030 is 3.39 percent, unchanged from 3.39 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Israel from 1980 to 2030 is 3.98 percent. The minimum value, -2.02 percent, was reached in 2020 while the maximum of 9.65 percent was recorded in 1995.