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Israel GDPIsrael GDPIsrael GDP

Israel GDP

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ILGDP chart



Key data points


Last release
—
Observation period
2024
Next release
—
Forecast
—
Highest
‪540.38 B‬ USD on Dec 31, 2024
Lowest
‪2.51 B‬ USD on Dec 31, 1962

About Israel GDP


Category
GDP
Source
World Bank
Frequency
Annual
Units
USD
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.

Israel in figures — see more economic indicators tied to ILGDP.
Full Year GDP Growth
ILFYGDPG
GDP
ILGDP
GDP From Agriculture
ILGDPA
GDP From Construction
ILGDPC
Real GDP
ILGDPCP
GDP Growth Annualized
ILGDPGA
GDP From Manufacturing
ILGDPMAN
GDP From Public Administration
ILGDPPA
GDP Per Capita
ILGDPPC
GDP Per Capita PPP
ILGDPPCP
GDP Growth Rate
ILGDPQQ
GDP From Services
ILGDPS
GDP From Transport
ILGDPT
GDP From Utilities
ILGDPU
GDP Growth
ILGDPYY
Gross Fixed Capital Formation
ILGFCF
Gross National Product
ILGNP

Frequently Asked Questions


One of the ways to count Israel GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2024 Israel GDP was 540.38 B USD, and the year before it reached 512.18 B USD.
Israel GDP accounts for 0.49% of the world GDP.
In 2024 Israel GDP per capita was ‪41.85 K‬ USD, and in 2023 it reached ‪42.01 K‬ USD. GDP per capita is gross domestic product divided by a country's population.
Last quarter Israel real GDP was ‪426.95 B‬ ILS, the quarter before it reached ‪423.40 B‬ ILS.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Israel GDP has ever reached is 540.38 B USD.
The lowest ever value Israel GDP has reached is 2.51 B USD.