The Gross Domestic Product (GDP) in Israel was worth 375 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Israel represents 0.31 percent of the world economy.

GDP in Israel averaged 100.87 USD Billion from 1960 until 2019, reaching an all time high of 375 USD Billion in 2019 and a record low of 2.51 USD Billion in 1962. This page provides - Israel GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel GDP - values, historical data and charts - was last updated on June of 2020. source: World Bank

GDP in Israel is expected to reach 393.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel GDP is projected to trend around 405.50 USD Billion in 2021 and 418.00 USD Billion in 2022, according to our econometric models.

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Israel GDP

Actual Previous Highest Lowest Dates Unit Frequency
375.00 369.69 375.00 2.51 1960 - 2019 USD Billion Yearly
Current USD

Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.80 1.10 4.30 -1.80 percent [+]
GDP Annual Growth Rate 0.60 3.70 10.60 -3.20 percent [+]
GDP Growth Annualized -7.10 4.60 18.10 -7.10 percent [+]
GDP 375.00 369.69 375.00 2.51 USD Billion [+]
GDP Constant Prices 334840.60 341092.60 341092.60 136916.40 ILS Million [+]
Gross National Product 351892.10 364381.80 364381.80 69455.30 ILS Million [+]
Gross Fixed Capital Formation 67146.80 70422.20 70422.20 32226.60 ILS Million [+]
GDP per capita 34788.70 34333.40 34788.70 8749.10 USD [+]
GDP per capita PPP 33661.00 33220.40 33661.00 20727.90 USD [+]
GDP From Agriculture 3447.20 3388.40 4629.10 1756.10 ILS Million [+]
GDP From Construction 19042.10 19251.30 19658.00 8445.70 ILS Million [+]
GDP From Manufacturing 39226.10 38194.80 40497.00 26337.60 ILS Million [+]
GDP From Public Administration 47645.30 46982.80 48104.60 26984.80 ILS Million [+]
GDP From Services 37799.30 35545.30 37799.30 12916.00 ILS Million [+]
GDP From Transport 11218.10 10819.90 11487.70 3683.50 ILS Million [+]
GDP From Utilities 6329.20 4072.90 6673.40 2282.70 ILS Million [+]


Israel GDP
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.
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