The Gross Domestic Product (GDP) in Israel was worth 395.10 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Israel represents 0.33 percent of the world economy.

GDP in Israel averaged 101.23 USD Billion from 1960 until 2019, reaching an all time high of 395.10 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 October of 2020. source: World Bank

GDP in Israel is expected to reach 340.00 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 380.00 USD Billion in 2021 and 420.00 USD Billion in 2022, according to our econometric models.

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Israel GDP

Actual Previous Highest Lowest Dates Unit Frequency
395.10 370.59 395.10 2.51 1960 - 2019 USD Billion Yearly
Current USD

Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate -8.20 -1.80 4.30 -8.20 percent [+]
GDP Annual Growth Rate -7.90 0.50 10.60 -7.90 percent [+]
GDP Growth Annualized -29.00 -6.80 18.10 -29.00 percent [+]
GDP 395.10 370.59 395.10 2.51 USD Billion [+]
GDP Constant Prices 307406.00 334570.00 341092.60 136916.40 ILS Million [+]
Gross National Product 312603.80 349026.00 365153.30 69455.30 ILS Million [+]
Gross Fixed Capital Formation 62292.00 68492.00 70422.20 32226.60 ILS Million [+]
GDP per capita 35293.40 34749.70 35293.40 8789.00 USD [+]
GDP per capita PPP 40161.90 39543.20 40161.90 24488.50 USD [+]
GDP From Agriculture 3251.30 3581.60 4572.90 1761.60 ILS Million [+]
GDP From Construction 17762.90 19391.80 19658.00 8445.70 ILS Million [+]
GDP From Manufacturing 41173.50 39696.80 41173.50 26307.30 ILS Million [+]
GDP From Public Administration 42423.30 47589.00 48111.90 27570.70 ILS Million [+]
GDP From Services 35318.70 36675.20 37837.20 12186.20 ILS Million [+]
GDP From Transport 10378.70 11497.40 11497.40 3308.40 ILS Million [+]
GDP From Utilities 4176.80 4540.00 6946.60 2367.80 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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