The Gross Domestic Product (GDP) in Israel was worth 350.85 billion US dollars in 2017. The GDP value of Israel represents 0.57 percent of the world economy. GDP in Israel averaged 89.46 USD Billion from 1960 until 2017, reaching an all time high of 350.85 USD Billion in 2017 and a record low of 2.51 USD Billion in 1962.

GDP in Israel is expected to be 362.60 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel GDP is projected to trend around 391.70 USD Billion in 2020, according to our econometric models.

Israel GDP
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Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.56 0.14 4.30 -1.10 percent [+]
GDP Annual Growth Rate 3.10 3.70 10.70 -3.20 percent [+]
GDP Growth Annualized 2.30 0.60 18.10 -4.10 percent [+]
GDP 350.85 317.75 350.85 2.51 USD Billion [+]
GDP Constant Prices 325673.40 323817.00 325673.40 135669.00 ILS Million [+]
Gross National Product 329760.20 327130.80 329760.20 69304.10 ILS Million [+]
Gross Fixed Capital Formation 63382.80 65144.20 66111.10 32177.90 ILS Million [+]
GDP per capita 34134.81 33677.46 34134.81 7801.20 USD [+]
GDP per capita PPP 33132.32 32688.41 33132.32 19760.20 USD [+]
GDP From Agriculture 3994.60 3957.00 4629.10 1756.10 ILS Million [+]
GDP From Construction 16790.90 16315.40 17616.00 8445.70 ILS Million [+]
GDP From Manufacturing 40170.00 41670.10 41670.10 26337.60 ILS Million [+]
GDP From Public Administration 44475.90 46411.10 46992.10 26984.80 ILS Million [+]
GDP From Services 34144.80 34806.10 34806.10 12916.00 ILS Million [+]
GDP From Transport 10793.30 10644.30 10900.00 3683.50 ILS Million [+]
GDP From Utilities 5213.00 5095.80 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. This page provides - Israel GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel GDP - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
350.85 317.75 350.85 2.51 1960 - 2017 USD Billion Yearly
Current USD




Country Last Previous
United States 19390.60 Dec/17
Euro Area 12589.50 Dec/17
China 12237.70 Dec/17
Japan 4872.14 Dec/17
Germany 3677.44 Dec/17
United Kingdom 2622.43 Dec/17
India 2597.49 Dec/17
France 2582.50 Dec/17
Brazil 2055.51 Dec/17
Italy 1934.80 Dec/17
Canada 1653.04 Dec/17
Russia 1577.52 Dec/17
South Korea 1530.75 Dec/17
Australia 1323.42 Dec/17
Spain 1311.32 Dec/17
Mexico 1149.92 Dec/17
Indonesia 1015.54 Dec/17
Turkey 851.10 Dec/17
Netherlands 826.20 Dec/17
Saudi Arabia 683.83 Dec/17
Switzerland 678.89 Dec/17
Argentina 637.59 Dec/17
South Africa 349.42 Dec/17
Singapore 323.91 Dec/17


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