The economy of Israel expanded an annualized 2.3 percent on quarter in the third quarter of 2018, following a downwardly revised 1.2 percent growth in the previous period. Figures came slightly below market expectations of 2.4 percent, preliminary estimates showed. Fixed capital formation fell more (-6.3 percent compared to -4.6 percent) while private spending (2.1 percent compared to -2.6 percent) and government consumption (9.5 percent compared to -3.3 percent) rebounded. Also, exports recovered (7.2 percent compared to -0.8 percent) and imports fell faster (-5 percent compared to -1.9 percent). On a quarterly basis, the economy advanced 0.6 percent, higher than 0.3 percent in Q2. GDP Growth Annualized in Israel averaged 3.80 percent from 1995 until 2018, reaching an all time high of 17.40 percent in the second quarter of 1999 and a record low of -4.30 percent in the first quarter of 2001.

Israel GDP Growth Annualized
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-16 10:00 AM GDP Growth Annualized 2nd Est 1.8% 5.1% 2%
2018-10-16 10:00 AM GDP Growth Annualized 3rd Est 1.8% 5.2% 1.8%
2018-11-18 11:00 AM GDP Growth Annualized 1st Est 2.3% 1.2% 2.4% 3.4%


Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.30 4.30 -1.10 percent [+]
GDP Annual Growth Rate 4.00 4.40 10.70 -3.20 percent [+]
GDP Growth Annualized 2.30 1.20 17.40 -4.30 percent [+]
GDP 350.85 317.75 350.85 2.51 USD Billion [+]
GDP Constant Prices 324584.20 323013.90 324584.20 135669.00 ILS Million [+]
Gross National Product 324111.80 316155.70 324111.80 69396.90 ILS Million [+]
Gross Fixed Capital Formation 65578.40 65882.70 65882.70 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 3842.90 3819.90 4637.80 1755.00 ILS Million [+]
GDP From Construction 14814.80 16266.70 16527.80 8565.60 ILS Million [+]
GDP From Manufacturing 38385.70 37094.80 38385.70 20394.20 ILS Million [+]
GDP From Public Administration 46683.80 47037.60 47037.60 26984.80 ILS Million [+]
GDP From Services 33050.40 32721.30 33551.40 16152.80 ILS Million [+]
GDP From Transport 9216.40 9619.20 9726.40 4967.10 ILS Million [+]
GDP From Utilities 6159.20 4454.40 7881.40 2347.30 ILS Million [+]


Israel GDP Growth Annualized

GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year. This page 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. Israel GDP Growth Annualized - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 1.20 17.40 -4.30 1995 - 2018 percent Quarterly
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