Israel GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Israel expanded 2.67 percent in the fourth quarter of 2018 over the same quarter of the previous year. GDP Annual Growth Rate in Israel averaged 3.78 percent from 1996 until 2018, reaching an all time high of 10.70 percent in the third quarter of 2000 and a record low of -3.20 percent in the fourth quarter of 2001.

GDP Annual Growth Rate in Israel is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Israel to stand at 3.70 in 12 months time. In the long-term, the Israel GDP Annual Growth Rate is projected to trend around 3.40 percent in 2020, according to our econometric models.

1Y 5Y 10Y MAX

width

height

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Learn More Questions? Contact us Already a Member? Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Israel GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.75	0.67	4.30	-1.10	percent	[+]
GDP Annual Growth Rate	2.67	3.10	10.70	-3.20	percent	[+]
GDP Growth Annualized	3.00	2.70	18.10	-4.10	percent	[+]
GDP	350.85	317.75	350.85	2.51	USD Billion	[+]
GDP Constant Prices	327666.20	325241.80	327666.20	135669.00	ILS Million	[+]
Gross National Product	346116.70	333136.80	346116.70	69304.10	ILS Million	[+]
Gross Fixed Capital Formation	64571.40	64041.20	65858.20	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	3479.80	3994.60	4629.10	1756.10	ILS Million	[+]
GDP From Construction	17600.00	16790.90	17616.00	8445.70	ILS Million	[+]
GDP From Manufacturing	38803.90	40170.00	41670.10	26337.60	ILS Million	[+]
GDP From Public Administration	47436.80	44475.90	47436.80	26984.80	ILS Million	[+]
GDP From Services	35009.90	34144.80	35009.90	12916.00	ILS Million	[+]
GDP From Transport	11110.90	10793.30	11110.90	3683.50	ILS Million	[+]
GDP From Utilities	6103.30	5213.00	6673.40	2282.70	ILS Million	[+]

Israel is the most technologically advanced and developed market economy in the Middle East. The biggest sector of the economy is services, accounting for nearly 80 percent of GDP. Within services, the most important are finance and business (28 percent of GDP); government (17 percent of GDP); housing (12 percent of GDP); trade, accommodation and restaurants (10 percent of GDP); and transport, storage and communications (8 percent of GDP). Manufacturing sector has been losing importance in recent years and now accounts for 14 percent of GDP. This page provides the latest reported value for - Israel GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.67	3.10	10.70	-3.20	1996 - 2018	percent	Quarterly

Export Data API

Country	Last		Previous	Range
India	6.60	Dec/18	7	11.4 : -5.2	%
China	6.40	Dec/18	6.5	15.4 : 3.8	%
Indonesia	5.18	Dec/18	5.17	7.16 : 1.56	%
South Korea	3.10	Dec/18	2	20.8 : -7.3	%
United States	3.10	Dec/18	3	13.4 : -3.9	%
Saudi Arabia	2.50	Sep/18	1.61	24.2 : -20.7	%
Spain	2.40	Dec/18	2.4	5.6 : -4.3	%
Australia	2.30	Dec/18	2.7	9 : -3.4	%
Netherlands	2.00	Dec/18	2.4	6.1 : -4.6	%
Singapore	1.90	Dec/18	2.4	19 : -8.8	%
Mexico	1.70	Dec/18	2.5	9 : -9.1	%
Canada	1.60	Dec/18	1.9	9.3 : -4.1	%
Russia	1.50	Sep/18	1.9	12.1 : -11.2	%
Switzerland	1.40	Dec/18	2.4	5.8 : -3.7	%
United Kingdom	1.30	Dec/18	1.6	9.7 : -6.1	%
Brazil	1.10	Dec/18	1.3	10.1 : -5.5	%
Euro Area	1.10	Dec/18	1.6	5 : -5.5	%
South Africa	1.10	Dec/18	1.3	7.1 : -2.6	%
France	0.90	Dec/18	1.3	12.6 : -3.8	%
Germany	0.60	Dec/18	1.1	7.2 : -6.8	%
Japan	0.30	Dec/18	0.1	9.4 : -8.8	%
Italy	0.00	Dec/18	0.6	10.3 : -7.2	%
Turkey	-3.00	Dec/18	1.8	11.7 : -14.4	%
Argentina	-6.20	Dec/18	-3.7	16.2 : -16.3	%