The gross domestic product of Israel expanded an annualized 3 percent in the three months to December of 2018, following an upwardly revised 2.7 percent advance in the previous period but slightly below earlier estimates of 3.1 percent, second estimates showed. Private consumption (5.7 percent from 3.5 percent in Q3) advanced faster and fixed capital formation (3.4 percent from -7.6 percent) rebounded. On the other hand, government expenditure (0.7 percent from 8.1 percent) increased at a softer pace. Meanwhile, net foreign demand contributed negatively to growth, as exports fell 2.6 percent (from 14.5 percent in Q3) and imports surged 8.7 percent (from -3.5 percent in Q3). On a quarterly basis, GDP advanced 0.7 percent, in line with preliminary estimates and after an upwardly revised 0.7 percent expansion in the third quarter. Considering 2018, the economy grew 3.3 percent, slowing from a 3.5 percent gain in 2017 and matching earlier estimates. GDP Growth Annualized in Israel averaged 3.84 percent from 1995 until 2018, reaching an all time high of 18.10 percent in the second quarter of 1999 and a record low of -4.10 percent in the first quarter of 2001.

GDP Growth Annualized 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 Growth Annualized in Israel to stand at 3.20 in 12 months time. In the long-term, the Israel GDP Growth Annualized is projected to trend around 3.60 percent in 2020, according to our econometric models.

Israel GDP Growth Annualized
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-31 11:00 AM GDP Growth Annualized 2nd Est 2.1% 0.8% 2.3%
2019-01-16 11:10 AM GDP Growth Annualized 3rd Est 2.3% 0.6% 2.1% 2.1%
2019-02-17 11:00 AM GDP Growth Annualized 1st Est 3.1% 2.4% 2.8% 3.3%
2019-03-10 11:00 AM GDP Growth Annualized 2nd Est 3% 2.7% 3.1%
2019-04-16 10:00 AM GDP Growth Annualized 3rd Est 2.7% 3%
2019-05-16 10:00 AM GDP Growth Annualized 1st Est 3.2%
2019-06-17 10:00 AM GDP Growth Annualized 2nd Est 3.2%


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 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 2.70 18.10 -4.10 1995 - 2018 percent Quarterly
SA




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