Key data points
Last release
—
Observation period
2024
Next release
—
Forecast
—
Highest
8.76 % on Dec 31, 2000
Lowest
−1.86 % on Dec 31, 2020
About Israel GDP growth
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.
Related indicators
GDP
ILGDPR
540.38 BUSD
GDP From Agriculture
ILGDPAR
4.89 BILS
GDP From Construction
ILGDPCR
16.97 BILS
Real GDP
ILGDPCPR
426.95 BILS
GDP From Manufacturing
ILGDPMANR
44.04 BILS
GDP From Public Administration
ILGDPPAR
63.87 BILS
GDP Per Capita
ILGDPPCR
41.85 KUSD
GDP Per Capita PPP
ILGDPPCPR
47.34 KUSD
GDP From Services
ILGDPSR
36.06 BILS
GDP From Transport
ILGDPTR
11.86 BILS
GDP From Utilities
ILGDPUR
6.47 BILS
GDP Growth
ILGDPYYR
2.75%
Gross Fixed Capital Formation
ILGFCFR
95.08 BILS
Gross National Product
ILGNPR
494.09 BILS
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