Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
525.00 B USD on Dec 31, 2022
Lowest
2.51 B USD on Dec 31, 1962
About 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.
Related indicators
ILGDP
GDPR
513.61 BUSD
ILGDPA
GDP From AgricultureR
4.89 BILS
ILGDPC
GDP From ConstructionR
16.97 BILS
ILGDPCP
Real GDPR
426.95 BILS
ILGDPMAN
GDP From ManufacturingR
44.04 BILS
ILGDPPA
GDP From Public AdministrationR
63.87 BILS
ILGDPPC
GDP Per CapitaR
42.85 KUSD
ILGDPPCP
GDP Per Capita PPPR
48.36 KUSD
ILGDPS
GDP From ServicesR
36.06 BILS
ILGDPT
GDP From TransportR
11.86 BILS
ILGDPU
GDP From UtilitiesR
6.47 BILS
ILGDPYY
GDP GrowthR
2.75%
ILGFCF
Gross Fixed Capital FormationR
95.08 BILS
ILGNP
Gross National ProductR
494.09 BILS
Frequently Asked Questions
One of the ways to count Israel GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Israel GDP was 513.61 B USD, and the year before it reached 525 B USD.
Israel GDP accounts for 0.48% of the world GDP.
In 2023 Israel GDP per capita was 42.85 K USD, and in 2022 it reached 42.71 K USD. GDP per capita is gross domestic product divided by a country's population.
Last quarter Israel real GDP was 426.95 B ILS, the quarter before it reached 423.40 B ILS.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Israel GDP has ever reached is 525 B USD.
The lowest ever value Israel GDP has reached is 2.51 B USD.