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Israel real GDPII

Israel real GDP

406.82 BILSR
+2.06 B
ILS
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ILGDPCP chart


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Key data points


Last release
—
Observation period
Q4 2024
Next release
—
Forecast
—
Highest
‪412.16 B‬ ILS on Sep 30, 2023
Lowest
‪136.50 B‬ ILS on Mar 31, 1995

About Israel real GDP


Category
GDP
Source
Central Bureau of Statistics
Frequency
Quarterly
Units
ILS

Israel in figures — see more economic indicators tied to ILGDPCP.
ILFYGDPG
R
Full Year GDP Growth
0.9%
ILGDP
R
GDP
513.61 BUSD
ILGDPA
R
GDP From Agriculture
4.59 BILS
ILGDPC
R
GDP From Construction
16.72 BILS
ILGDPCP
R
Real GDP
406.82 BILS
ILGDPGA
R
GDP Growth Annualized
2.1%
ILGDPMAN
R
GDP From Manufacturing
44.04 BILS
ILGDPPA
R
GDP From Public Administration
60.73 BILS
ILGDPPC
R
GDP Per Capita
42.85 KUSD
ILGDPPCP
R
GDP Per Capita PPP
48.36 KUSD
ILGDPQQ
R
GDP Growth Rate
0.6%
ILGDPS
R
GDP From Services
36.06 BILS
ILGDPT
R
GDP From Transport
11.85 BILS
ILGDPU
R
GDP From Utilities
7.28 BILS
ILGDPYY
R
GDP Growth
5.46%
ILGFCF
R
Gross Fixed Capital Formation
ILS
ILGNP
R
Gross National Product
ILS

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
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.
Last quarter Israel real GDP was 406.82 B ILS, and the quarter before it reached 404.76 B ILS.