Israel GDP Growth Rate 1980-2014 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Israel contracted 0.09 percent in the third quarter of 2014 over the previous quarter. GDP Growth Rate in Israel averaged 1.03 Percent from 1980 until 2014, reaching an all time high of 7.40 Percent in the fourth quarter of 1982 and a record low of -3.40 Percent in the fourth quarter of 1985. GDP Growth Rate in Israel is reported by the Central Bureau of Statistics, Israel.

   
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Israel GDP Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.09 0.54 7.40 -3.40 1980 - 2014 percent Quarterly
SA, 2005 prices
Israel is one of the most developed market economies with substantial, though diminishing government participation. The main driver of the economy is science and technology sector. As such, its manufacturing and agriculture, despite limited natural resources, is highly developed and sophisticated. After years of annual growth rates above 5 percent, the economic expansion has been slowing down. In order to keep current pace of growth, Israel needs to address: rising government spending and budget deficits, increasing cost of leaving, concentration of “too big to fail” banks, corporations and insurance companies in the economy, rising income inequality and geopolitical risks. This page provides - Israel GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Israel GDP Growth Rate - was last refreshed on Saturday, November 29, 2014.

Calendar GMT Event Actual Previous Consensus Forecast (i)
2013-11-18 11:00 AM
GDP Growth Rate QoQ- First Estimate  Q3 2013
0.5% 1.2% 0.74%
2014-01-16 11:00 AM
GDP Growth Rate QoQ - 3 est  Q3 2013
0.58% 1.2% 0.5% 0.74%
2014-11-16 11:00 AM
GDP Growth Rate QoQ - 1st Est  Q3 2014
-0.09% 0.54% (R) 0.24%


Israel GDP Last Previous Highest Lowest Unit
GDP 291.36 257.62 291.36 2.60 USD Billion [+]
GDP Growth Rate -0.09 0.54 7.40 -3.40 percent [+]
GDP Growth Annualized -0.36 2.20 9.35 -2.11 percent [+]
GDP Annual Growth Rate 1.89 2.79 10.25 -4.00 percent [+]
GDP Constant Prices 247115.59 247337.74 247337.74 103150.70 ILS Million [+]
Gross National Product 270709.10 265509.40 270709.10 66796.50 ILS Million [+]
GDP per capita 23414.98 23091.40 23414.98 5638.44 USD [+]
Gross Fixed Capital Formation 46503.50 46934.50 49851.50 22133.00 ILS Million [+]
GDP per capita PPP 31028.57 30599.77 31028.57 19604.96 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.50 May/14 1.10 4.50 -2.00 percent [+]
Brazil 0.10 Aug/14 -0.60 4.50 -4.20 percent [+]
Canada 0.70 Aug/14 0.90 3.33 -1.80 percent [+]
China 1.90 Aug/14 2.00 2.50 1.40 percent [+]
Euro Area 0.20 Aug/14 0.10 1.30 -2.80 percent [+]
France 0.30 Aug/14 -0.10 1.60 -1.70 percent [+]
Germany 0.10 Aug/14 -0.10 2.10 -3.70 percent [+]
India 1.20 May/14 1.90 5.80 -1.90 percent [+]
Indonesia 2.96 Aug/14 2.49 3.82 -3.57 percent [+]
Italy -0.10 Aug/14 -0.20 6.00 -3.50 percent [+]
Japan -0.40 Aug/14 -1.90 3.20 -4.00 percent [+]
Mexico 0.50 Aug/14 0.90 2.90 -6.60 percent [+]
Netherlands 0.20 Aug/14 0.60 2.00 -2.20 percent [+]
Russia 0.25 May/14 0.07 4.10 -5.40 percent [+]
South Korea 0.90 Aug/14 0.50 6.80 -7.00 percent [+]
Spain 0.50 Aug/14 0.50 1.53 -1.60 percent [+]
Switzerland 0.00 May/14 0.50 1.90 -2.20 percent [+]
Turkey -0.50 May/14 1.80 6.69 -7.57 percent [+]
United Kingdom 0.70 Aug/14 0.90 5.00 -2.70 percent [+]
United States 3.90 Aug/14 4.60 16.90 -10.00 percent [+]