Israel GDP Growth Rate  1980-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Israel expanded 0.51 percent in the third quarter of 2015 over the previous quarter. GDP Growth Rate in Israel averaged 1.02 percent from 1980 until 2015, 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.

Israel GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.51 0.05 7.40 -3.40 1980 - 2015 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. Israel GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-07-16 11:00 AM Q1 0.49% 1.58%(R) 0.52%
2015-12-31 11:00 AM Q3 0.49% 0.05% 0.62%
2016-01-17 11:00 AM Q3 0.51% 0.00% 0.49% 0.49%
2016-02-16 11:00 AM Q4 0.51% 1.11%
2016-03-10 11:00 AM Q4
2016-04-17 10:00 AM Q4

Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.51 0.05 7.40 -3.40 percent [+]
GDP Annual Growth Rate 2.52 2.13 10.73 -3.24 percent [+]
GDP Growth Annualized 2.50 0.20 17.55 -4.57 percent [+]
GDP 305.68 292.41 305.68 2.60 USD Billion [+]
GDP Constant Prices 257297.20 255850.30 257297.20 118412.00 ILS Million [+]
Gross National Product 283590.00 282030.40 283590.00 68946.60 ILS Million [+]
Gross Fixed Capital Formation 47986.10 47717.00 48098.80 27617.00 ILS Million [+]
GDP per capita 24540.58 24341.51 24540.58 5145.13 USD [+]
GDP per capita PPP 31179.76 30926.84 31179.76 17152.34 USD [+]
GDP From Agriculture 3392.40 3230.30 4673.90 1611.20 ILS Million [+]
GDP From Construction 12039.10 11827.20 12890.00 7081.40 ILS Million [+]
GDP From Manufacturing 30268.50 30406.90 32596.90 18614.30 ILS Million [+]
GDP From Public Administration 34821.60 36678.00 37315.00 23186.50 ILS Million [+]
GDP From Services 11810.50 11132.00 14210.80 9157.50 ILS Million [+]
GDP From Transport 8714.20 8306.80 9234.00 4967.10 ILS Million [+]
GDP From Utilities 2650.30 3288.20 4484.30 1529.80 ILS Million [+]




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