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

The Israeli economy advanced 0.8 percent on quarter in the three months to September of 2016, following 1.2 percent growth in the previous period. On an annualized basis, the economy expanded 3.2 percent. GDP Growth Rate in Israel averaged 0.95 percent from 1980 until 2016, reaching an all time high of 4.30 percent in the second quarter of 1984 and a record low of -1.10 percent in the first quarter of 1986.

Israel GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-18 10:00 AM Q2 1.0% 0.5% 0.8%
2016-10-13 10:00 AM Q2 1.1% 0.6% 0.9%
2016-11-16 11:00 AM Q3 0.8% 1.2% 0.9%
2017-01-17 11:00 AM Q3
2017-02-16 11:00 AM Q4
2017-03-10 11:00 AM Q4




Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 1.20 4.30 -1.10 percent [+]
GDP Annual Growth Rate 3.80 3.60 10.70 -3.20 percent [+]
GDP Growth Annualized 3.20 4.90 18.50 -4.20 percent [+]
GDP 296.08 305.68 305.68 2.60 USD Billion [+]
GDP Constant Prices 269559.80 267452.90 269559.80 120561.80 ILS Million [+]
Gross National Product 305660.50 296159.70 305660.50 68946.60 ILS Million [+]
Gross Fixed Capital Formation 57261.80 55633.40 57261.80 29537.60 ILS Million [+]
GDP per capita 32827.84 32673.01 32827.84 7820.15 USD [+]
GDP per capita PPP 31670.69 31521.32 31670.69 19795.64 USD [+]
GDP From Agriculture 3345.80 2985.40 4155.50 1594.60 ILS Million [+]
GDP From Construction 13006.70 12138.10 13006.70 7081.40 ILS Million [+]
GDP From Manufacturing 31161.70 32073.60 33770.00 18614.30 ILS Million [+]
GDP From Public Administration 37034.00 37993.40 38442.00 23186.50 ILS Million [+]
GDP From Services 12531.70 11693.70 14210.80 9157.50 ILS Million [+]
GDP From Transport 9267.30 8500.40 9369.90 4967.10 ILS Million [+]
GDP From Utilities 3521.10 3424.20 4484.30 1529.80 ILS Million [+]



Israel GDP Growth Rate Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.20 4.30 -1.10 1980 - 2016 percent Quarterly
SA, 2010 prices



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Singapore -2.00 Sep/16
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Senegal -2.50 Jun/16
Trinidad And Tobago -3.90 Mar/16
Namibia -6.20 Jun/16