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

The Israeli economy advanced 0.90 percent quarter-on-quarter in the second quarter of 2016, following 0.5 percent in the previous period. The main drivers of the growth were private consumption (+2.3 percent from +1.5 percent in Q1), government expenditure (+2.1 percent from -0.5 percent in Q1) and investment in fixed assets (+4.1 percent from +17.4 percent in Q1). Also, exports increased 0.9 percent (+6.6 percent in Q1) and imports surged percent (+2.9 percent in Q1). GDP Growth Rate in Israel averaged 0.90 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. 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
0.90 0.50 4.30 -1.10 1980 - 2016 percent Quarterly
SA, 2010 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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-16 10:00 AM Q1 0.3% 0.8% 0.2%
2016-07-17 10:00 AM Q1 0.4% 0.8% 0.3%
2016-08-16 10:40 AM Q2 0.9% 0.5% 0.2%
2016-09-17 10:00 AM Q2 0.5% 0.9%
2016-10-18 10:00 AM Q2 0.84%
2016-11-16 10:00 AM Q3 0.84%

Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 0.50 4.30 -1.10 percent [+]
GDP Annual Growth Rate 2.90 2.00 10.70 -3.20 percent [+]
GDP Growth Annualized 3.70 2.20 18.50 -4.20 percent [+]
GDP 296.08 305.68 305.68 2.60 USD Billion [+]
GDP Constant Prices 265888.90 260102.20 265888.90 119623.10 ILS Million [+]
Gross National Product 296159.70 288913.90 296159.70 68946.60 ILS Million [+]
Gross Fixed Capital Formation 55089.40 51768.50 55089.40 28795.30 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 3017.10 2955.80 4155.50 1594.60 ILS Million [+]
GDP From Construction 12138.10 12876.90 12890.00 7081.40 ILS Million [+]
GDP From Manufacturing 32073.60 33770.00 33770.00 18614.30 ILS Million [+]
GDP From Public Administration 37993.40 38442.00 38442.00 23186.50 ILS Million [+]
GDP From Services 11693.70 12350.60 14210.80 9157.50 ILS Million [+]
GDP From Transport 8500.40 9369.90 9369.90 4967.10 ILS Million [+]
GDP From Utilities 3424.20 3229.30 4484.30 1529.80 ILS Million [+]




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Venezuela 6.80 Dec/13
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Angola 4.90 Dec/15
Cape Verde 4.50 Dec/14
Morocco 4.50 Dec/15
Pakistan 4.24 Dec/15
Indonesia 4.02 Jun/16
Algeria 4.00 Dec/14
Macedonia 3.90 Mar/14
United Arab Emirates 3.90 Dec/15
Egypt 3.80 Dec/15
Mongolia 3.10 Mar/16
Rwanda 2.35 Dec/15
India 2.10 Mar/16
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China 1.80 Jun/16
Philippines 1.80 Jun/16
Costa Rica 1.75 Mar/16
Moldova 1.70 Mar/16
Hong Kong 1.60 Jun/16
Serbia 1.60 Mar/16
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Romania 1.50 Jun/16
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Tanzania 1.50 Sep/10
Bosnia and Herzegovina 1.30 Mar/16
Kazakhstan 1.26 Dec/13
Albania 1.20 Mar/16
United States 1.20 Jun/16
Australia 1.10 Mar/16
Ghana 1.10 Mar/16
Hungary 1.10 Jun/16
Norway 1.00 Mar/16
Bahrain 0.90 Mar/16
Czech Republic 0.90 Jun/16
Israel 0.90 Jun/16
Mauritius 0.90 Mar/16
Poland 0.90 Jun/16
Slovakia 0.90 Jun/16
Paraguay 0.80 Mar/16
Thailand 0.80 Jun/16
Turkey 0.80 Mar/16
Bulgaria 0.70 Jun/16
Cyprus 0.70 Jun/16
Denmark 0.70 Mar/16
Luxembourg 0.70 Mar/16
Malaysia 0.70 Jun/16
New Zealand 0.70 Mar/16
South Korea 0.70 Jun/16
Spain 0.70 Jun/16
Canada 0.60 Mar/16
Croatia 0.60 Apr/16
Netherlands 0.60 Jun/16
Ukraine 0.60 Jun/16
United Kingdom 0.60 Jun/16
Belgium 0.50 Jun/16
Slovenia 0.50 Mar/16
European Union 0.40 Jun/16
Germany 0.40 Jun/16
Latvia 0.40 Jun/16
Tunisia 0.40 Mar/16
Austria 0.30 Jun/16
Estonia 0.30 Jun/16
Euro Area 0.30 Jun/16
Finland 0.30 Jun/16
Greece 0.30 Jun/16
Malta 0.30 Mar/16
Singapore 0.30 Jun/16
Sweden 0.30 Jun/16
Colombia 0.20 Mar/16
Portugal 0.20 Jun/16
Taiwan 0.15 Jun/16
Lithuania 0.10 Jun/16
Switzerland 0.10 Mar/16
Uruguay 0.10 Mar/16
Cameroon 0.05 Dec/15
France 0.00 Jun/16
Italy 0.00 Jun/16
Japan 0.00 Jun/16
Mozambique 0.00 Jun/16
Peru 0.00 Mar/16
Trinidad And Tobago -0.10 Dec/15
Mexico -0.20 Jun/16
Brazil -0.30 Mar/16
Chile -0.40 Jun/16
Iceland -0.50 Mar/16
Qatar -0.50 Dec/15
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
Jamaica -0.60 Mar/16
Argentina -0.70 Mar/16
Belize -1.07 Mar/16
South Africa -1.20 Mar/16
Uganda -1.30 Mar/16
Kenya -1.40 Mar/16
Namibia -1.60 Mar/16
Dominican Republic -1.67 Mar/16
Ecuador -1.90 Mar/16
Ireland -2.10 Mar/16
Nigeria -13.70 Mar/16
Senegal -14.10 Mar/16