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

The Gross Domestic Product (GDP) in Israel expanded 0.40 percent in the first quarter of 2016 over the previous quarter. GDP Growth Rate in Israel averaged 1.02 percent from 1980 until 2016, 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
0.40 0.80 7.40 -3.40 1980 - 2016 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-16 10:20 AM Q1 0.2% 0.8% 0.5%
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%

Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.80 7.40 -3.40 percent [+]
GDP Annual Growth Rate 1.70 2.10 10.73 -3.24 percent [+]
GDP Growth Annualized 1.70 3.50 17.55 -4.57 percent [+]
GDP 296.08 305.68 305.68 2.60 USD Billion [+]
GDP Constant Prices 260102.20 259611.00 260102.20 119623.10 ILS Million [+]
Gross National Product 288913.90 292242.70 292242.70 68946.60 ILS Million [+]
Gross Fixed Capital Formation 51768.50 49744.20 51768.50 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 38442.00 37389.40 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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China 1.80 Jun/16
Mozambique 1.80 Mar/16
Moldova 1.70 Mar/16
Serbia 1.60 Mar/16
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Romania 1.50 Mar/16
Tanzania 1.50 Sep/10
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Chile 1.30 Mar/16
Kazakhstan 1.26 Dec/13
Albania 1.20 Mar/16
Australia 1.10 Mar/16
Ghana 1.10 Mar/16
Philippines 1.10 Mar/16
United States 1.10 Mar/16
Malaysia 1.00 Mar/16
Norway 1.00 Mar/16
Bahrain 0.90 Mar/16
Cyprus 0.90 Mar/16
Mauritius 0.90 Mar/16
Thailand 0.90 Mar/16
Lithuania 0.80 Mar/16
Mexico 0.80 Mar/16
Paraguay 0.80 Mar/16
Singapore 0.80 Jun/16
Spain 0.80 Mar/16
Turkey 0.80 Mar/16
Taiwan 0.78 Mar/16
Bulgaria 0.70 Mar/16
Costa Rica 0.70 Dec/15
Denmark 0.70 Mar/16
Germany 0.70 Mar/16
Luxembourg 0.70 Mar/16
New Zealand 0.70 Mar/16
Slovakia 0.70 Mar/16
South Korea 0.70 Jun/16
Canada 0.60 Mar/16
Croatia 0.60 Apr/16
Euro Area 0.60 Mar/16
Finland 0.60 Mar/16
France 0.60 Mar/16
United Kingdom 0.60 Jun/16
Austria 0.50 Mar/16
Belgium 0.50 Jun/16
European Union 0.50 Mar/16
Japan 0.50 Mar/16
Netherlands 0.50 Mar/16
Slovenia 0.50 Mar/16
Sweden 0.50 Mar/16
Czech Republic 0.40 Mar/16
Israel 0.40 Mar/16
Tunisia 0.40 Mar/16
Italy 0.30 Mar/16
Malta 0.30 Mar/16
Colombia 0.20 Mar/16
Portugal 0.20 Mar/16
Jamaica 0.10 Dec/15
Latvia 0.10 Mar/16
Switzerland 0.10 Mar/16
Uruguay 0.10 Mar/16
Cameroon 0.05 Dec/15
Estonia 0.00 Mar/16
Peru 0.00 Mar/16
Poland -0.10 Mar/16
Belize -0.25 Dec/15
Brazil -0.30 Mar/16
Indonesia -0.34 Mar/16
Hong Kong -0.40 Mar/16
Greece -0.50 Mar/16
Iceland -0.50 Mar/16
Qatar -0.50 Dec/15
Russia -0.57 Sep/15
Trinidad And Tobago -0.60 Dec/15
Argentina -0.70 Mar/16
Ukraine -0.70 Mar/16
Hungary -0.80 Mar/16
South Africa -1.20 Mar/16
Uganda -1.30 Mar/16
Kenya -1.40 Mar/16
Namibia -1.60 Mar/16
Ecuador -1.90 Mar/16
Ireland -2.10 Mar/16
Nigeria -13.70 Mar/16
Senegal -14.10 Mar/16