Israel GDP Annual Growth Rate  1996-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Israel expanded 2.90 percent in the second quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Israel averaged 3.76 percent from 1996 until 2016, reaching an all time high of 10.70 percent in the third quarter of 2000 and a record low of -3.20 percent in the fourth quarter of 2001. GDP Annual Growth Rate in Israel is reported by the Central Bureau of Statistics, Israel.

Israel GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.90 2.00 10.70 -3.20 1996 - 2016 percent Quarterly
Israel is the most technologically advanced and developed market economy in the Middle East. The biggest sector of the economy is services, accounting for nearly 80 percent of GDP. Within services, the most important are finance and business (28 percent of GDP); government (17 percent of GDP); housing (12 percent of GDP); trade, accommodation and restaurants (10 percent of GDP); and transport, storage and communications (8 percent of GDP). Manufacturing sector has been losing importance in recent years and now accounts for 14 percent of GDP. This page provides the latest reported value for - Israel GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel GDP Annual 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)
2014-11-16 11:00 AM Q3 1.89% 2.79%(R) 2.45%
2014-12-31 11:00 AM Q3 1.64% 2.79% 1.89%
2015-01-18 11:00 AM Q3 1.85% 2.57%(R) 1.64% 1.64%

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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Ethiopia 9.60 Dec/15
Ivory Coast 9.40 Mar/16
Papua New Guinea 9.00 Dec/15
Palestine 8.00 Mar/16
India 7.90 Mar/16
Uzbekistan 7.80 Jun/16
Congo 7.70 Dec/15
Rwanda 7.30 Mar/16
Monaco 7.20 Dec/14
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
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Philippines 7.00 Jun/16
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China 6.70 Jun/16
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Tajikistan 6.50 Mar/16
Turkmenistan 6.50 Dec/15
Senegal 6.40 Mar/16
Dominican Republic 6.10 Mar/16
Burkina Faso 6.00 Mar/16
Romania 6.00 Jun/16
Kenya 5.90 Mar/16
Cape Verde 5.80 Mar/16
Togo 5.80 Mar/16
Benin 5.70 Mar/16
Chad 5.60 Dec/15
Vietnam 5.55 Jun/16
Bhutan 5.50 Dec/15
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Mali 5.40 Mar/16
Sao Tome and Principe 5.30 Dec/15
Malta 5.20 Mar/16
Indonesia 5.18 Jun/16
Zambia 5.00 Dec/15
Bolivia 4.95 Mar/16
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Ghana 4.90 Mar/16
Guinea Bissau 4.90 Mar/16
Niger 4.90 Dec/15
Sudan 4.90 Dec/15
Costa Rica 4.80 Mar/16
Turkey 4.80 Mar/16
Gambia 4.70 Dec/15
Panama 4.60 Mar/16
Bahrain 4.50 Mar/16
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Luxembourg 4.40 Mar/16
Cuba 4.30 Dec/15
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Malaysia 4.00 Jun/16
Algeria 3.90 Dec/15
United Arab Emirates 3.90 Dec/15
Egypt 3.80 Dec/15
Kosovo 3.80 Mar/16
Mauritius 3.70 Mar/16
Mozambique 3.70 Jun/16
Peru 3.70 Jun/16
Slovakia 3.70 Jun/16
Brunei 3.60 Mar/16
Honduras 3.60 Dec/15
Namibia 3.50 Mar/16
Thailand 3.50 Jun/16
Lesotho 3.40 Dec/15
Comoros 3.20 Dec/15
South Korea 3.20 Jun/16
Spain 3.20 Jun/16
Australia 3.10 Mar/16
Germany 3.10 Jun/16
Mauritania 3.10 Dec/15
Poland 3.10 Jun/16
Sweden 3.10 Jun/16
Albania 3.00 Mar/16
Bulgaria 3.00 Jun/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Israel 2.90 Jun/16
Malawi 2.90 Dec/15
Maldives 2.90 Dec/15
Botswana 2.80 Mar/16
Guatemala 2.80 Mar/16
New Zealand 2.80 Mar/16
Croatia 2.70 Mar/16
Cyprus 2.70 Jun/16
Cameroon 2.60 Dec/15
El Salvador 2.60 Dec/15
Georgia 2.60 Mar/16
Hungary 2.60 Jun/16
Somalia 2.60 Dec/14
Colombia 2.50 Mar/16
Czech Republic 2.50 Jun/16
Mexico 2.50 Jun/16
Slovenia 2.50 Mar/16
Iraq 2.40 Dec/15
Ireland 2.30 Mar/16
Jordan 2.30 Mar/16
Netherlands 2.30 Jun/16
United Kingdom 2.20 Jun/16
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Mar/16
Latvia 2.10 Jun/16
Singapore 2.10 Jun/16
Cayman Islands 2.00 Dec/15
Macedonia 2.00 Mar/16
European Union 1.80 Jun/16
Kuwait 1.80 Dec/15
Lithuania 1.80 Jun/16
Serbia 1.80 Jun/16
Haiti 1.70 Dec/15
Hong Kong 1.70 Jun/16
Swaziland 1.70 Dec/15
Euro Area 1.60 Jun/16
Chile 1.50 Jun/16
Paraguay 1.50 Mar/16
Saudi Arabia 1.50 Mar/16
Suriname 1.50 Dec/15
Zimbabwe 1.50 Dec/15
Belgium 1.40 Jun/16
France 1.40 Jun/16
Mongolia 1.40 Jun/16
Morocco 1.40 Jun/16
Tunisia 1.40 Jun/16
Finland 1.30 Jun/16
New Caledonia 1.30 Dec/14
Ukraine 1.30 Jun/16
Austria 1.20 Jun/16
Bahamas 1.20 Dec/15
Republic of the Congo 1.20 Dec/15
United States 1.20 Jun/16
Canada 1.10 Mar/16
Montenegro 1.10 Mar/16
Qatar 1.10 Mar/16
Lebanon 1.00 Dec/15
Barbados 0.90 Dec/15
Jamaica 0.80 Mar/16
Moldova 0.80 Mar/16
Portugal 0.80 Jun/16
Nepal 0.77 Dec/15
Italy 0.70 Jun/16
Norway 0.70 Mar/16
Switzerland 0.70 Mar/16
Taiwan 0.70 Jun/16
Estonia 0.60 Jun/16
Iran 0.60 Mar/15
Argentina 0.49 Mar/16
Denmark 0.30 Mar/16
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
Guinea 0.10 Dec/15
Japan 0.10 Mar/16
Kazakhstan 0.10 Jun/16
Greece -0.10 Jun/16
South Africa -0.20 Mar/16
Nigeria -0.40 Mar/16
Uruguay -0.50 Mar/16
Puerto Rico -0.60 Dec/15
Russia -0.60 Jun/16
Liechtenstein -0.80 Dec/14
North Korea -1.10 Dec/15
Uganda -1.30 Mar/16
Belize -1.96 Mar/16
Kyrgyzstan -2.30 Jun/16
Syria -2.30 Dec/11
Trinidad and Tobago -2.30 Dec/15
Ecuador -3.00 Mar/16
Azerbaijan -3.50 Mar/16
Belarus -3.60 Mar/16
Burundi -4.10 Dec/15
South Sudan -5.30 Dec/15
Brazil -5.40 Mar/16
Libya -6.00 Dec/15
Venezuela -7.10 Sep/15
Equatorial Guinea -10.60 Dec/15
Macau -13.30 Mar/16
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15