Israel GDP Annual Growth Rate 1996-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Israel expanded 2.86 percent in the first quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Israel averaged 3.84 percent from 1996 until 2015, reaching an all time high of 10.25 percent in the third quarter of 2000 and a record low of -4 percent in the fourth quarter of 2001. GDP Annual Growth Rate in Israel is reported by the Central Bureau of Statistics, Israel.

      Forecast
Israel GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.86 2.96 10.25 -4.00 1996 - 2015 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 - Israel GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Israel GDP Annual Growth Rate - was last refreshed on Friday, May 22, 2015.

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 291.36 257.62 291.36 2.60 USD Billion [+]
GDP Growth Rate 0.78 1.61 7.40 -3.40 percent [+]
GDP Growth Annualized 2.50 6.60 8.44 -2.43 percent [+]
GDP Annual Growth Rate 2.86 2.96 10.25 -4.00 percent [+]
GDP Constant Prices 251489.50 247675.00 251489.50 103150.70 ILS Million [+]
Gross National Product 276382.50 268329.30 276382.50 68946.60 ILS Million [+]
GDP per capita 23414.98 23091.40 23414.98 5638.44 USD [+]
Gross Fixed Capital Formation 46508.60 45529.90 48245.20 22133.00 ILS Million [+]
GDP per capita PPP 31028.57 30599.77 31028.57 19604.96 USD [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.50 Nov/14 2.70 9.00 -3.40 percent [+]
Brazil -0.20 Nov/14 -0.60 10.10 -3.15 percent [+]
Canada 2.63 Nov/14 2.75 8.80 -3.70 percent [+]
China 7.00 Feb/15 7.30 14.20 3.80 percent [+]
Euro Area 1.00 Feb/15 0.90 5.00 -5.60 percent [+]
France 0.70 Feb/15 0.00 12.50 -3.92 percent [+]
Germany 1.10 Feb/15 1.60 5.20 -6.80 percent [+]
India 7.50 Nov/14 8.20 11.40 -5.20 percent [+]
Indonesia 4.71 Feb/15 5.01 7.16 1.56 percent [+]
Italy 0.00 Feb/15 -0.50 10.30 -6.90 percent [+]
Japan -1.40 Feb/15 -0.90 9.40 -9.40 percent [+]
Mexico 2.50 Feb/15 2.60 8.50 -8.10 percent [+]
Netherlands 2.40 Feb/15 1.40 5.80 -4.40 percent [+]
Russia -1.90 Feb/15 0.40 12.10 -11.20 percent [+]
South Korea 2.40 Feb/15 2.70 18.20 -7.30 percent [+]
Spain 2.60 Feb/15 2.00 5.80 -4.40 percent [+]
Switzerland 1.90 Nov/14 1.90 7.30 -3.70 percent [+]
Turkey 2.60 Nov/14 1.90 12.60 -14.70 percent [+]
United Kingdom 2.40 Feb/15 3.00 9.80 -5.80 percent [+]
United States 3.00 Feb/15 2.40 13.40 -4.10 percent [+]