Name: Israel GDP Growth Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Israel,GDP Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

The Gross Domestic Product (GDP) in Israel contracted 0.80 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Israel averaged 0.94 percent from 1980 until 2026, reaching an all time high of 8.70 percent in the third quarter of 2020 and a record low of -8.00 percent in the second quarter of 2020. source: Central Bureau of Statistics, Israel

GDP Growth Rate in Israel is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel GDP Growth Rate is projected to trend around 0.10 percent in 2027, according to our econometric models.

Related	Last	Previous	Unit	Reference
Full Year GDP Growth	2.90	1.00	percent	Dec 2025
GDP Annual Growth Rate	1.70	4.00	percent	Mar 2026
GDP Constant Prices	437142.30	440850.00	ILS Million	Mar 2026
GDP from Agriculture	4776.30	4860.30	ILS Million	Sep 2025
GDP from Construction	19821.70	19695.30	ILS Million	Dec 2025
GDP from Public Administration	72054.80	70100.60	ILS Million	Dec 2025
GDP from Transport	12472.70	14913.50	ILS Million	Dec 2025
GDP from Utilities	8012.70	6754.50	ILS Million	Sep 2025
GDP Growth Annualized	-3.30	2.90	percent	Mar 2026
GDP Growth Rate	-0.80	0.70	percent	Mar 2026
Gross Fixed Capital Formation	107355.10	104216.00	ILS Million	Mar 2026
Gross National Product	547663.40	528159.00	ILS Million	Dec 2025

Israel GDP Growth Rate

The main driver of Israeli economy is science and technology sector. As such, despite limited natural resources, its manufacturing and agriculture sectors are highly developed. 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.