Israel GDP Growth Rate  1980-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Israel expanded 0.70 percent in the second quarter of 2017 over the previous quarter. GDP Growth Rate in Israel averaged 0.95 percent from 1980 until 2017, 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.

Israel GDP Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-18 10:00 AM Q1 0.3% 1.2% 0.3% 0.5%
2017-07-16 10:00 AM Q1 0.4% 1.2% 0.3% 0.3%
2017-08-16 10:00 AM Q2 0.7% 0.2% 0.5%
2017-09-18 10:00 AM Q2 0.4% 0.7%
2017-10-13 10:00 AM Q2 0.4% 0.80%
2017-11-16 11:00 AM Q3 0.7%


Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.20 4.30 -1.10 percent [+]
GDP Annual Growth Rate 2.90 3.60 10.70 -3.20 percent [+]
GDP Growth Annualized 2.70 0.60 18.50 -4.20 percent [+]
GDP 318.74 299.40 318.74 2.60 USD Billion [+]
GDP Constant Prices 309608.80 307565.70 309608.80 134884.00 ILS Million [+]
Gross National Product 310905.90 308700.40 310905.90 68946.60 ILS Million [+]
Gross Fixed Capital Formation 62032.20 61243.80 62461.30 32086.60 ILS Million [+]
GDP per capita 33783.00 33118.00 33783.00 7801.20 USD [+]
GDP per capita PPP 32612.70 31970.70 32612.70 19760.20 USD [+]
GDP From Agriculture 3463.20 3039.30 4155.50 1594.60 ILS Million [+]
GDP From Construction 14547.90 14008.60 14547.90 7081.40 ILS Million [+]
GDP From Manufacturing 31377.00 32115.60 33770.00 18614.30 ILS Million [+]
GDP From Public Administration 44670.30 45609.80 45609.80 23186.50 ILS Million [+]
GDP From Services 25326.20 26226.00 26226.00 11402.10 ILS Million [+]
GDP From Transport 9726.40 9653.60 9726.40 4967.10 ILS Million [+]
GDP From Utilities 2633.30 4380.30 4484.30 1529.80 ILS Million [+]


Israel GDP Growth Rate Notes

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.20 4.30 -1.10 1980 - 2017 percent Quarterly
SA, 2010 prices



gdp growth rate by Country

Last
Indonesia 4.00 Jun/17
United States 2.60 Jun/17
China 1.70 Jun/17
India 1.50 Mar/17
Netherlands 1.50 Jun/17
Turkey 1.40 Mar/17
Brazil 1.00 Mar/17
Japan 1.00 Jun/17
Canada 0.90 Mar/17
Spain 0.90 Jun/17
Euro Area 0.60 Jun/17
Germany 0.60 Jun/17
Mexico 0.60 Jun/17
South Korea 0.60 Jun/17
France 0.50 Jun/17
Italy 0.40 Jun/17
Australia 0.30 Mar/17
Switzerland 0.30 Mar/17
United Kingdom 0.30 Jun/17
Russia -0.57 Sep/15