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

Israel's economy expanded by 7.34 percent year-on-year in the second quarter of 2026, marking the strongest growth since Q1 2022 and accelerating from a 2.63 percent rise in the previous quarter. GDP Annual Growth Rate in Israel averaged 3.78 percent from 1996 until 2026, reaching an all time high of 16.06 percent in the second quarter of 2021 and a record low of -8.08 percent in the second quarter of 2020. source: Central Bureau of Statistics, Israel

GDP Annual Growth Rate in Israel is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel GDP Annual Growth Rate is projected to trend around 2.90 percent in 2027 and 3.30 percent in 2028, 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	7.34	2.63	percent	Jun 2026
GDP Constant Prices	457207.80	441613.10	ILS Million	Jun 2026
GDP from Agriculture	3802.30	5022.00	ILS Million	Mar 2026
GDP from Construction	17830.00	20749.40	ILS Million	Mar 2026
GDP from Public Administration	72054.80	70100.60	ILS Million	Dec 2025
GDP from Transport	12289.00	12914.40	ILS Million	Mar 2026
GDP from Utilities	6755.00	7025.60	ILS Million	Mar 2026
GDP Growth Annualized	14.90	-1.70	percent	Jun 2026
GDP Growth Rate	3.50	-0.40	percent	Jun 2026
Gross Fixed Capital Formation	113240.80	110821.40	ILS Million	Jun 2026
Gross National Product	536924.40	508926.70	ILS Million	Jun 2026

Israel GDP Annual Growth Rate

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.