Israel GDP Growth Annualized  1995-2018 | Data | Chart | Calendar

The economy of Israel expanded an annualized 4.7 percent in the first quarter of 2018, higher than a preliminary estimate of 4.5 percent and following an upwardly revised 4.6 percent growth in the last quarter of 2017, final figures showed. Exports and consumer spending came in strong than initially thought. It was the highest growth rate since the last quarter of 2016. Main drivers of growth were private spending (10 percent from 2.5 percent in Q4 2017) and fixed capital formation (13.9 percent from -1.8 percent). Meanwhile, government consumption growth eased slightly (11.5 percent from 12.2 percent). The contribution of net foreign demand was negative, as imports jumped (20.7 percent from 5.5 percent) and exports slowed (4.5 percent from 9.5 percent). On a quarterly basis, the economy expanded 1.2 percent in the first quarter of 2018, up from an initial estimate of 1.1 percent and after a 1.1 percent gain in Q4. GDP Growth Annualized in Israel averaged 3.82 percent from 1995 until 2018, reaching an all time high of 17.40 percent in the second quarter of 1999 and a record low of -4.30 percent in the first quarter of 2001.

Israel GDP Growth Annualized
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-16 10:00 AM GDP Growth Annualized 1st Est 4.2% 4.4% 3.9% 2.3%
2018-06-17 10:00 AM GDP Growth Annualized 2nd Est 4.5% 4.5% 4.2% 4.2%
2018-07-16 10:00 AM GDP Growth Annualized 3rd Est 4.7% 4.6% 4.5% 4.5%
2018-08-16 10:00 AM GDP Growth Annualized 1st Est 4.7% 3.2%
2018-09-17 10:00 AM GDP Growth Annualized 2nd Est 3.2%
2018-10-17 10:00 AM GDP Growth Annualized 3rd Est 3.2%


Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.20 1.10 4.30 -1.10 percent [+]
GDP Annual Growth Rate 4.00 3.20 10.70 -3.20 percent [+]
GDP Growth Annualized 4.70 4.60 17.40 -4.30 percent [+]
GDP 350.85 317.75 350.85 2.51 USD Billion [+]
GDP Constant Prices 320070.00 316780.00 320070.00 134884.00 ILS Million [+]
Gross National Product 316155.70 320572.30 320572.30 69396.90 ILS Million [+]
Gross Fixed Capital Formation 66953.00 63930.00 66953.00 32086.60 ILS Million [+]
GDP per capita 34134.81 33677.46 34134.81 7801.20 USD [+]
GDP per capita PPP 33132.32 32688.41 33132.32 19760.20 USD [+]
GDP From Agriculture 3848.80 3522.30 4155.50 1594.60 ILS Million [+]
GDP From Construction 16189.90 16571.10 16571.10 7081.40 ILS Million [+]
GDP From Manufacturing 35801.40 35623.30 35801.40 18614.30 ILS Million [+]
GDP From Public Administration 46894.30 45040.30 46894.30 23186.50 ILS Million [+]
GDP From Services 32968.20 33490.60 33490.60 11402.10 ILS Million [+]
GDP From Transport 9619.20 9570.70 9726.40 4967.10 ILS Million [+]
GDP From Utilities 4454.40 5980.10 8494.80 1529.80 ILS Million [+]


Israel GDP Growth Annualized

GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year. This page provides the latest reported value for - Israel GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel GDP Growth Annualized - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.70 4.60 17.40 -4.30 1995 - 2018 percent Quarterly
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