Israel GDP Growth Annualized  1995-2017 | Data | Chart | Calendar

The Israeli economy advanced an annualized 1.4 percent on quarter in the first quarter of 2017, following a downwardly revised 4.7 percent expansion in the previous period and way below market expectations of 3.7 percent, according to flash estimates. It was the weakest growth since the second quarter of 2015. Private consumption shrank 1.6 percent (from 1.1 percent in Q4) and investments contracted 5.6 percent (from 1.8 percent in Q4). Also, government spending growth slowed to 2.5 percent (from 3.4 percent in Q4). In contrast, net external demand contributed positively, as exports went up 10.6 percent (from 11.7 percent in Q4) while imports dropped 8.9 percent (from 1.6 percent in Q4). GDP Growth Annualized in Israel averaged 3.89 percent from 1995 until 2016, reaching an all time high of 18.50 percent in the second quarter of 1999 and a record low of -4.20 percent in the first quarter of 2001.

Israel GDP Growth Annualized
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-09 11:00 AM Q4 6.5% 4.1% 6.2% 6.2%
2017-04-20 10:00 AM Q4 6.3% 4.3% 6.5% 6.5%
2017-05-16 10:00 AM Q1 1.4% 4.7% 4.9%
2017-06-16 10:00 AM Q1 4.7% 1.4% 2%
2017-07-17 10:00 AM Q1 4.7%
2017-08-16 10:00 AM Q2 3.5%




Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 1.50 4.30 -1.10 percent [+]
GDP Annual Growth Rate 4.80 4.00 10.70 -3.20 percent [+]
GDP Growth Annualized 1.40 4.70 18.50 -4.20 percent [+]
GDP 299.40 308.77 308.77 2.60 USD Billion [+]
GDP Constant Prices 308979.30 274707.20 308979.30 120561.80 ILS Million [+]
Gross National Product 308700.40 310158.40 310158.40 68946.60 ILS Million [+]
Gross Fixed Capital Formation 62153.10 58599.70 62153.10 29537.60 ILS Million [+]
GDP per capita 33117.90 32954.20 33117.90 7801.20 USD [+]
GDP per capita PPP 31969.54 31812.63 31969.54 19760.16 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 45609.80 37168.80 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 Annualized Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 4.70 18.50 -4.20 1995 - 2017 percent Quarterly
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