Israel Q2 GDP Growth Revised Back to 15.4%

2026-10-19 07:24 By Judith Sib-at 1 min. read

Israel’s economy grew at an annualized rate of 15.4% in the second quarter of 2026, revised upward from 14.9% in the second estimate and returning to the level reported in the first estimate.

This followed a revised 1.5% contraction in the first quarter.

Exports, excluding startups and diamonds, increased by 17.7%, up from 16.6% in the second estimate but below the initial estimate of 25.2%.

Growth in government spending was revised upward to 22.4%, compared with 22.2% in the second estimate and 19.5% in the first estimate.

Meanwhile, private consumption growth was revised down to 14.6% from 15.0% in the previous estimate.

Investment in fixed assets was also weaker than initially reported, rising by 4.1% in both the second and latest estimates, compared with a 6.3% increase in the first estimate.

For the first half of 2026, the annualized growth rate was 3.7%, up from 3.5% in the second estimate and 3.2% in the initial estimate.



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Israel Q2 GDP Growth Revised Back to 15.4%
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