The economy of Israel contracted by 0.5 percent over the prior quarter on a seasonally adjusted basis in Q1 2022, following a 3.7 percent gain in the prior period, second estimates showed. source: Central Bureau of Statistics, Israel
GDP Growth Rate in Israel averaged 0.94 percent from 1980 until 2022, reaching an all time high of 8.70 percent in the third quarter of 2020 and a record low of -9.10 percent in the second quarter of 2020. This page provides - Israel GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
GDP Growth Rate in Israel is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel GDP Growth Rate is projected to trend around 0.50 percent in 2023, according to our econometric models.