Annual GDP growth in Israel
Israel: Annual GDP growth was 0.9% in 2024. ◆ Volatile
Latest (2024)
0.9%
Change on year
down 52.3%
World rank
163rd
of 196 countries
All-time high
9.4%
in 2021
All-time low
-2.0%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Israel, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Israel recorded 0.9% for annual gdp growth in 2024.
Compared with earlier readings it is down 52.3% on the previous year and down 76.9% over ten years.
Over the whole period, annual gdp growth in Israel peaked at 9.4% in 2021 and was at its lowest, -2.0%, in 2020.
Israel ranks 163rd of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Israel, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 8.6% | — |
| 2001 | 0.3% | -96.8% |
| 2002 | -0.1% | -148.2% |
| 2003 | 1.4% | -1180.8% |
| 2004 | 4.6% | +220.8% |
| 2005 | 4.4% | -5.6% |
| 2006 | 5.6% | +27.7% |
| 2007 | 6.3% | +12.9% |
| 2008 | 3.2% | -49.0% |
| 2009 | 1.2% | -61.6% |
| 2010 | 5.5% | +347.1% |
| 2011 | 5.5% | -0.3% |
| 2012 | 2.4% | -55.7% |
| 2013 | 4.1% | +67.0% |
| 2014 | 3.8% | -7.6% |
| 2015 | 2.2% | -40.7% |
| 2016 | 4.5% | +99.3% |
| 2017 | 4.3% | -2.5% |
| 2018 | 4.0% | -7.9% |
| 2019 | 3.7% | -7.3% |
| 2020 | -2.0% | -154.5% |
| 2021 | 9.4% | -564.4% |
| 2022 | 6.3% | -33.3% |
| 2023 | 1.8% | -70.8% |
| 2024 | 0.9% | -52.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.6% | -0.1% | 8.6% | 10 |
| 2010s | 4.0% | 2.2% | 5.5% | 10 |
| 2020s | 3.3% | -2.0% | 9.4% | 5 |
Countries ranked near Israel
More economy & growth data for Israel
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.56 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 2.93 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.706 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 42,596 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.93 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 2.86 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 172,345 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 13.74 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2647 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Israel?
- Annual gdp growth in Israel was 0.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Israel?
- The highest recorded value was 9.4% in 2021.
- What is the lowest annual gdp growth recorded in Israel?
- The lowest recorded value was -2.0% in 2020.
- How does Israel rank for annual gdp growth?
- Israel ranks 163rd out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Israel?
- Over the last ten years it is down 76.9%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).