Annual GDP growth (%) in Israel
Israel: Annual GDP growth (%) was 0.9% in 2024. ◆ Volatile
Annual GDP growth in Israel, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
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 188th of 230 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 | % | 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% |
Israel compared with similar countries
- Israel's 0.9% is below the median for high income countries, which is 2.1%, 41% of the median. (80 countries reporting)
- Israel's 0.9% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.3%, 38% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Israel changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +1180.8% | -0.1% | 1.4% |
| 2021 | +564.4% | -2.0% | 9.4% |
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
- Real gdp growth, annual growth rate 207.23 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 6.58 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0065 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 394.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.5 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0048 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 287.7 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.95 % change on previous year (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 188th out of 230 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.
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