Annual gdp growth in Israel
Israel: Annual gdp growth was 2.42 in 2023. β Volatile
Latest (2023)
2.42
Change on year
down 62.6%
World rank
123rd
of 211 countries
All-time high
9.34
in 2021
All-time low
-1.46
in 2020
Years of data
24
2000β2023
Annual gdp growth in Israel, 2000β2023
Source: Our World in Data.
Analysis
Israel recorded 2.42 for annual gdp growth in 2023.
The figure is down 62.6% on the previous year and down 42.8% over ten years.
Over the whole period, annual gdp growth in Israel peaked at 9.34 in 2021 and was at its lowest, -1.46, in 2020.
That places Israel 123rd out of 211 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.5 | -0.12 | 8.63 | 10 |
| 2010s | 4.07 | 2.31 | 5.63 | 10 |
| 2020s | 4.19 | -1.46 | 9.34 | 4 |
Countries ranked near Israel
- 121 Faroe Islands 2.49 compare
- 122 Gabon 2.45 compare
- 124 Romania 2.4 compare
- 125 Dominican Republic 2.36 compare
- 125 Ecuador 2.36 compare
More economy & growth data for Israel
- External balance on goods and services as a percent of gdp 2.13 (2025)
- Inflation of consumer prices 3.04 (2025)
- Gdp per capita worldbank constant usd 42,596 (2025)
- Manufacturing value added to gdp 11.24 (2024)
- Gdp worldbank constant usd 431.19 billion (2025)
- Gdp per capita in international and market dollars 42,596 (2025)
- DEC alternative conversion factor 3.45 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 14.20 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 4.12 billion current US$ (2025)
- Taxes less subsidies on products 173.40 billion current LCU (2024)
Frequently asked questions
- What is annual gdp growth in Israel?
- Annual gdp growth in Israel was 2.42 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Israel?
- The highest recorded value was 9.34 in 2021.
- What is the lowest annual gdp growth recorded in Israel?
- The lowest recorded value was -1.46 in 2020.
- How does Israel rank for annual gdp growth?
- Israel ranks 123rd out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Israel?
- Over the last ten years it is down 42.8%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY 4.0 (Our World in Data).