GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Israel

Israel: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 5.52 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.52 % change on previous year
Change on year
up 33.6%
World rank
58th
of 209 countries
All-time high
384.77 % change on previous year
in 1984
All-time low
-0.5703 % change on previous year
in 2003
Years of data
54
1971–2024

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Israel, 1971–2024

0100200300400197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator — value standard local currency, 2015 prices, annual in Israel stood at 5.52 % change on previous year.

The figure is up 33.6% on the previous year and up 614.0% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Israel peaked at 384.77 % change on previous year in 1984 and was at its lowest, -0.5703 % change on previous year, in 2003.

That places Israel 58th out of 209 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Israel, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Israel, 1971 to 2024.
Year % change on previous year Change
1971 14.43 % change on previous year
1972 16.58 % change on previous year +14.9%
1973 22.24 % change on previous year +34.1%
1974 35.5 % change on previous year +59.6%
1975 36.57 % change on previous year +3.0%
1976 31.37 % change on previous year -14.2%
1977 41.56 % change on previous year +32.5%
1978 56.14 % change on previous year +35.1%
1979 76.86 % change on previous year +36.9%
1980 125.37 % change on previous year +63.1%
1981 124.62 % change on previous year -0.6%
1982 127.24 % change on previous year +2.1%
1983 149.92 % change on previous year +17.8%
1984 384.77 % change on previous year +156.6%
1985 264.54 % change on previous year -31.2%
1986 50.16 % change on previous year -81.0%
1987 20.18 % change on previous year -59.8%
1988 19.17 % change on previous year -5.0%
1989 18.7 % change on previous year -2.4%
1990 15.93 % change on previous year -14.8%
1991 20.13 % change on previous year +26.3%
1992 12.06 % change on previous year -40.1%
1993 11.09 % change on previous year -8.0%
1994 12.54 % change on previous year +13.1%
1995 12.24 % change on previous year -2.4%
1996 9.2 % change on previous year -24.8%
1997 8.14 % change on previous year -11.6%
1998 6.84 % change on previous year -15.9%
1999 6.15 % change on previous year -10.0%
2000 1.96 % change on previous year -68.2%
2001 1.71 % change on previous year -12.5%
2002 4.69 % change on previous year +174.0%
2003 -0.5703 % change on previous year -112.2%
2004 0.1771 % change on previous year -131.0%
2005 1.05 % change on previous year +495.7%
2006 1.44 % change on previous year +36.1%
2007 0.9293 % change on previous year -35.3%
2008 1.36 % change on previous year +46.3%
2009 4.42 % change on previous year +225.6%
2010 1.19 % change on previous year -73.1%
2011 1.45 % change on previous year +21.4%
2012 3.42 % change on previous year +136.7%
2013 1.83 % change on previous year -46.4%
2014 0.7725 % change on previous year -57.9%
2015 2.31 % change on previous year +199.6%
2016 0.361 % change on previous year -84.4%
2017 0.0179 % change on previous year -95.0%
2018 0.6266 % change on previous year +3393.8%
2019 1.91 % change on previous year +204.9%
2020 1.02 % change on previous year -46.9%
2021 2.19 % change on previous year +116.0%
2022 4.75 % change on previous year +116.7%
2023 4.13 % change on previous year -13.1%
2024 5.52 % change on previous year +33.6%

Israel compared with similar countries

  • Israel's 5.52 % change on previous year is above the median for high income countries, which is 2.83 % change on previous year, 1.9× the median. (68 countries reporting)
  • Israel's 5.52 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.23 % change on previous year, 1.7× the median. (21 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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.

YearChange FromTo
2018 +3393.8% 0.0179 % change on previous year 0.6266 % change on previous year
2005 +495.7% 0.1771 % change on previous year 1.05 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 36.81 % change on previous year 14.43 % change on previous year 76.86 % change on previous year 9
1980s 128.47 % change on previous year 18.7 % change on previous year 384.77 % change on previous year 10
1990s 11.43 % change on previous year 6.15 % change on previous year 20.13 % change on previous year 10
2000s 1.72 % change on previous year -0.5703 % change on previous year 4.69 % change on previous year 10
2010s 1.39 % change on previous year 0.0179 % change on previous year 3.42 % change on previous year 10
2020s 3.52 % change on previous year 1.02 % change on previous year 5.52 % change on previous year 5

Countries ranked near Israel

  1. 55 Iceland 5.86 % change on previous year compare
  2. 56 Colombia 5.78 % change on previous year compare
  3. 57 Cuba 5.74 % change on previous year compare
  4. 59 Croatia 5.5 % change on previous year compare
  5. 60 Micronesia (Federated States of) 5.44 % change on previous year compare
  6. 61 Serbia 5.23 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Israel

All data for Israel →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices, annual in Israel?
Gdp deflator — value standard local currency, 2015 prices, annual in Israel was 5.52 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Israel?
The highest recorded value was 384.77 % change on previous year in 1984.
What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Israel?
The lowest recorded value was -0.5703 % change on previous year in 2003.
How does Israel rank for gdp deflator — value standard local currency, 2015 prices, annual?
Israel ranks 58th out of 209 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Israel?
Over the last ten years it is up 614.0%. The long-run trend across the full record is volatile.
Where does this Israel data come from?
The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Israel. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices-annual-growth-rate/israel/

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How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,569 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.