Gross domestic product (GDP), annual growth rate in Israel
Israel: Gross domestic product (GDP), annual growth rate was 4.03 % change on previous year in 2023. ◆ Volatile
Latest (2023)
4.03 % change on previous year
Change on year
down 25.4%
World rank
60th
of 184 countries
All-time high
34.18 % change on previous year
in 1951
All-time low
-4 % change on previous year
in 2018
Years of data
73
1951–2023
Gross domestic product (GDP), annual growth rate in Israel, 1951–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Israel recorded 4.03 % change on previous year for gross domestic product (gdp), annual growth rate in 2023.
The figure is down 25.4% on the previous year and up 9.5% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Israel peaked at 34.18 % change on previous year in 1951 and was at its lowest, -4 % change on previous year, in 2018.
Israel ranks 60th of 184 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Israel, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1951 | 34.18 % change on previous year | — |
| 1952 | -3.04 % change on previous year | -108.9% |
| 1953 | -0.3132 % change on previous year | -89.7% |
| 1954 | 19.33 % change on previous year | -6272.1% |
| 1955 | 13.36 % change on previous year | -30.9% |
| 1956 | 11.08 % change on previous year | -17.1% |
| 1957 | 7.35 % change on previous year | -33.7% |
| 1958 | 7.21 % change on previous year | -1.9% |
| 1959 | 12.31 % change on previous year | +70.7% |
| 1960 | 6.22 % change on previous year | -49.5% |
| 1961 | 11.4 % change on previous year | +83.2% |
| 1962 | 8.21 % change on previous year | -28.0% |
| 1963 | 11.28 % change on previous year | +37.3% |
| 1964 | 9.03 % change on previous year | -19.9% |
| 1965 | -0.0498 % change on previous year | -100.6% |
| 1966 | 10.35 % change on previous year | -20879.8% |
| 1967 | 0.5976 % change on previous year | -94.2% |
| 1968 | 4.93 % change on previous year | +724.4% |
| 1969 | 14.7 % change on previous year | +198.4% |
| 1970 | 12.18 % change on previous year | -17.1% |
| 1971 | 10.9 % change on previous year | -10.5% |
| 1972 | 10.71 % change on previous year | -1.8% |
| 1973 | 8.72 % change on previous year | -18.5% |
| 1974 | 5.29 % change on previous year | -39.4% |
| 1975 | 4.04 % change on previous year | -23.5% |
| 1976 | 0.2771 % change on previous year | -93.1% |
| 1977 | 0.0056 % change on previous year | -98.0% |
| 1978 | 4.69 % change on previous year | +83669.0% |
| 1979 | 4.54 % change on previous year | -3.2% |
| 1980 | 2.75 % change on previous year | -39.3% |
| 1981 | 6.07 % change on previous year | +120.3% |
| 1982 | 2.83 % change on previous year | -53.3% |
| 1983 | 4.14 % change on previous year | +46.2% |
| 1984 | 1.68 % change on previous year | -59.4% |
| 1985 | 2.11 % change on previous year | +25.4% |
| 1986 | 6.63 % change on previous year | +214.9% |
| 1987 | 8.39 % change on previous year | +26.5% |
| 1988 | 3.87 % change on previous year | -53.8% |
| 1989 | -1.3 % change on previous year | -133.6% |
| 1990 | 9.99 % change on previous year | -868.0% |
| 1991 | 9.51 % change on previous year | -4.8% |
| 1992 | 8.77 % change on previous year | -7.7% |
| 1993 | 5.89 % change on previous year | -32.8% |
| 1994 | 7.17 % change on previous year | +21.6% |
| 1995 | 9.67 % change on previous year | +34.9% |
| 1996 | 8.88 % change on previous year | -8.1% |
| 1997 | 4.82 % change on previous year | -45.8% |
| 1998 | 4.31 % change on previous year | -10.6% |
| 1999 | 4.8 % change on previous year | +11.4% |
| 2000 | 10.12 % change on previous year | +110.9% |
| 2001 | 1.88 % change on previous year | -81.4% |
| 2002 | 0.9381 % change on previous year | -50.2% |
| 2003 | -3.67 % change on previous year | -491.3% |
| 2004 | -0.8284 % change on previous year | -77.4% |
| 2005 | 1.26 % change on previous year | -252.1% |
| 2006 | 0.7804 % change on previous year | -38.1% |
| 2007 | 1.57 % change on previous year | +101.4% |
| 2008 | 0.1857 % change on previous year | -88.2% |
| 2009 | 5.59 % change on previous year | +2909.9% |
| 2010 | 5.19 % change on previous year | -7.2% |
| 2011 | 5.5 % change on previous year | +6.0% |
| 2012 | 5.42 % change on previous year | -1.5% |
| 2013 | 3.68 % change on previous year | -32.1% |
| 2014 | 2.23 % change on previous year | -39.5% |
| 2015 | 3.92 % change on previous year | +76.0% |
| 2016 | 6.26 % change on previous year | +59.8% |
| 2017 | 2.19 % change on previous year | -64.9% |
| 2018 | -4 % change on previous year | -282.3% |
| 2019 | 1.23 % change on previous year | -130.7% |
| 2020 | -0.9941 % change on previous year | -180.8% |
| 2021 | 7.45 % change on previous year | -849.6% |
| 2022 | 5.4 % change on previous year | -27.5% |
| 2023 | 4.03 % change on previous year | -25.4% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 1978 | +83669.0% | 0.0056 % change on previous year | 4.69 % change on previous year |
| 1966 | +20879.8% | -0.0498 % change on previous year | 10.35 % change on previous year |
| 1954 | +6272.1% | -0.3132 % change on previous year | 19.33 % change on previous year |
| 2009 | +2909.9% | 0.1857 % change on previous year | 5.59 % change on previous year |
| 1990 | +868.0% | -1.3 % change on previous year | 9.99 % change on previous year |
| 2021 | +849.6% | -0.9941 % change on previous year | 7.45 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 11.28 % change on previous year | -3.04 % change on previous year | 34.18 % change on previous year | 9 |
| 1960s | 7.67 % change on previous year | -0.0498 % change on previous year | 14.7 % change on previous year | 10 |
| 1970s | 6.14 % change on previous year | 0.0056 % change on previous year | 12.18 % change on previous year | 10 |
| 1980s | 3.72 % change on previous year | -1.3 % change on previous year | 8.39 % change on previous year | 10 |
| 1990s | 7.38 % change on previous year | 4.31 % change on previous year | 9.99 % change on previous year | 10 |
| 2000s | 1.78 % change on previous year | -3.67 % change on previous year | 10.12 % change on previous year | 10 |
| 2010s | 3.16 % change on previous year | -4 % change on previous year | 6.26 % change on previous year | 10 |
| 2020s | 3.97 % change on previous year | -0.9941 % change on previous year | 7.45 % change on previous year | 4 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 14.47 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0237 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,429 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 26.22 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 77.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0429 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,590 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.96 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), annual growth rate in Israel?
- Gross domestic product (gdp), annual growth rate in Israel was 4.03 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Israel?
- The highest recorded value was 34.18 % change on previous year in 1951.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Israel?
- The lowest recorded value was -4 % change on previous year in 2018.
- How does Israel rank for gross domestic product (gdp), annual growth rate?
- Israel ranks 60th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Israel?
- Over the last ten years it is up 9.5%. 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 Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 73 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
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
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.