Gross domestic product (GDP), Constant prices, Purchasing power in Israel

Israel: Gross domestic product (GDP), Constant prices, Purchasing power was 3.4 % change on previous year in 2019. ◆ Volatile

Latest (2019)
3.4 % change on previous year
Change on year
down 5.1%
World rank
75th
of 193 countries
All-time high
15.37 % change on previous year
in 1969
All-time low
-1.27 % change on previous year
in 1965
Years of data
59
1961–2019

Gross domestic product (GDP), Constant prices, Purchasing power in Israel, 1961–2019

051015196119902019

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

Analysis

In 2019, gross domestic product (gdp), constant prices, purchasing power in Israel stood at 3.4 % change on previous year.

The figure is down 5.1% on the previous year and up 333.0% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Israel peaked at 15.37 % change on previous year in 1969 and was at its lowest, -1.27 % change on previous year, in 1965.

That places Israel 75th out of 193 countries with data for 2019, putting it 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), Constant prices, Purchasing power in Israel, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Israel, 1961 to 2019.
Year % change on previous year Change
1961 10.9 % change on previous year —
1962 9.99 % change on previous year -8.4%
1963 10.54 % change on previous year +5.5%
1964 9.92 % change on previous year -5.8%
1965 -1.27 % change on previous year -112.8%
1966 9.41 % change on previous year -842.0%
1967 1 % change on previous year -89.4%
1968 2.3 % change on previous year +130.3%
1969 15.37 % change on previous year +567.0%
1970 14.33 % change on previous year -6.8%
1971 10.95 % change on previous year -23.6%
1972 12.15 % change on previous year +10.9%
1973 5.59 % change on previous year -54.0%
1974 6.48 % change on previous year +15.9%
1975 3.24 % change on previous year -49.9%
1976 0.3225 % change on previous year -90.1%
1977 1.04 % change on previous year +221.0%
1978 5.56 % change on previous year +436.6%
1979 6.21 % change on previous year +11.7%
1980 1.67 % change on previous year -73.1%
1981 5.34 % change on previous year +219.7%
1982 2.08 % change on previous year -61.0%
1983 3.36 % change on previous year +61.3%
1984 0.9332 % change on previous year -72.2%
1985 4.04 % change on previous year +332.6%
1986 4.19 % change on previous year +3.8%
1987 7.14 % change on previous year +70.4%
1988 2.91 % change on previous year -59.2%
1989 0.5742 % change on previous year -80.3%
1990 7.32 % change on previous year +1174.0%
1991 6.21 % change on previous year -15.1%
1992 7.76 % change on previous year +24.9%
1993 4.12 % change on previous year -46.9%
1994 7.43 % change on previous year +80.4%
1995 9.56 % change on previous year +28.8%
1996 6 % change on previous year -37.2%
1997 3.91 % change on previous year -34.9%
1998 4.17 % change on previous year +6.7%
1999 3.6 % change on previous year -13.7%
2000 9.01 % change on previous year +150.4%
2001 -0.1664 % change on previous year -101.8%
2002 -0.1459 % change on previous year -12.4%
2003 1.13 % change on previous year -874.3%
2004 4.75 % change on previous year +320.8%
2005 4.03 % change on previous year -15.3%
2006 5.59 % change on previous year +38.8%
2007 6.07 % change on previous year +8.6%
2008 3.31 % change on previous year -45.4%
2009 0.7863 % change on previous year -76.3%
2010 5.31 % change on previous year +575.1%
2011 4.83 % change on previous year -9.1%
2012 1.79 % change on previous year -62.8%
2013 4.27 % change on previous year +138.0%
2014 4.17 % change on previous year -2.3%
2015 2.09 % change on previous year -49.9%
2016 3.83 % change on previous year +82.9%
2017 3.57 % change on previous year -6.7%
2018 3.59 % change on previous year +0.5%
2019 3.4 % change on previous year -5.1%

Israel compared with similar countries

  • Israel's 3.4 % change on previous year is above the median for high income countries, which is 1.81 % change on previous year, 1.9× the median. (65 countries reporting)
  • Israel's 3.4 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.03 % change on previous year, 1.7× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power 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
1990 +1174.0% 0.5742 % change on previous year 7.32 % change on previous year
2003 +874.3% -0.1459 % change on previous year 1.13 % change on previous year
1966 +842.0% -1.27 % change on previous year 9.41 % change on previous year
2010 +575.1% 0.7863 % change on previous year 5.31 % change on previous year
1969 +567.0% 2.3 % change on previous year 15.37 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 7.57 % change on previous year -1.27 % change on previous year 15.37 % change on previous year 9
1970s 6.59 % change on previous year 0.3225 % change on previous year 14.33 % change on previous year 10
1980s 3.22 % change on previous year 0.5742 % change on previous year 7.14 % change on previous year 10
1990s 6.01 % change on previous year 3.6 % change on previous year 9.56 % change on previous year 10
2000s 3.44 % change on previous year -0.1664 % change on previous year 9.01 % change on previous year 10
2010s 3.69 % change on previous year 1.79 % change on previous year 5.31 % change on previous year 10

Countries ranked near Israel

  1. 72 North Macedonia 3.55 % change on previous year compare
  2. 73 Mauritius 3.55 % change on previous year compare
  3. 74 Moldova 3.46 % change on previous year compare
  4. 76 Antigua and Barbuda 3.35 % change on previous year compare
  5. 77 Pakistan 3.34 % change on previous year compare
  6. 78 Colombia 3.26 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for Israel

All data for Israel →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in Israel?
Gross domestic product (gdp), constant prices, purchasing power in Israel was 3.4 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Israel?
The highest recorded value was 15.37 % change on previous year in 1969.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Israel?
The lowest recorded value was -1.27 % change on previous year in 1965.
How does Israel rank for gross domestic product (gdp), constant prices, purchasing power?
Israel ranks 75th out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Israel?
Over the last ten years it is up 333.0%. 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 Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in Israel. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/israel/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.