Gross Domestic Product — Value Standard Local Currency, 2015 prices in Israel
Israel: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 1.64 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Israel, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Israel is 1.64 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 0.9% on the previous year and up 42.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Israel peaked at 1.64 million million SLC in 2024 and was at its lowest, 163,973 million SLC, in 1970.
That places Israel 78th out of 194 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.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Israel, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 163,973 million SLC | — |
| 1971 | 181,930 million SLC | +11.0% |
| 1972 | 204,029 million SLC | +12.1% |
| 1973 | 215,429 million SLC | +5.6% |
| 1974 | 229,380 million SLC | +6.5% |
| 1975 | 236,818 million SLC | +3.2% |
| 1976 | 237,582 million SLC | +0.3% |
| 1977 | 240,042 million SLC | +1.0% |
| 1978 | 253,376 million SLC | +5.6% |
| 1979 | 269,106 million SLC | +6.2% |
| 1980 | 273,601 million SLC | +1.7% |
| 1981 | 288,211 million SLC | +5.3% |
| 1982 | 294,213 million SLC | +2.1% |
| 1983 | 304,096 million SLC | +3.4% |
| 1984 | 306,934 million SLC | +0.9% |
| 1985 | 319,324 million SLC | +4.0% |
| 1986 | 332,705 million SLC | +4.2% |
| 1987 | 356,459 million SLC | +7.1% |
| 1988 | 366,832 million SLC | +2.9% |
| 1989 | 368,940 million SLC | +0.6% |
| 1990 | 395,929 million SLC | +7.3% |
| 1991 | 426,519 million SLC | +7.7% |
| 1992 | 459,613 million SLC | +7.8% |
| 1993 | 478,535 million SLC | +4.1% |
| 1994 | 514,079 million SLC | +7.4% |
| 1995 | 561,956 million SLC | +9.3% |
| 1996 | 595,164 million SLC | +5.9% |
| 1997 | 617,198 million SLC | +3.7% |
| 1998 | 642,108 million SLC | +4.0% |
| 1999 | 663,533 million SLC | +3.3% |
| 2000 | 720,659 million SLC | +8.6% |
| 2001 | 722,650 million SLC | +0.3% |
| 2002 | 722,002 million SLC | -0.1% |
| 2003 | 732,548 million SLC | +1.5% |
| 2004 | 766,816 million SLC | +4.7% |
| 2005 | 799,242 million SLC | +4.2% |
| 2006 | 844,061 million SLC | +5.6% |
| 2007 | 895,256 million SLC | +6.1% |
| 2008 | 923,983 million SLC | +3.2% |
| 2009 | 935,421 million SLC | +1.2% |
| 2010 | 987,190 million SLC | +5.5% |
| 2011 | 1.04 million million SLC | +5.5% |
| 2012 | 1.07 million million SLC | +2.4% |
| 2013 | 1.11 million million SLC | +4.1% |
| 2014 | 1.15 million million SLC | +3.8% |
| 2015 | 1.18 million million SLC | +2.3% |
| 2016 | 1.23 million million SLC | +4.4% |
| 2017 | 1.29 million million SLC | +4.3% |
| 2018 | 1.34 million million SLC | +4.1% |
| 2019 | 1.39 million million SLC | +3.8% |
| 2020 | 1.37 million million SLC | -1.5% |
| 2021 | 1.50 million million SLC | +9.5% |
| 2022 | 1.59 million million SLC | +6.4% |
| 2023 | 1.63 million million SLC | +2.0% |
| 2024 | 1.64 million million SLC | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 223,166 million SLC | 163,973 million SLC | 269,106 million SLC | 10 |
| 1980s | 321,132 million SLC | 273,601 million SLC | 368,940 million SLC | 10 |
| 1990s | 535,463 million SLC | 395,929 million SLC | 663,533 million SLC | 10 |
| 2000s | 806,264 million SLC | 720,659 million SLC | 935,421 million SLC | 10 |
| 2010s | 1.18 million million SLC | 987,190 million SLC | 1.39 million million SLC | 10 |
| 2020s | 1.54 million million SLC | 1.37 million million SLC | 1.64 million million SLC | 5 |
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)
- Exports of goods and services (current LCU), annual growth rate 1.98 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.9513 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 57,398 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.71 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2158 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 13,022 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 16.23 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.238 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Israel?
- Gross domestic product — value standard local currency, 2015 prices in Israel was 1.64 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Israel?
- The highest recorded value was 1.64 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Israel?
- The lowest recorded value was 163,973 million SLC in 1970.
- How does Israel rank for gross domestic product — value standard local currency, 2015 prices?
- Israel ranks 78th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Israel?
- Over the last ten years it is up 42.1%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).