Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Israel

Israel: Gross Domestic Product — Value US$, 2015 prices, annual growth rate was 0.8718 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.8718 % change on previous year
Change on year
down 57.2%
World rank
196th
of 236 countries
All-time high
12.15 % change on previous year
in 1972
All-time low
-1.47 % change on previous year
in 2020
Years of data
54
1971–2024

Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Israel, 1971–2024

0510197119972024

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

Analysis

Israel recorded 0.8718 % change on previous year for gross domestic product — value us$, 2015 prices, annual growth rate in 2024.

The figure is down 57.2% on the previous year and down 77.0% over ten years.

Over the whole period, gross domestic product — value us$, 2015 prices, annual growth rate in Israel peaked at 12.15 % change on previous year in 1972 and was at its lowest, -1.47 % change on previous year, in 2020.

Israel ranks 196th of 236 countries on this measure, in the bottom quarter.

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

Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Israel, year by year

Annual values for Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Israel, 1971 to 2024.
Year % change on previous year Change
1971 10.95 % change on previous year
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 +11.8%
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 0.9333 % change on previous year -72.2%
1985 4.04 % change on previous year +332.5%
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 0.5747 % change on previous year -80.3%
1990 7.32 % change on previous year +1172.8%
1991 7.73 % change on previous year +5.6%
1992 7.76 % change on previous year +0.4%
1993 4.12 % change on previous year -46.9%
1994 7.43 % change on previous year +80.4%
1995 9.31 % change on previous year +25.4%
1996 5.91 % change on previous year -36.5%
1997 3.7 % change on previous year -37.4%
1998 4.04 % change on previous year +9.0%
1999 3.34 % change on previous year -17.3%
2000 8.61 % change on previous year +158.0%
2001 0.2767 % change on previous year -96.8%
2002 -0.0898 % change on previous year -132.5%
2003 1.46 % change on previous year -1726.0%
2004 4.68 % change on previous year +220.3%
2005 4.23 % change on previous year -9.6%
2006 5.61 % change on previous year +32.6%
2007 6.07 % change on previous year +8.2%
2008 3.21 % change on previous year -47.1%
2009 1.24 % change on previous year -61.4%
2010 5.53 % change on previous year +347.0%
2011 5.52 % change on previous year -0.3%
2012 2.45 % change on previous year -55.7%
2013 4.12 % change on previous year +68.4%
2014 3.78 % change on previous year -8.2%
2015 2.28 % change on previous year -39.6%
2016 4.45 % change on previous year +94.7%
2017 4.34 % change on previous year -2.5%
2018 4.07 % change on previous year -6.3%
2019 3.79 % change on previous year -6.8%
2020 -1.47 % change on previous year -138.9%
2021 9.47 % change on previous year -742.2%
2022 6.36 % change on previous year -32.8%
2023 2.03 % change on previous year -68.0%
2024 0.8718 % change on previous year -57.2%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, 2015 prices, 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.

YearChange FromTo
2003 +1726.0% -0.0898 % change on previous year 1.46 % change on previous year
1990 +1172.8% 0.5747 % change on previous year 7.32 % change on previous year
2021 +742.2% -1.47 % change on previous year 9.47 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.72 % change on previous year 0.3225 % change on previous year 12.15 % change on previous year 9
1980s 3.22 % change on previous year 0.5747 % change on previous year 7.14 % change on previous year 10
1990s 6.06 % change on previous year 3.34 % change on previous year 9.31 % change on previous year 10
2000s 3.53 % change on previous year -0.0898 % change on previous year 8.61 % change on previous year 10
2010s 4.03 % change on previous year 2.28 % change on previous year 5.53 % change on previous year 10
2020s 3.45 % change on previous year -1.47 % change on previous year 9.47 % change on previous year 5

Countries ranked near Israel

  1. 193 Afghanistan 0.9209 % change on previous year compare
  2. 194 Equatorial Guinea 0.9072 % change on previous year compare
  3. 195 Sao Tome and Principe 0.8999 % change on previous year compare
  4. 197 Democratic People's Republic of Korea 0.8712 % change on previous year compare
  5. 198 Romania 0.8133 % change on previous year compare
  6. 199 Italy 0.726 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Israel

All data for Israel →

Frequently asked questions

What is gross domestic product — value us$, 2015 prices, annual growth rate in Israel?
Gross domestic product — value us$, 2015 prices, annual growth rate in Israel was 0.8718 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Israel?
The highest recorded value was 12.15 % change on previous year in 1972.
What is the lowest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Israel?
The lowest recorded value was -1.47 % change on previous year in 2020.
How does Israel rank for gross domestic product — value us$, 2015 prices, annual growth rate?
Israel ranks 196th out of 236 countries with data for 2024.
Is gross domestic product — value us$, 2015 prices, annual growth rate rising or falling in Israel?
Over the last ten years it is down 77.0%. 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 — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Israel. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices-annual-growth-rate/israel/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$, 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
Gross Domestic Product — Value US$, 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
266 places, 13,306 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.