Gross Domestic Product — Value US$, 2015 prices in Israel
Israel: Gross Domestic Product — Value US$, 2015 prices was 421,741 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Israel, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Israel recorded 421,741 million USD for gross domestic product — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 0.9% on the previous year and up 42.1% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Israel peaked at 421,741 million USD in 2024 and was at its lowest, 42,187 million USD, in 1970.
That places Israel 32nd out of 203 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Israel, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 42,187 million USD | — |
| 1971 | 46,807 million USD | +11.0% |
| 1972 | 52,492 million USD | +12.1% |
| 1973 | 55,425 million USD | +5.6% |
| 1974 | 59,015 million USD | +6.5% |
| 1975 | 60,928 million USD | +3.2% |
| 1976 | 61,125 million USD | +0.3% |
| 1977 | 61,758 million USD | +1.0% |
| 1978 | 65,188 million USD | +5.6% |
| 1979 | 69,235 million USD | +6.2% |
| 1980 | 70,392 million USD | +1.7% |
| 1981 | 74,151 million USD | +5.3% |
| 1982 | 75,695 million USD | +2.1% |
| 1983 | 78,237 million USD | +3.4% |
| 1984 | 78,968 million USD | +0.9% |
| 1985 | 82,155 million USD | +4.0% |
| 1986 | 85,598 million USD | +4.2% |
| 1987 | 91,709 million USD | +7.1% |
| 1988 | 94,378 million USD | +2.9% |
| 1989 | 94,920 million USD | +0.6% |
| 1990 | 101,864 million USD | +7.3% |
| 1991 | 109,734 million USD | +7.7% |
| 1992 | 118,249 million USD | +7.8% |
| 1993 | 123,117 million USD | +4.1% |
| 1994 | 132,262 million USD | +7.4% |
| 1995 | 144,579 million USD | +9.3% |
| 1996 | 153,123 million USD | +5.9% |
| 1997 | 158,792 million USD | +3.7% |
| 1998 | 165,201 million USD | +4.0% |
| 1999 | 170,713 million USD | +3.3% |
| 2000 | 185,410 million USD | +8.6% |
| 2001 | 185,923 million USD | +0.3% |
| 2002 | 185,756 million USD | -0.1% |
| 2003 | 188,469 million USD | +1.5% |
| 2004 | 197,286 million USD | +4.7% |
| 2005 | 205,628 million USD | +4.2% |
| 2006 | 217,159 million USD | +5.6% |
| 2007 | 230,330 million USD | +6.1% |
| 2008 | 237,721 million USD | +3.2% |
| 2009 | 240,664 million USD | +1.2% |
| 2010 | 253,983 million USD | +5.5% |
| 2011 | 268,000 million USD | +5.5% |
| 2012 | 274,559 million USD | +2.4% |
| 2013 | 285,878 million USD | +4.1% |
| 2014 | 296,694 million USD | +3.8% |
| 2015 | 303,470 million USD | +2.3% |
| 2016 | 316,966 million USD | +4.4% |
| 2017 | 330,711 million USD | +4.3% |
| 2018 | 344,155 million USD | +4.1% |
| 2019 | 357,199 million USD | +3.8% |
| 2020 | 351,934 million USD | -1.5% |
| 2021 | 385,248 million USD | +9.5% |
| 2022 | 409,759 million USD | +6.4% |
| 2023 | 418,096 million USD | +2.0% |
| 2024 | 421,741 million USD | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 57,416 million USD | 42,187 million USD | 69,235 million USD | 10 |
| 1980s | 82,620 million USD | 70,392 million USD | 94,920 million USD | 10 |
| 1990s | 137,763 million USD | 101,864 million USD | 170,713 million USD | 10 |
| 2000s | 207,435 million USD | 185,410 million USD | 240,664 million USD | 10 |
| 2010s | 303,162 million USD | 253,983 million USD | 357,199 million USD | 10 |
| 2020s | 397,356 million USD | 351,934 million USD | 421,741 million USD | 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)
- Services, value added (constant LCU), per capita 122,058 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 2.09 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.94 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9136 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 49,531 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.87 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.38 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 183,250 current LCU per person (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Israel?
- Gross domestic product — value us$, 2015 prices in Israel was 421,741 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Israel?
- The highest recorded value was 421,741 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Israel?
- The lowest recorded value was 42,187 million USD in 1970.
- How does Israel rank for gross domestic product — value us$, 2015 prices?
- Israel ranks 32nd out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 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).