Gross Domestic Product — Value US$ in Israel
Israel: Gross Domestic Product — Value US$ was 541,885 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Israel, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Israel stood at 541,885 million USD. That is the highest value across all 55 years on record.
The figure is up 5.5% on the previous year and up 72.0% over ten years.
Over the whole period, gross domestic product — value us$ in Israel peaked at 541,885 million USD in 2024 and was at its lowest, 6,020 million USD, in 1970.
Israel ranks 27th of 203 countries on this measure, 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$ in Israel, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 6,020 million USD | — |
| 1971 | 7,055 million USD | +17.2% |
| 1972 | 8,368 million USD | +18.6% |
| 1973 | 10,762 million USD | +28.6% |
| 1974 | 14,631 million USD | +35.9% |
| 1975 | 14,493 million USD | -0.9% |
| 1976 | 15,271 million USD | +5.4% |
| 1977 | 16,572 million USD | +8.5% |
| 1978 | 16,364 million USD | -1.3% |
| 1979 | 21,094 million USD | +28.9% |
| 1980 | 23,964 million USD | +13.6% |
| 1981 | 25,420 million USD | +6.1% |
| 1982 | 27,776 million USD | +9.3% |
| 1983 | 30,973 million USD | +11.5% |
| 1984 | 29,055 million USD | -6.2% |
| 1985 | 27,408 million USD | -5.7% |
| 1986 | 33,975 million USD | +24.0% |
| 1987 | 40,816 million USD | +20.1% |
| 1988 | 49,919 million USD | +22.3% |
| 1989 | 49,723 million USD | -0.4% |
| 1990 | 58,801 million USD | +18.3% |
| 1991 | 67,316 million USD | +14.5% |
| 1992 | 75,337 million USD | +11.9% |
| 1993 | 75,714 million USD | +0.5% |
| 1994 | 86,035 million USD | +13.6% |
| 1995 | 105,553 million USD | +22.7% |
| 1996 | 115,181 million USD | +9.1% |
| 1997 | 119,516 million USD | +3.8% |
| 1998 | 120,586 million USD | +0.9% |
| 1999 | 121,425 million USD | +0.7% |
| 2000 | 136,517 million USD | +12.4% |
| 2001 | 134,990 million USD | -1.1% |
| 2002 | 125,339 million USD | -7.1% |
| 2003 | 131,544 million USD | +5.0% |
| 2004 | 140,162 million USD | +6.6% |
| 2005 | 147,442 million USD | +5.2% |
| 2006 | 159,075 million USD | +7.9% |
| 2007 | 184,706 million USD | +16.1% |
| 2008 | 221,231 million USD | +19.8% |
| 2009 | 213,401 million USD | -3.5% |
| 2010 | 239,679 million USD | +12.3% |
| 2011 | 268,095 million USD | +11.9% |
| 2012 | 263,590 million USD | -1.7% |
| 2013 | 298,468 million USD | +13.2% |
| 2014 | 315,019 million USD | +5.5% |
| 2015 | 303,470 million USD | -3.7% |
| 2016 | 321,942 million USD | +6.1% |
| 2017 | 358,459 million USD | +11.3% |
| 2018 | 376,309 million USD | +5.0% |
| 2019 | 400,941 million USD | +6.5% |
| 2020 | 413,196 million USD | +3.1% |
| 2021 | 492,596 million USD | +19.2% |
| 2022 | 527,694 million USD | +7.1% |
| 2023 | 513,611 million USD | -2.7% |
| 2024 | 541,885 million USD | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13,063 million USD | 6,020 million USD | 21,094 million USD | 10 |
| 1980s | 33,903 million USD | 23,964 million USD | 49,919 million USD | 10 |
| 1990s | 94,546 million USD | 58,801 million USD | 121,425 million USD | 10 |
| 2000s | 159,441 million USD | 125,339 million USD | 221,231 million USD | 10 |
| 2010s | 314,597 million USD | 239,679 million USD | 400,941 million USD | 10 |
| 2020s | 497,796 million USD | 413,196 million USD | 541,885 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)
- GNI, Atlas method (current US$), annual growth rate 7.11 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9312 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 56,184 current US$ per person (2025)
- GNI (current US$), annual growth rate 11.66 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9859 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 59,485 current US$ per person (2025)
- GNI (current LCU), annual growth rate 4.18 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 3.4 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Israel?
- Gross domestic product — value us$ in Israel was 541,885 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Israel?
- The highest recorded value was 541,885 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Israel?
- The lowest recorded value was 6,020 million USD in 1970.
- How does Israel rank for gross domestic product — value us$?
- Israel ranks 27th out of 203 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Israel?
- Over the last ten years it is up 72.0%. 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$. Statizoid updates them automatically from the source API.
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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).