Gross National Income — Value Standard Local Currency, annual growth in Israel

Israel: Gross National Income — Value Standard Local Currency, annual growth was 6.19 % change on previous year in 2023. ◆ Volatile

Latest (2023)
6.19 % change on previous year
Change on year
down 49.6%
World rank
155th
of 231 countries
All-time high
375.87 % change on previous year
in 1984
All-time low
-0.9586 % change on previous year
in 2020
Years of data
53
1971–2023

Gross National Income — Value Standard Local Currency, annual growth in Israel, 1971–2023

0100200300400197119972023

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

Analysis

The most recent figure for gross national income — value standard local currency, annual growth in Israel is 6.19 % change on previous year, measured in 2023.

Compared with earlier readings it is down 49.6% on the previous year and down 5.9% over ten years.

Over the whole period, gross national income — value standard local currency, annual growth in Israel peaked at 375.87 % change on previous year in 1984 and was at its lowest, -0.9586 % change on previous year, in 2020.

Israel ranks 155th of 231 countries on this measure, in the middle of the range.

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

Gross National Income — Value Standard Local Currency, annual growth in Israel, year by year

Annual values for Gross National Income — Value Standard Local Currency, annual growth rate in Israel, 1971 to 2023.
Year % change on previous year Change
1971 27.97 % change on previous year
1972 30.13 % change on previous year +7.7%
1973 29.09 % change on previous year -3.5%
1974 43.93 % change on previous year +51.0%
1975 39.13 % change on previous year -10.9%
1976 31.99 % change on previous year -18.2%
1977 43.86 % change on previous year +37.1%
1978 63.58 % change on previous year +45.0%
1979 88.52 % change on previous year +39.2%
1980 127.05 % change on previous year +43.5%
1981 138.66 % change on previous year +9.1%
1982 130.36 % change on previous year -6.0%
1983 157.79 % change on previous year +21.0%
1984 375.87 % change on previous year +138.2%
1985 277.38 % change on previous year -26.2%
1986 58.76 % change on previous year -78.8%
1987 29.88 % change on previous year -49.2%
1988 23.89 % change on previous year -20.1%
1989 19.96 % change on previous year -16.4%
1990 25.43 % change on previous year +27.4%
1991 30.68 % change on previous year +20.6%
1992 20.43 % change on previous year -33.4%
1993 15.62 % change on previous year -23.5%
1994 20.72 % change on previous year +32.6%
1995 23.19 % change on previous year +11.9%
1996 15.18 % change on previous year -34.5%
1997 11.77 % change on previous year -22.5%
1998 11.22 % change on previous year -4.7%
1999 8.63 % change on previous year -23.1%
2000 8.54 % change on previous year -1.0%
2001 4.13 % change on previous year -51.7%
2002 5.2 % change on previous year +26.1%
2003 0.9712 % change on previous year -81.3%
2004 5.58 % change on previous year +474.2%
2005 7.44 % change on previous year +33.3%
2006 7.62 % change on previous year +2.5%
2007 7.2 % change on previous year -5.6%
2008 2.79 % change on previous year -61.3%
2009 5.12 % change on previous year +83.7%
2010 7.49 % change on previous year +46.3%
2011 7.66 % change on previous year +2.2%
2012 4.67 % change on previous year -39.1%
2013 6.57 % change on previous year +40.9%
2014 6.06 % change on previous year -7.8%
2015 4.44 % change on previous year -26.8%
2016 4.71 % change on previous year +6.2%
2017 4.73 % change on previous year +0.5%
2018 5.21 % change on previous year +9.9%
2019 5.33 % change on previous year +2.4%
2020 -0.9586 % change on previous year -118.0%
2021 10.92 % change on previous year -1239.4%
2022 12.27 % change on previous year +12.4%
2023 6.19 % change on previous year -49.6%

Biggest year-on-year movements

Years where Gross National Income — Value Standard Local Currency, annual growth 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
2021 +1239.4% -0.9586 % change on previous year 10.92 % change on previous year
2004 +474.2% 0.9712 % change on previous year 5.58 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 44.24 % change on previous year 27.97 % change on previous year 88.52 % change on previous year 9
1980s 133.96 % change on previous year 19.96 % change on previous year 375.87 % change on previous year 10
1990s 18.29 % change on previous year 8.63 % change on previous year 30.68 % change on previous year 10
2000s 5.46 % change on previous year 0.9712 % change on previous year 8.54 % change on previous year 10
2010s 5.69 % change on previous year 4.44 % change on previous year 7.66 % change on previous year 10
2020s 7.11 % change on previous year -0.9586 % change on previous year 12.27 % change on previous year 4

Countries ranked near Israel

  1. 152 United Kingdom 6.36 % change on previous year compare
  2. 152 United Kingdom of Great Britain and Northern Ireland 6.36 % change on previous year compare
  3. 154 El Salvador 6.22 % change on previous year compare
  4. 156 Peru 5.98 % change on previous year compare
  5. 157 Tonga 5.96 % change on previous year compare
  6. 158 Algeria 5.94 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Israel

All data for Israel →

Frequently asked questions

What is gross national income — value standard local currency, annual growth in Israel?
Gross national income — value standard local currency, annual growth in Israel was 6.19 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, annual growth recorded in Israel?
The highest recorded value was 375.87 % change on previous year in 1984.
What is the lowest gross national income — value standard local currency, annual growth recorded in Israel?
The lowest recorded value was -0.9586 % change on previous year in 2020.
How does Israel rank for gross national income — value standard local currency, annual growth?
Israel ranks 155th out of 231 countries with data for 2023.
Is gross national income — value standard local currency, annual growth rising or falling in Israel?
Over the last ten years it is down 5.9%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, annual growth in Israel. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-annual-growth-rate/israel/

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How this figure is calculated

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. 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 National Income — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,164 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.