Gross domestic product (GDP) in Israel
Israel: Gross domestic product (GDP) was 185.77 billion current GBP in 2014. ◆ Volatile
Latest (2014)
185.77 billion current GBP
Change on year
down 0.7%
World rank
38th
of 200 countries
All-time high
187.04 billion current GBP
in 2013
All-time low
246.25 million current GBP
in 1949
Years of data
66
1949–2014
Gross domestic product (GDP) in Israel, 1949–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
The most recent figure for gross domestic product (gdp) in Israel is 185.77 billion current GBP, measured in 2014.
Compared with earlier readings it is down 0.7% on the previous year and up 151.2% over ten years.
Over the whole period, gross domestic product (gdp) in Israel peaked at 187.04 billion current GBP in 2013 and was at its lowest, 246.25 million current GBP, in 1949.
That places Israel 38th out of 200 countries with data for 2014, 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 (GDP) in Israel, year by year
| Year | current GBP | Change |
|---|---|---|
| 1949 | 246.25 million current GBP | — |
| 1950 | 466.27 million current GBP | +89.3% |
| 1951 | 694.44 million current GBP | +48.9% |
| 1952 | 1.05 billion current GBP | +51.4% |
| 1953 | 478.57 million current GBP | -54.5% |
| 1954 | 349.20 million current GBP | -27.0% |
| 1955 | 422.62 million current GBP | +21.0% |
| 1956 | 503.97 million current GBP | +19.2% |
| 1957 | 585.32 million current GBP | +16.1% |
| 1958 | 678.57 million current GBP | +15.9% |
| 1959 | 777.77 million current GBP | +14.6% |
| 1960 | 1.03 billion current GBP | +32.6% |
| 1961 | 1.25 billion current GBP | +20.8% |
| 1962 | 927.34 million current GBP | -25.5% |
| 1963 | 1.07 billion current GBP | +15.2% |
| 1964 | 1.22 billion current GBP | +13.8% |
| 1965 | 1.31 billion current GBP | +7.6% |
| 1966 | 1.42 billion current GBP | +8.6% |
| 1967 | 1.42 billion current GBP | -0.1% |
| 1968 | 1.65 billion current GBP | +16.2% |
| 1969 | 1.90 billion current GBP | +15.4% |
| 1970 | 2.24 billion current GBP | +17.6% |
| 1971 | 2.29 billion current GBP | +2.3% |
| 1972 | 2.87 billion current GBP | +25.4% |
| 1973 | 3.77 billion current GBP | +31.3% |
| 1974 | 5.38 billion current GBP | +42.5% |
| 1975 | 5.58 billion current GBP | +3.7% |
| 1976 | 6.94 billion current GBP | +24.5% |
| 1977 | 7.90 billion current GBP | +13.7% |
| 1978 | 7.10 billion current GBP | -10.1% |
| 1979 | 8.27 billion current GBP | +16.4% |
| 1980 | 9.37 billion current GBP | +13.3% |
| 1981 | 11.54 billion current GBP | +23.2% |
| 1982 | 14.07 billion current GBP | +21.9% |
| 1983 | 18.10 billion current GBP | +28.7% |
| 1984 | 19.58 billion current GBP | +8.2% |
| 1985 | 18.80 billion current GBP | -4.0% |
| 1986 | 20.26 billion current GBP | +7.8% |
| 1987 | 21.71 billion current GBP | +7.1% |
| 1988 | 24.68 billion current GBP | +13.7% |
| 1989 | 27.26 billion current GBP | +10.5% |
| 1990 | 29.56 billion current GBP | +8.4% |
| 1991 | 33.55 billion current GBP | +13.5% |
| 1992 | 37.47 billion current GBP | +11.7% |
| 1993 | 43.96 billion current GBP | +17.3% |
| 1994 | 48.79 billion current GBP | +11.0% |
| 1995 | 63.35 billion current GBP | +29.8% |
| 1996 | 70.36 billion current GBP | +11.1% |
| 1997 | 69.97 billion current GBP | -0.6% |
| 1998 | 69.95 billion current GBP | -0.0% |
| 1999 | 72.44 billion current GBP | +3.6% |
| 2000 | 87.51 billion current GBP | +20.8% |
| 2001 | 90.83 billion current GBP | +3.8% |
| 2002 | 80.80 billion current GBP | -11.0% |
| 2003 | 77.63 billion current GBP | -3.9% |
| 2004 | 73.96 billion current GBP | -4.7% |
| 2005 | 78.56 billion current GBP | +6.2% |
| 2006 | 83.97 billion current GBP | +6.9% |
| 2007 | 89.74 billion current GBP | +6.9% |
| 2008 | 117.91 billion current GBP | +31.4% |
| 2009 | 133.56 billion current GBP | +13.3% |
| 2010 | 151.65 billion current GBP | +13.5% |
| 2011 | 163.38 billion current GBP | +7.7% |
| 2012 | 164.35 billion current GBP | +0.6% |
| 2013 | 187.04 billion current GBP | +13.8% |
| 2014 | 185.77 billion current GBP | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 246.25 million current GBP | 246.25 million current GBP | 246.25 million current GBP | 1 |
| 1950s | 600.83 million current GBP | 349.20 million current GBP | 1.05 billion current GBP | 10 |
| 1960s | 1.32 billion current GBP | 927.34 million current GBP | 1.90 billion current GBP | 10 |
| 1970s | 5.23 billion current GBP | 2.24 billion current GBP | 8.27 billion current GBP | 10 |
| 1980s | 18.54 billion current GBP | 9.37 billion current GBP | 27.26 billion current GBP | 10 |
| 1990s | 53.94 billion current GBP | 29.56 billion current GBP | 72.44 billion current GBP | 10 |
| 2000s | 91.45 billion current GBP | 73.96 billion current GBP | 133.56 billion current GBP | 10 |
| 2010s | 170.44 billion current GBP | 151.65 billion current GBP | 187.04 billion current GBP | 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 (current US$), annual growth rate 6.2 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7285 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 39,495 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 7.14 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 2.7 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 146,121 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 1.94 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5359 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Israel?
- Gross domestic product (gdp) in Israel was 185.77 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Israel?
- The highest recorded value was 187.04 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Israel?
- The lowest recorded value was 246.25 million current GBP in 1949.
- How does Israel rank for gross domestic product (gdp)?
- Israel ranks 38th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Israel?
- Over the last ten years it is up 151.2%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.