Israel: Gross Domestic Product (GDP)
* indicates monthly or quarterly data series
The most recent value is 527.27 billion Israeli New Shekel as of Q4 2024, an increase compared to the previous value of 509.15 billion Israeli New Shekel. Historically, the average for Israel from Q1 1995 to Q4 2024 is 237.83 billion Israeli New Shekel. The minimum of 70.89 billion Israeli New Shekel was recorded in Q1 1995, while the maximum of 527.27 billion Israeli New Shekel was reached in Q4 2024.
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* indicates monthly or quarterly data series
- Measure: billion Israeli New Shekel
- Source: Israel Central Bureau of Statistics
| Recent values | Israel: GDP, billion currency units |
|---|---|
| 2024 Q4 | 527.27 |
| 2024 Q3 | 509.15 |
| 2024 Q2 | 483 |
| 2024 Q1 | 478.66 |
| 2023 Q4 | 475.2 |
| 2023 Q3 | 483.02 |
| 2023 Q2 | 465.92 |
| 2023 Q1 | 454.23 |
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Definition: The Gross Domestic Product (GDP) is the sum of the gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The data are in billion local currency units using current prices.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 2.42 | 2023 | percent |
| GDP, constant dollars | 416.4 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 513.61 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 52,642.43 | 2023 | U.S. dollars |
| GDP per capita, PPP | 48,432 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 42,674.30 | 2023 | U.S. dollars |
| Productivity, relative to the U.S. | 63.95 | 2022 | index points |
| Productivity, current USD | 60.1 | 2023 | USD per hour worked |
| Economic growth, quarterly | 7.21 | Q4/2024 | percent |
| Economic growth Q-on-Q | 0.51 | Q4/2024 | percent |
| Gross Domestic Product (GDP) | 527.27 | Q4/2024 | billion |