Overview
Discussions Key data points
Last release
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Observation period
2023
Next release
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Forecast
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Highest
525.00 B USD on Dec 31, 2022
Lowest
2.51 B USD on Dec 31, 1962
About Israel GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Related indicators
Frequently Asked Questions
One of the ways to count Israel GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Israel GDP was 513.61 B USD, and the year before it reached 525 B USD.
Israel GDP accounts for 0.48% of the world GDP.
In 2023 Israel GDP per capita was 42.85 K USD, and in 2022 it reached 42.71 K USD. GDP per capita is gross domestic product divided by a country's population.
Last quarter Israel real GDP was 406.82 B ILS, the quarter before it reached 404.76 B ILS.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Israel GDP has ever reached is 525 B USD.
The lowest ever value Israel GDP has reached is 2.51 B USD.