Name: Israel GDP Annual Growth Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Israel,GDP Annual Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2024,2025,2026

The Gross Domestic Product (GDP) in Israel expanded 2.75 percent in the first quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Israel averaged 3.74 percent from 1996 until 2025, reaching an all time high of 16.42 percent in the second quarter of 2021 and a record low of -8.27 percent in the second quarter of 2020. source: Central Bureau of Statistics, Israel

GDP Annual Growth Rate in Israel is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel GDP Annual Growth Rate is projected to trend around 4.82 percent in 2026 and 3.14 percent in 2027, according to our econometric models.

Related	Last	Previous	Unit	Reference
Full Year GDP Growth	0.90	1.84	percent	Dec 2024
GDP Annual Growth Rate	2.75	5.78	percent	Mar 2025
GDP Constant Prices	426946.30	423399.00	ILS Million	Mar 2025
GDP from Agriculture	4888.60	4908.40	ILS Million	Dec 2024
GDP from Construction	16974.40	16442.80	ILS Million	Dec 2024
GDP from Public Administration	63873.70	61322.10	ILS Million	Dec 2024
GDP from Transport	11864.20	11378.10	ILS Million	Dec 2024
GDP from Utilities	6474.00	7530.80	ILS Million	Dec 2024
GDP Growth Annualized	3.70	2.00	percent	Mar 2025
GDP Growth Rate	0.80	0.50	percent	Mar 2025
Gross Fixed Capital Formation	95080.00	104767.00	ILS Million	Mar 2025
Gross National Product	494087.20	522555.50	ILS Million	Mar 2025

Israel GDP Annual Growth Rate

Israel is the most technologically advanced and developed market economy in the Middle East. The biggest sector of the economy is services, accounting for nearly 80 percent of GDP. Within services, the most important are finance and business (28 percent of GDP); government (17 percent of GDP); housing (12 percent of GDP); trade, accommodation and restaurants (10 percent of GDP); and transport, storage and communications (8 percent of GDP). Manufacturing sector has been losing importance in recent years and now accounts for 14 percent of GDP.