The Israeli economy grew at an annualized rate of 3.4% in Q1 2025, just below market expectations of 3.5%, following a downwardly revised 1.9% expansion in the previous quarter. Growth was primarily driven by a robust 8.7% increase in gross fixed capital formation, slightly above the 8.6% rise in Q4. This was largely supported by a sharp acceleration in residential construction (28.4% vs 15.1%), while industrial investment growth slowed notably (1.5% vs 8.2%). However, domestic demand showed signs of weakness. Private consumption contracted by 5%, reversing a 4.1% increase in the previous quarter, while public spending also edged lower by 0.2% after a strong 8.8% rise. On the external front, exports fell by 1.8%, following a surge of 10.4% in Q4, while import growth eased to 5% from 16%. On a quarterly basis, the Israeli economy expanded by 0.8% in Q1 2025, up from a 0.5% increase in the final quarter of 2024. source: Central Bureau of Statistics, Israel

GDP Growth Annualized in Israel increased to 3.40 percent in the first quarter of 2025 from 1.90 percent in the fourth quarter of 2024. GDP Growth Annualized in Israel averaged 3.93 percent from 1995 until 2025, reaching an all time high of 40.30 percent in the third quarter of 2020 and a record low of -28.80 percent in the second quarter of 2020. This page provides the latest reported value for - Israel GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel GDP Growth Annualized - data, historical chart, forecasts and calendar of releases - was last updated on May of 2025.

GDP Growth Annualized in Israel increased to 3.40 percent in the first quarter of 2025 from 1.90 percent in the fourth quarter of 2024. GDP Growth Annualized in Israel is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-04-21 10:00 AM
GDP Growth Annualized 3rd Est
Q4 2.1% 5% 2% 2.0%
2025-05-18 10:00 AM
GDP Growth Annualized 1st Est
Q1 3.4% 1.9% 3.5% 3.3%
2025-06-16 10:00 AM
GDP Growth Annualized 2nd Est
Q1 2.1%


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 4588.80 4380.80 ILS Million Sep 2024
GDP from Construction 16716.90 15248.20 ILS Million Sep 2024
GDP from Public Administration 60725.20 61656.30 ILS Million Sep 2024
GDP from Transport 11848.30 11401.90 ILS Million Sep 2024
GDP from Utilities 7276.20 6422.60 ILS Million Sep 2024
GDP Growth Annualized 3.40 1.90 percent Mar 2025
GDP Growth Rate 0.80 0.50 percent Mar 2025
Gross Fixed Capital Formation 103016.00 90564.00 ILS Million Dec 2024
Gross National Product 525657.80 505554.30 ILS Million Dec 2024

Israel GDP Growth Annualized
GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year.
Actual Previous Highest Lowest Dates Unit Frequency
3.40 1.90 40.30 -28.80 1995 - 2025 percent Quarterly
SA

News Stream
Israel's Q1 GDP Growth Picks Up
The Israeli economy grew at an annualized rate of 3.4% in Q1 2025, just below market expectations of 3.5%, following a downwardly revised 1.9% expansion in the previous quarter. Growth was primarily driven by a robust 8.7% increase in gross fixed capital formation, slightly above the 8.6% rise in Q4. This was largely supported by a sharp acceleration in residential construction (28.4% vs 15.1%), while industrial investment growth slowed notably (1.5% vs 8.2%). However, domestic demand showed signs of weakness. Private consumption contracted by 5%, reversing a 4.1% increase in the previous quarter, while public spending also edged lower by 0.2% after a strong 8.8% rise. On the external front, exports fell by 1.8%, following a surge of 10.4% in Q4, while import growth eased to 5% from 16%. On a quarterly basis, the Israeli economy expanded by 0.8% in Q1 2025, up from a 0.5% increase in the final quarter of 2024.
2025-05-19
Israel's Q4 GDP Growth Revised Down
The Israeli economy grew at an annualized rate of 2% in the three months to December 2024, a revision from the initial estimate of 2.5%, following a downwardly revised 5% growth in the previous three-month period. Fixed investment growth slowed to 11.8% in Q4, following the 29.1% increase recorded in the previous quarter, impacted by the prolonged war in Gaza. Net trade also weighed on the GDP, as imports surged 18.3% (vs. 16.3% in Q3), while exports grew at a more moderate pace of 5.5% (vs. 2.6%). Meanwhile, private consumption rose faster (9.6% vs. 8.7%), and government spending bounced back (9.5% vs 2.2%). The country's economic growth slowed to 0.9% in 2024, down from an initial estimate of 1% and 1.8% in the previous year, marking the weakest growth since 2020.
2025-03-10
Israel's GDP Growth Slows in Q4
The Israeli economy grew at an annualized rate of 2.5% in the three months to December 2024, slowing from an upwardly revised 5.3% expansion in the previous quarter, according to first estimates. The slowdown was primarily due to a sharp deceleration in fixed investment growth, which cooled to 14.7% from 29.2% in the prior period. Net trade also weighed on GDP, as imports surged 17.2% (vs. 15.7%), while exports grew at a more moderate pace of 6.2% (vs. 3.6%). Meanwhile, private consumption rose more rapidly (9.5% vs. 8.9%), and government spending rebounded strongly (7.3% vs. -3.3%). On a quarterly basis, the economy expanded 5.3%. For the full year, Israel’s GDP recorded an annual growth of 1%.
2025-02-17