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 2022 Israel GDP was 525 B USD, and the previous year it amounted to 488.53 B USD.
Israel GDP accounts for 0.52% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2022 Israel GDP Per Capita was 42.71 K USD, and in 2021 it amounted to 40.77 K USD.
Last quarter Israel Real GDP amounted to 389.07 B ILS, the quarter before that it was 412.16 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 2.6 B USD.