GDP (current US$) (UNESCO Institute) in Israel

Israel: GDP (current US$) (UNESCO Institute) was 540.38 billion current US$ in 2024. ◆ Volatile

Latest (2024)
540.38 billion current US$
Change on year
up 5.5%
World rank
27th
of 211 countries
All-time high
540.38 billion current US$
in 2024
All-time low
7.05 billion current US$
in 1971
Years of data
55
1970–2024

GDP in Israel, 1970–2024

0200.0B400.0B600.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

The most recent figure for gdp in Israel is 540.38 billion current US$, measured in 2024. That is the highest value across all 55 years on record.

That represents a change of up 5.5% on the previous year and up 71.5% over ten years.

Over the whole period, gdp in Israel peaked at 540.38 billion current US$ in 2024 and was at its lowest, 7.05 billion current US$, in 1971.

That places Israel 27th out of 211 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current US$) (UNESCO Institute) in Israel, year by year

Annual values for GDP (current US$) in Israel, 1970 to 2024.
Year current US$ Change
1970 7.41 billion current US$ —
1971 7.05 billion current US$ -4.8%
1972 9.22 billion current US$ +30.8%
1973 11.90 billion current US$ +29.1%
1974 17.17 billion current US$ +44.3%
1975 16.14 billion current US$ -6.0%
1976 15.96 billion current US$ -1.1%
1977 18.26 billion current US$ +14.4%
1978 17.70 billion current US$ -3.0%
1979 22.61 billion current US$ +27.7%
1980 25.40 billion current US$ +12.3%
1981 26.88 billion current US$ +5.9%
1982 29.26 billion current US$ +8.8%
1983 32.68 billion current US$ +11.7%
1984 30.65 billion current US$ -6.2%
1985 28.91 billion current US$ -5.7%
1986 35.83 billion current US$ +24.0%
1987 43.05 billion current US$ +20.1%
1988 52.65 billion current US$ +22.3%
1989 52.44 billion current US$ -0.4%
1990 62.02 billion current US$ +18.3%
1991 71.00 billion current US$ +14.5%
1992 79.46 billion current US$ +11.9%
1993 79.86 billion current US$ +0.5%
1994 90.74 billion current US$ +13.6%
1995 105.50 billion current US$ +16.3%
1996 115.12 billion current US$ +9.1%
1997 119.46 billion current US$ +3.8%
1998 120.55 billion current US$ +0.9%
1999 121.42 billion current US$ +0.7%
2000 136.51 billion current US$ +12.4%
2001 135.00 billion current US$ -1.1%
2002 125.33 billion current US$ -7.2%
2003 131.41 billion current US$ +4.8%
2004 140.05 billion current US$ +6.6%
2005 147.52 billion current US$ +5.3%
2006 158.90 billion current US$ +7.7%
2007 184.68 billion current US$ +16.2%
2008 221.23 billion current US$ +19.8%
2009 213.40 billion current US$ -3.5%
2010 239.68 billion current US$ +12.3%
2011 268.10 billion current US$ +11.9%
2012 263.59 billion current US$ -1.7%
2013 298.48 billion current US$ +13.2%
2014 315.02 billion current US$ +5.5%
2015 303.47 billion current US$ -3.7%
2016 321.94 billion current US$ +6.1%
2017 358.45 billion current US$ +11.3%
2018 376.30 billion current US$ +5.0%
2019 400.64 billion current US$ +6.5%
2020 410.77 billion current US$ +2.5%
2021 489.85 billion current US$ +19.3%
2022 525.18 billion current US$ +7.2%
2023 512.18 billion current US$ -2.5%
2024 540.38 billion current US$ +5.5%

Israel compared with similar countries

  • Israel's 540.38 billion current US$ is above the median for high income countries, which is 92.86 billion current US$, 5.8× the median. (82 countries reporting)
  • Israel's 540.38 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 106.94 billion current US$, 5.1× the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.34 billion current US$ 7.05 billion current US$ 22.61 billion current US$ 10
1980s 35.77 billion current US$ 25.40 billion current US$ 52.65 billion current US$ 10
1990s 96.51 billion current US$ 62.02 billion current US$ 121.42 billion current US$ 10
2000s 159.40 billion current US$ 125.33 billion current US$ 221.23 billion current US$ 10
2010s 314.57 billion current US$ 239.68 billion current US$ 400.64 billion current US$ 10
2020s 495.67 billion current US$ 410.77 billion current US$ 540.38 billion current US$ 5

Countries ranked near Israel

  1. 24 Sweden 610.12 billion current US$ compare
  2. 25 Ireland 577.39 billion current US$ compare
  3. 26 Singapore 547.39 billion current US$ compare
  4. 28 United Arab Emirates 537.08 billion current US$ compare
  5. 29 Thailand 526.41 billion current US$ compare
  6. 30 Austria 521.64 billion current US$ compare

See the full ranking of 211 places →

More population data for Israel

All data for Israel →

Frequently asked questions

What is gdp in Israel?
Gdp in Israel was 540.38 billion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Israel?
The highest recorded value was 540.38 billion current US$ in 2024.
What is the lowest gdp recorded in Israel?
The lowest recorded value was 7.05 billion current US$ in 1971.
How does Israel rank for gdp?
Israel ranks 27th out of 211 countries with data for 2024.
Is gdp rising or falling in Israel?
Over the last ten years it is up 71.5%. The long-run trend across the full record is volatile.
Where does this Israel data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current US$). Statizoid updates them automatically from the source API.

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GDP in Israel. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-us-2/israel/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release