GDP growth in Israel

Israel: GDP growth was 0.9% in 2024. β—† Volatile

Latest (2024)
0.9%
Change on year
down 52.3%
World rank
176th
of 212 countries
All-time high
12.1%
in 1972
All-time low
-2.0%
in 2020
Years of data
55
1970–2024

GDP growth in Israel, 1970–2024

0510197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

Israel recorded 0.9% for gdp growth in 2024.

Compared with earlier readings it is down 52.3% on the previous year and down 76.9% over ten years.

Over the whole period, gdp growth in Israel peaked at 12.1% in 1972 and was at its lowest, -2.0%, in 2020.

That places Israel 176th out of 212 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.9% 0.3% 12.1% 10
1980s 3.2% 0.6% 7.1% 10
1990s 5.8% 3.3% 7.8% 10
2000s 3.6% -0.1% 8.6% 10
2010s 4.0% 2.2% 5.5% 10
2020s 3.3% -2.0% 9.4% 5

Countries ranked near Israel

  1. 173 Sweden 1.0% compare
  2. 174 Equatorial Guinea 0.9% compare
  3. 175 Sao Tome and Principe 0.9% compare
  4. 177 Greenland 0.9% compare
  5. 178 Romania 0.8% compare
  6. 179 Yemen 0.8% compare

See the full ranking of 212 places β†’

More population data for Israel

All data for Israel β†’

Frequently asked questions

What is gdp growth in Israel?
Gdp growth in Israel was 0.9% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Israel?
The highest recorded value was 12.1% in 1972.
What is the lowest gdp growth recorded in Israel?
The lowest recorded value was -2.0% in 2020.
How does Israel rank for gdp growth?
Israel ranks 176th out of 212 countries with data for 2024.
Is gdp growth rising or falling in Israel?
Over the last ten years it is down 76.9%. 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 growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Israel. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 18 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/israel/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release