Price level ratio of PPP conversion factor (GDP) to market exchange in Israel

Israel: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.9728 in 2024. ▲ Rising

Latest (2024)
0.9728
Change on year
down 0.1%
World rank
10th
of 202 countries
All-time high
1.13
in 2021
All-time low
0.7309
in 2002
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Israel, 1990–2024

00.250.50.7511.21990200720241990: 0.8481991: 0.8721992: 0.8851993: 0.8341994: 0.8641995: 0.9231996: 0.9341997: 0.9191998: 0.8811999: 0.8472000: 0.8422001: 0.8122002: 0.7312003: 0.7962004: 0.7892005: 0.8282006: 0.8542007: 0.912008: 1.12009: 12010: 1.12011: 1.12012: 12013: 1.12014: 1.12015: 12016: 0.9862017: 12018: 1.12019: 1.12020: 1.12021: 1.12022: 12023: 0.9742024: 0.973

Source: UNESCO Institute for Statistics.

Analysis

In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Israel stood at 0.9728.

The figure is down 0.1% on the previous year and down 11.7% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Israel peaked at 1.13 in 2021 and was at its lowest, 0.7309, in 2002.

That places Israel 10th out of 202 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Israel, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Israel, 1990 to 2024.
Year Value Change
1990 0.8478
1991 0.8715 +2.8%
1992 0.885 +1.5%
1993 0.8345 -5.7%
1994 0.8642 +3.6%
1995 0.9231 +6.8%
1996 0.934 +1.2%
1997 0.9187 -1.6%
1998 0.8811 -4.1%
1999 0.8466 -3.9%
2000 0.8419 -0.6%
2001 0.8122 -3.5%
2002 0.7309 -10.0%
2003 0.796 +8.9%
2004 0.7889 -0.9%
2005 0.8283 +5.0%
2006 0.8544 +3.2%
2007 0.91 +6.5%
2008 1.08 +18.4%
2009 1.01 -5.9%
2010 1.07 +5.2%
2011 1.1 +3.3%
2012 1.03 -7.0%
2013 1.06 +3.7%
2014 1.1 +3.6%
2015 1.01 -8.3%
2016 0.9865 -2.3%
2017 1.04 +5.7%
2018 1.05 +1.1%
2019 1.07 +1.6%
2020 1.09 +1.6%
2021 1.13 +4.0%
2022 1.03 -9.4%
2023 0.9738 -5.1%
2024 0.9728 -0.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8807 0.8345 0.934 10
2000s 0.8655 0.7309 1.08 10
2010s 1.05 0.9865 1.1 10
2020s 1.04 0.9728 1.13 5

Countries ranked near Israel

  1. 7 United States of America 1 compare
  2. 8 Turks and Caicos Islands 0.9882 compare
  3. 9 Vanuatu 0.9835 compare
  4. 11 Micronesia, Federated States of 0.9585 compare
  5. 12 Bahamas 0.9577 compare
  6. 13 Naoero 0.9368 compare

See the full ranking of 202 places →

More population data for Israel

All data for Israel →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Israel?
Price level ratio of ppp conversion factor (gdp) to market exchange in Israel was 0.9728 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Israel?
The highest recorded value was 1.13 in 2021.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Israel?
The lowest recorded value was 0.7309 in 2002.
How does Israel rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Israel ranks 10th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Israel?
Over the last ten years it is down 11.7%. The long-run trend across the full record is rising.
Where does this Israel data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Israel. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 04 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/israel/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release