Israel - GDP

GDP (current US$)

The latest value for GDP (current US$) in Israel was $407,101,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $407,101,000,000 in 2020 and $2,510,000,000 in 1962.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $2,598,500,000
1961 $3,138,500,000
1962 $2,510,000,000
1963 $2,992,333,000
1964 $3,405,333,000
1965 $3,663,333,000
1966 $3,980,000,000
1967 $4,030,000,000
1968 $4,619,000,000
1969 $5,329,333,000
1995 $100,606,000,000
1996 $110,181,000,000
1997 $114,753,000,000
1998 $115,999,000,000
1999 $117,166,000,000
2000 $132,456,000,000
2001 $130,816,000,000
2002 $121,148,000,000
2003 $127,047,000,000
2004 $135,571,000,000
2005 $142,657,000,000
2006 $154,145,000,000
2007 $179,162,000,000
2008 $216,712,000,000
2009 $207,953,000,000
2010 $234,655,000,000
2011 $262,294,000,000
2012 $258,417,000,000
2013 $294,167,000,000
2014 $310,945,000,000
2015 $300,078,000,000
2016 $319,024,000,000
2017 $355,277,000,000
2018 $373,641,000,000
2019 $397,935,000,000
2020 $407,101,000,000

GDP (current LCU)

The value for GDP (current LCU) in Israel was 1,401,410,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,418,450,000,000 in 2019 and a minimum value of 519,700 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 519,700
1961 627,700
1962 753,000
1963 897,700
1964 1,021,600
1965 1,099,000
1966 1,194,000
1967 1,209,000
1968 1,385,700
1969 1,598,800
1995 302,954,000,000
1996 351,664,000,000
1997 395,831,000,000
1998 440,808,000,000
1999 485,033,000,000
2000 540,061,000,000
2001 550,174,000,000
2002 573,977,000,000
2003 578,583,000,000
2004 607,631,000,000
2005 640,202,000,000
2006 686,841,000,000
2007 736,015,000,000
2008 777,561,000,000
2009 817,735,000,000
2010 877,368,000,000
2011 938,521,000,000
2012 996,436,000,000
2013 1,062,170,000,000
2014 1,112,540,000,000
2015 1,166,350,000,000
2016 1,225,230,000,000
2017 1,278,840,000,000
2018 1,341,580,000,000
2019 1,418,450,000,000
2020 1,401,410,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Israel was 1,401,410,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 1,418,450,000,000 in 2019 and 302,954,000,000 in 1995.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1995 302,954,000,000
1996 351,664,000,000
1997 395,831,000,000
1998 440,808,000,000
1999 485,033,000,000
2000 540,061,000,000
2001 550,174,000,000
2002 573,977,000,000
2003 578,583,000,000
2004 607,631,000,000
2005 640,202,000,000
2006 686,841,000,000
2007 736,015,000,000
2008 777,561,000,000
2009 817,735,000,000
2010 877,368,000,000
2011 938,521,000,000
2012 996,436,000,000
2013 1,062,170,000,000
2014 1,112,540,000,000
2015 1,166,350,000,000
2016 1,225,230,000,000
2017 1,278,840,000,000
2018 1,341,580,000,000
2019 1,418,450,000,000
2020 1,401,410,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Israel was 345,460,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 353,063,000,000 in 2019 and 139,623,000,000 in 1995.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 139,623,000,000
1996 148,039,000,000
1997 153,850,000,000
1998 160,308,000,000
1999 166,032,000,000
2000 180,796,000,000
2001 180,981,000,000
2002 180,626,000,000
2003 182,702,000,000
2004 191,682,000,000
2005 199,654,000,000
2006 211,187,000,000
2007 224,074,000,000
2008 231,824,000,000
2009 234,474,000,000
2010 247,803,000,000
2011 261,538,000,000
2012 268,921,000,000
2013 281,768,000,000
2014 293,390,000,000
2015 300,078,000,000
2016 313,470,000,000
2017 327,191,000,000
2018 340,224,000,000
2019 353,063,000,000
2020 345,460,000,000

GDP (constant LCU)

The value for GDP (constant LCU) in Israel was 1,342,740,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,372,300,000,000 in 2019 and a minimum value of 78,125,740,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 78,125,740,000
1961 86,878,860,000
1962 95,702,380,000
1963 105,938,000,000
1964 114,347,000,000
1965 124,746,000,000
1966 124,646,000,000
1967 128,379,000,000
1968 149,231,000,000
1969 169,475,000,000
1995 542,691,000,000
1996 575,403,000,000
1997 597,987,000,000
1998 623,090,000,000
1999 645,338,000,000
2000 702,723,000,000
2001 703,442,000,000
2002 702,064,000,000
2003 710,133,000,000
2004 745,036,000,000
2005 776,021,000,000
2006 820,850,000,000
2007 870,937,000,000
2008 901,062,000,000
2009 911,361,000,000
2010 963,169,000,000
2011 1,016,550,000,000
2012 1,045,250,000,000
2013 1,095,180,000,000
2014 1,140,360,000,000
2015 1,166,350,000,000
2016 1,218,410,000,000
2017 1,271,740,000,000
2018 1,322,390,000,000
2019 1,372,300,000,000
2020 1,342,740,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Israel was 363,898,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 363,898,000,000 in 2020 and 109,563,000,000 in 1995.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 109,563,000,000
1996 118,292,000,000
1997 125,054,000,000
1998 131,770,000,000
1999 138,397,000,000
2000 156,918,000,000
2001 160,618,000,000
2002 165,761,000,000
2003 159,518,000,000
2004 171,852,000,000
2005 172,239,000,000
2006 181,287,000,000
2007 197,547,000,000
2008 201,065,000,000
2009 205,569,000,000
2010 219,865,000,000
2011 237,916,000,000
2012 251,921,000,000
2013 276,637,000,000
2014 282,342,000,000
2015 297,242,000,000
2016 323,408,000,000
2017 340,876,000,000
2018 354,478,000,000
2019 362,196,000,000
2020 363,898,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Israel was 359,909,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 367,830,000,000 in 2019 and 145,463,000,000 in 1995.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 145,463,000,000
1996 154,231,000,000
1997 160,284,000,000
1998 167,013,000,000
1999 172,976,000,000
2000 188,358,000,000
2001 188,550,000,000
2002 188,181,000,000
2003 190,344,000,000
2004 199,699,000,000
2005 208,004,000,000
2006 220,020,000,000
2007 233,446,000,000
2008 241,520,000,000
2009 244,281,000,000
2010 258,167,000,000
2011 272,477,000,000
2012 280,169,000,000
2013 293,553,000,000
2014 305,661,000,000
2015 312,629,000,000
2016 326,581,000,000
2017 340,876,000,000
2018 354,454,000,000
2019 367,830,000,000
2020 359,909,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts