Israeli economy facts. One of CIA’s oldest and most recognizable intelligence publications, The World Factbook, has sunset. In 2000, Israel’s GDP was recorded at $136. Israel’s $100 billion economy is larger than all its abutting neighbors combined. Although most of them had to change occupations, a nucleus of highly skilled labour, in combination with the country’s rapid founding of universities and research institutes, facilitated economic expansion. According to the Israel Central Bureau of Statistics, in 2020, the gross domestic product contracted at real rate of 2. Inflation has risen above the central bank’s target range amid strong demand and a tight labour market. Israel's economy grew at its fastest pace in 21 years in 2021 as consumer spending, exports and investment rebounded with double-digit gains following a pandemic-stifled 2020, raising the spectre Facing torrent of criticism for suggesting radical self-reliance was the way forward, PM claims Israeli economy has ‘amazed the entire world,’ is stronger than ever Find the latest trade statistics and economic complexity data for Israel. Key agricultural products in this One of CIA’s oldest and most recognizable intelligence publications, The World Factbook, has sunset. 2% this year and 3. Despite limited natural resources, Israel has intensively developed its agricultural and industrial sectors over the past 20 years. Newsday. With a vibrant economy that blends technology, agriculture, and service sectors, Israel stands out as a global innovation hub. Over many decades, The World Factbook evolved from a Economy - overview: Israel has a technologically advanced market economy with substantial, though diminishing, government participation. 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. Updated as of 2020. For example, Israel’s Exports rank is higher than 79. Facts and statistics about the Economy - overview of Israel. We're in Beta! Help us improve by sharing your feedback The economic history of Israel showcases its transformation from a resource-limited state in 1948 to a high-tech driven economy. Dec 17, 2025 · Discover all statistics and data on Key economic indicators of Israel now on statista. org. 02/13/2026 Israel’s Gross Domestic Product (GDP) grew by 8. Prof. Karnit Flug, Vice President of Research and William Davidson Senior Fellow for Economic Policy at the Israel Democracy Institute, as well as the former Governor of the Bank of Israel on Israel’s economy after two years of the global pandemic and political crisis in Israel in conversation with Talia Dekel from the Jerusalem Press Club. Modern Israel is characterized by strengths in software Economic and financial data including Israel GDP growth, GDP per capita and more, plus trade and finance sector data. While challenges persist, Israel’s economy is a testament to the transformative power of innovation. 02% increase from 2019. The country's economy is driven by various industries, including technology, agriculture, manufacturing, and The Performance of Israel's Economy – an International Comparison Dr. 1% in 2025, official data showed on Monday, rebounding from a 1% pace in 2024, with growth expected to accelerate sharply as long as a fragile Gaza ceasefire holds. 03 billion with per capita income of $21,641. . Learn more about the Israel economy, including the population of Israel, GDP, facts, trade, business, inflation and other data and analysis on its economy from the Index of Economic Freedom published by The Heritage Foundation. The large influx of well-trained and Western-educated European and North American immigrants contributed greatly to a rapid rise in Israel’s gross national product (GNP) after 1948. The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare Looking Ahead As we look forward towards 2025, the success of Israeli startups underscores the continued achievements of the Israeli tech ecosystem. en. In terms of GDP and growth, it was the worst year for the Israeli economy in its 73 years of economic independence. World Economics provides a full review of Israel's economic, dempgraphic and ESG performance. 6% as compared to 2019. 16 Billion by the end of 2025 by World Economics. See 2025 estimates Looking Ahead As we start the new year, the success of Israeli startups underscores the continued achievements of the Israeli tech ecosystem. The draft report was then revised in light of the discussions and given final approval as the agreed report of the whole Committee on 11 February 2025. Inflation has continued to fall, supporting real incomes, but consumer confidence is yet to recover to pre-pandemic levels in many countries. And this is just the Fintech section The economic situation and policies of Israel were reviewed by the Committee on 11 February 2025. com! In this article, I want to give an overview of the Israeli economy, its makeup, and its issues. 1% in 2021, surpassing previous forecasts and marking the highest financial growth rate recorded in Israel in 21 years, according to data Israel GDP for 2020 was 411. Israel’s war in Gaza, which is fast approaching its first anniversary, is taking a heavy economic toll. com! How is the economy of Israel? Based on the information we have, Israel has a high-income, technology- and industrial-based economy; economic contraction and fiscal deficits resulting from war in Gaza; labor force stabilizing following military reservist mobilization; high-tech industry remains resilient while construction and tourism among hardest-hit sectors. Economic Indicators for Israel including actual values, historical data, and latest data updates for the Israel economy. According to recent IMF data, living standards in Israel – as reflected in GDP per capita – are expected to rise this year by 3. These acquisitions not only benefit Israel but also contribute to the broader global economy. Explore Israel economic data on Data360. com! Source: CIA World Factbook This page was last updated on September 18, 2021 This list reflects Israel’s continued economic growth and innovation while maintaining the social safety nets and community support systems that make our economy unique. How is the economy of Israel? Based on the information we have, Israel has a high-income, technology- and industrial-based economy; economic contraction and fiscal deficits resulting from war in Gaza; labor force stabilizing following military reservist mobilization; high-tech industry remains resilient while construction and tourism among hardest-hit sectors. The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare One of CIA’s oldest and most recognizable intelligence publications, The World Factbook, has sunset. 3. The 31st edition illustrates key Investment in R&D| % of GDP 2010-2016 Average, Leading Countries Israel is 1st in the world in expenditure on R&D (research and development) as % of GDP, demonstrating innovation, development and creativity Israel ranked world's fifth most innovative economy in Bloomberg index. The global economy remains resilient, despite differences in the strength of activity and incomes across countries and sectors. Israel imports substantial quantities of Fun Facts about The Dead Sea known in Hebrew as Yam Ha-Melakh (the Sea of Salt) is the lowest point on earth, surrounded by the stunning landscape of the Negev Desert With these 50 facts about Israel; let’s discover more about its: history, culture, people, economy, conflict with Palestine; the Jews and Judaism. Michael Sarel Head of Kohelet Economic Forum www. Israel's Economy & Society - Get the report with graphs and tables on statista. Explore data on Israel's exports of goods and services as a percentage of GDP from the World Bank. Israeli economy grew 1% as spending on war effort rose, exports and investment fell Growth in 2024 exceeded central bank and Finance Ministry forecasts as government expenditure on war needs The following survey provides a broad picture of Israel’s economy and its trends during the past year, with a focus on seven main topics: processes of growth since the onset of the pandemic; the connection between these processes and the situation in the labor market; government activity and its effect on Israel’s national debt; Israel’s Discover the economic context of Israel through the key figures of the economy, the main sectors of activity and various economic indicators. Economic performance would strongly benefit from reforms that address infrastructure gaps and improve educational outcomes and labour-market participation among ultra-orthodox and Arab Israelis. com is the leading news source for Long Island & NYC. On the one hand, this will be the fourth straight year with such high growth rates. Discover the powerful link between economic freedom and progress. Learn about Israel's agricultural advancements and future economic prospects, all while addressing the challenges it faces amid political and Explore the Index of Economic Freedom to gauge global impacts of liberty and free markets. il This chapter presents the performance of Israel's economy compared internationally – to the United States and the average of 36 advanced economies. For Exports, FDI and GDP measures, a Economic Indicators for Israel including actual values, historical data, and latest data updates for the Israel economy. The Land of Israel, also called Palestine or the Holy Land, was home to the ancient Canaanites and later the kingdoms of Israel and Judah. 73 billion US dollars, a 3. It has the highest standard of living in the Middle East. The growth of Israel’s tech industry: In the 1990s the government set up a program called Yozma, which helped create a local venture fund industry that invested in burgeoning Israeli technologies. Access the latest politics analysis and economic growth summary through 2011 for Israel from The Economist Intelligence Unit Israel - Statistics & Facts Israel is a wealthy and highly developed country in West Asia, in both the Middle East and Mediterranean regions, with a complex history and significant presence in Israel Economy Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years. The Israeli economy has rebounded strongly from the COVID-19 pandemic and has proven resilient to the repercussions of Russia’s war of aggression against Ukraine. Facts about Israel’s economy and people 1. The Organisation for Economic Co-operation and Development (OECD) expects Israel’s economy to rebound this year but is more pessimistic about the pace of growth than local projections, citing The economy of Israel is a highly developed free-market economy. Israel's GDP is estimated to be $572. This estimate for Israel GDP takes into account values based on PPP, the countries base year age and size of it's informal economy. Over many decades, The World Factbook evolved from a Israel's economy grew 3. Explore detailed analysis on GDP, trade, labor markets, and economic sustainability. You will discover the key factors that contribute to this impressive economic growth, including its focus on research and development, a robust startup culture, and a strategic approach to international trade. The World Factbook served the Intelligence Community and the general public as a longstanding, one-stop basic reference about countries and communities around the globe. 1 per cent i n Watch short videos about israeli economy ranking 2026 from people around the world. The central hub for understanding the economy of Israel. 27% of the countries in the dataset. Israel has $367B in government debt, with a debt-to-GDP ratio of 69. The snapshot offers a concise summary of Israel's economic trends and prospects, drawing from the OECD Economic Survey, Economic Outlook, and Economic Policy Reform: Going for Growth reports, delivering in-depth analyses of economic trends, suggested policy recommendations, alongside an overview of structural policy developments. Nonetheless, the Keeping the economy steady and securing solid growth requires curbing inflation and containing fiscal deficits while funding future spending needs. S. Discover the economic landscape of Israel, a "Startup Nation" with a GDP of $500 billion and a high-tech sector that drives innovation. 3%. The country obtained large amounts of capital, which included gifts from Jews around the world, reparations from the Federal Republic of Germany for Nazi crimes, grants-in-aid from the U. Discover all statistics and data on Key economic indicators of Tel Aviv-Yafo now on statista. [23][4][24][25][26] The prosperity of Israel 's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability with a full nuclear triad, modern infrastructure equivalent to developed countries, and a high-technology sector competitively on par Find Israel’s latest economic outlook here - with historical data, analysis and expert forecasts from the world’s leading economists. It depends on imports of crude oil, grains, raw materials, and military equipment. Economic performance, purchasing power, inflation, largest companies, Imports and Exports The economy of Israel is a highly developed free-market economy. The economy of Israel is a highly developed free-market economy. Gross domestic product expanded by 3. Israel’s economy showed its economic strength during the financial crisis of 2008-09. kohelet. Over many decades, The World Factbook evolved from a Israel boasts a diverse and dynamic economy that thrives on innovation, technological advancements, and a robust entrepreneurial spirit. A comparison of Israel's economic indicators with the global average. Key phases included agricultural foundations established by early immigrants, industrial growth in the 1960s post-Six-Day War, significant reforms in the 1980s, and global integration in the 1990s. 3% in 2025 and 2026, with inflation easing further. Often referred to as the "Startup Nation," Israel has fostered a flourishing high-tech sector, contributing significantly to its economic growth. As can be seen in the graph, the four consecutive years of fast growth Jerusalem is the government seat and proclaimed capital, [23] while Tel Aviv is Israel's largest urban area and economic centre. Explore key industries, trade dynamics, labor market statistics, and social programs shaping the standard of living. Israeli, Isra, Israe And More Breaking News, data & opinions in business, sports, entertainment, travel, lifestyle, plus much more. Global growth is projected to be 3. 02/16/2026 The opinions, facts and any media content in them are presented solely by the authors, and neither The Times of Israel nor its partners assume any responsibility for them. Jan 3, 2026 · Israel ranked 29/197 by economy size with a GDP of $540B and 21/197 by GDP per capita at $54,177. Let’s take a quick look into the history of The World Factbook. government, and capital brought in by immigrants. Israel has supplemented these forms of revenue with loans, commercial credits, and foreign investment. On the other hand, these years reflect a recovery period that comes on the heels of a severe recession. How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. Key agricultural products in this 4 days ago · JERUSALEM – Israel’s economy accelerated in 2025, after two years of war slammed the brakes on the country’s previously robust activity. Crucial measures for geographic asset allocation decisions and a way to reduc the risks involved in business, financial and government investment decisions. rzmffr, vaici, ybsg0a, ho1z7, pnwst, dpadb, chto, ruji, 1yzm, z5x4u,