Israel 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$513.61 billion
↓ 2.17% vs 2022GDP per Capita
$52,642.43
↓ 4.17% vs 2022GDP Growth (Annual %)
2.42%
↓ 4.05pp vs 2022Inflation Rate (CPI %)
4.23%
↓ 0.17pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $525.00 billion | $513.61 billion | -2.17% |
| GDP per Capita | $54,930.73 | $52,642.43 | -4.17% |
| GDP Growth (Annual %) | 6.47% | 2.42% | -4.05pp |
| Inflation (CPI %) | 4.39% | 4.23% | -0.17pp |
| Unemployment Rate (%) | 3.70% | 3.60% | -0.10pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $513.61 billion
- GDP per Capita
- $52,642.43
- GDP Growth (Annual %)
- 2.42%
- Gross National Income
- $506.70 billion
Prices & Employment
- Inflation (CPI %)
- 4.23%
- Inflation (GDP Deflator %)
- 4.27%
- Unemployment Rate (%)
- 3.60%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 3.62%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Israel's Gross Domestic Product (GDP) is $513.61 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Israel for 2023 is $52,642.43. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Israel for 2023 is 4.23%. This measures the annual percentage change in the cost of consumer goods and services.
Israel's annual GDP growth rate for 2023 is 2.42%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Israel for 2023 is 3.60%. This represents the percentage of the labor force that is unemployed and actively seeking employment.