Israel 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$541.51 billion
↑ 5.43% vs 2023GDP per Capita
$55,501.76
↑ 5.43% vs 2023GDP Growth (Annual %)
5.43%
↑ 3.01pp vs 2023Inflation Rate (CPI %)
3.07%
↓ 1.15pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $513.61 billion | $541.51 billion | +5.43% |
| GDP per Capita | $52,642.43 | $55,501.76 | +5.43% |
| GDP Growth (Annual %) | 2.42% | 5.43% | +3.01pp |
| Inflation (CPI %) | 4.23% | 3.07% | -1.15pp |
| Unemployment Rate (%) | 3.60% | 3.15% | -0.45pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $541.51 billion
- GDP per Capita
- $55,501.76
- GDP Growth (Annual %)
- 5.43%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 3.07%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 3.15%
- 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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Israel's Gross Domestic Product (GDP) is $541.51 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Israel for 2024 is $55,501.76. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Israel for 2024 is 3.07%. This measures the annual percentage change in the cost of consumer goods and services.
Israel's annual GDP growth rate for 2024 is 5.43%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Israel for 2024 is 3.15%. This represents the percentage of the labor force that is unemployed and actively seeking employment.