Browse a full set of economic indicators


Includes Israel real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Israel economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Israel best banks and safest banks are also available.

A High Tech, Sophisticated Economy

Situated at the crossroads of Europe, Asia, and Africa, Israel offers access to diverse markets and trade partnerships. Boasting a resilient economy with strong growth rates and low inflation, Israel is also renowned for its thriving tech sector, highly educated and multilingual talent pool and its world-class R&D and start-up ecosystem. Additionally, the Israeli government actively fosters foreign investment through a range of incentives, tax breaks, and simplified business registration procedures.

Yet, the geopolitical landscape has become increasingly volatile following the Hamas-led attack on October 7, 2023, exacerbating challenges and leading to further fragmentation in an already divided political scene.

Israel GDP & Economic Overview

Key Facts

Total Area 20,770 sq km
Type of Government Parliamentary republic
Capital City Jerusalem; note – the US recognized Jerusalem as Israel’s capital in December 2017 without taking a position on the specific boundaries of Israeli sovereignty
Total Population 9.986 million
Median Age 20.0
Total GDP USD 539.835 millions
Adult Per Capita Income (PPP) USD 74,538

Trade & Finance

International Trade

Total Exports USD 102,335.26 million
Major Exports Diamonds
integrated circuits
refined petroleum
medical instruments
packaged medicines
Major Trade Partners – Export United States
Total Imports USD 84,505.70 million
Major Imports Diamonds
crude petroleum
refined petroleum
broadcasting equipment
Major Trade Partners – Imports China
United States

Inbound and Outbound Investment

Data Shows Israel’s Debt Load To Be Close To The Regional Average

The chart at left compares Israel’s debt-to-GDP ratio to the regional average. It illustrates how the country has been successful at keeping its debt burden in line with its national productive capacity.

Israel's Leading Companies

Pharmaceutical Teva Pharmaceutical
Bank Bank Leumi
Bank Bank Hapoalim
Bank Mizrahi Tefahot Bank
Chemical Israel Chemicals
Insurance Migdal Insurance
Supermarket Shufersal
Software Check Point Software
Petroleum Conglomerate Delek Group

Global Finance Rankings & Awards: Israel

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000