Gross Domestic Product of Israel fell -1.5% in 2020 compared to last year. This rate is 53 -tenths of one percent less than the previous year, when changed 3.8%.
The GDP figure in 2020 was €362,109$413,268 million, Israel is number 30 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Israel rose €2,632$10,798 million with respect to 2019.
The GDP per capita of Israel in 2020 was €39,298$44,850, €419$383 less than in 2019, when it was €39,717$44,467. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2010 when the GDP per capita in Israel was €23,574$31,278.
If we order the countries according to their GDP per capita, Israel is well positioned in terms of the standard of living of its population, coming 21th out of the 196 countries whose GDP we publish.
Here we show you the progression of the GDP in Israel. You can see GDP in other countries in GDP and see all the economic information about Israel in Israel's economy.