Gross Domestic Product of Israel grew 1.8% in 2023 compared to last year. This rate is 45 -tenths of one percent less than the figure of 6.3% published in 2022.
The GDP figure in 2023 was €473,553$512,185 million, Israel is number 29 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Israel dropped €24,781$12,998 million with respect to 2022.
The GDP per capita of Israel in 2023 was €48,100$52,024, €4,075$2,962 less than in 2022, when it was €52,175$54,986. 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 2013 when the GDP per capita in Israel was €27,896$37,050.
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.