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Israel GDP Growth Rate (QoQ)

Israel's Gross Domestic Product (GDP) experienced a quarter-over-quarter growth rate of 0.9% in the second quarter of 2025. This represents an acceleration from the 0.8% growth observed in the first quarter of 2025. This is the highest growth rate seen in three quarters. Israel's record low GDP growth was -8.1% in the second quarter of 2020 and its record high was 8.8% in the third quarter of 2020.

Quarterly Historical Data (1980-2025)

(in %)
Quarter GDP Growth Rate (QoQ)
Q2 2025 -1%
Q1 2025 0.8%
Q4 2024 0.5%
Q3 2024 1.4%
Q2 2024 0%
Q1 2024 3.8%
Q4 2023 -5.7%
Q3 2023 0%
Q2 2023 0.6%
Q1 2023 0.9%
Q4 2022 1.9%
Q3 2022 0%
Q2 2022 1.5%
Q1 2022 -0.7%
Q4 2021 4.6%
Q3 2021 1.9%
Q2 2021 3.5%
Q1 2021 0.5%
Q4 2020 2.8%
Q3 2020 8.8%
Q2 2020 -8.1%
Q1 2020 -2%
Q4 2019 0.8%
Q3 2019 1.1%
Q2 2019 -0.3%
Q1 2019 1.8%
Q4 2018 1%
Q3 2018 0.8%
Q2 2018 0.5%
Q1 2018 1%
Q4 2017 1.3%
Q3 2017 1.7%
Q2 2017 1.1%
Q1 2017 0.4%
Q4 2016 1.3%
Q3 2016 0.9%
Q2 2016 3%
Q1 2016 0.2%
Q4 2015 0.7%
Q3 2015 0%
Q2 2015 0.4%
Q1 2015 -0.1%
Q4 2014 1.5%
Q3 2014 0.8%
Q2 2014 0.5%
Q1 2014 1.4%
Q4 2013 0.9%
Q3 2013 1%
Q2 2013 1.7%
Q1 2013 1.3%
Q4 2012 0.2%
Q3 2012 1.1%
Q2 2012 1%
Q1 2012 -0.8%
Q4 2011 0.7%
Q3 2011 2%
Q2 2011 0.8%
Q1 2011 1.8%
Q4 2010 1.6%
Q3 2010 1.2%
Q2 2010 1.6%
Q1 2010 1.7%
Q4 2009 1.1%
Q3 2009 0.8%
Q2 2009 1%
Q1 2009 0.2%
Q4 2008 -0.8%
Q3 2008 0.3%
Q2 2008 0.2%
Q1 2008 0.3%
Q4 2007 1.6%
Q3 2007 2.1%
Q2 2007 1.5%
Q1 2007 2%
Q4 2006 1.5%
Q3 2006 -0.6%
Q2 2006 1.6%
Q1 2006 1.7%
Q4 2005 1.9%
Q3 2005 1.2%
Q2 2005 1%
Q1 2005 1.1%
Q4 2004 1.1%
Q3 2004 1.4%
Q2 2004 1.3%
Q1 2004 1.5%
Q4 2003 0.7%
Q3 2003 0.7%
Q2 2003 -0.5%
Q1 2003 1.4%
Q4 2002 0%
Q3 2002 0%
Q2 2002 0%
Q1 2002 0.8%
Q4 2001 -0.4%
Q3 2001 -1.1%
Q2 2001 -0.9%
Q1 2001 -1%
Q4 2000 0.2%
Q3 2000 3.2%
Q2 2000 3.7%
Q1 2000 1.3%
Q4 1999 1.9%
Q3 1999 0.4%
Q2 1999 3.3%
Q1 1999 0.1%
Q4 1998 0.4%
Q3 1998 1.1%
Q2 1998 -0.5%
Q1 1998 1.8%
Q4 1997 1.8%
Q3 1997 0.1%
Q2 1997 0.1%
Q1 1997 1.2%
Q4 1996 1.6%
Q3 1996 1.3%
Q2 1996 1.9%
Q1 1996 1.2%
Q4 1995 0.6%
Q3 1995 1.1%
Q2 1995 2.1%
Q1 1995 1.7%
Q4 1994 1.3%
Q3 1994 1.1%
Q2 1994 0.9%
Q1 1994 -0.1%
Q4 1993 -0.5%
Q3 1993 0.3%
Q2 1993 0.1%
Q1 1993 0.7%
Q4 1992 1.3%
Q3 1992 1.6%
Q2 1992 2%
Q1 1992 2%
Q4 1991 2%
Q3 1991 -0.8%
Q2 1991 1.7%
Q1 1991 1.7%
Q4 1990 1.7%
Q3 1990 1.2%
Q2 1990 1.1%
Q1 1990 0.5%
Q4 1989 1.3%
Q3 1989 1.2%
Q2 1989 1.2%
Q1 1989 2.2%
Q4 1988 0.4%
Q3 1988 0.9%
Q2 1988 -0.2%
Q1 1988 1.1%
Q4 1987 -0.3%
Q3 1987 0.1%
Q2 1987 0.6%
Q1 1987 0.4%
Q4 1986 -0.6%
Q3 1986 -1%
Q2 1986 -0.5%
Q1 1986 -1.1%
Q4 1985 -0.3%
Q3 1985 3%
Q2 1985 3.1%
Q1 1985 2.1%
Q4 1984 2.1%
Q3 1984 0.4%
Q2 1984 4.3%
Q1 1984 -1%
Q4 1983 0.8%
Q3 1983 0.9%
Q2 1983 0%
Q1 1983 1.4%
Q4 1982 1.8%
Q3 1982 0%
Q2 1982 0.6%
Q1 1982 1.1%
Q4 1981 1.6%
Q3 1981 1.3%
Q2 1981 1.3%
Q1 1981 1.7%
Q4 1980 0.8%
Q3 1980 1.2%
Q2 1980 2.6%
Israel GDP Growth Rate (QoQ) : Definition
Israel's Quarter-over-Quarter GDP growth rate measures the percentage change in the country's total economic output from one quarter to the next. It is calculated by comparing the current quarter's Gross Domestic Product, typically valued in New Israeli Shekels, against the previous quarter's GDP value. Major components influencing this rate include private consumption, investment, government spending and net exports.
Indicator Last Value Prior Value Period
GDP $540.38B $512.18B 2024
GDP Annual Growth Rate 0.87% 1.83% 2024
GDP Growth Rate (YoY) 1.5% 3.1% Jun'25
GDP per Capita $41,845.17 $42,011.62 2024
GDP per Capita PPP $47,338.84 $47,527.15 2024
R&D Expenditure (% GDP) 6.02% 5.78% 2022
Real GDP $417.38B $413.77B 2024