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Israel GDP Growth Rate (YoY)

Israel's Year-over-Year GDP Growth Rate fell to -1.9% in Q2 2025. This is a sharp decrease from 2.75% in Q1 2025 and the lowest in four quarters. The contraction was driven by a two-week economic shutdown during conflict with Iran in June. Fixed investment plunged by 12.3% and exports of goods and services also slid. Israel's record low GDP Growth Rate (YoY) was -8.27% in Q2 2020 and record high was 16.42% in Q2 2021.

Quarterly Historical Data (2015-2025)

(in %)
Quarter GDP Growth Rate (YoY)
Q2 2025 1.5%
Q1 2025 3.1%
Q4 2024 5.8%
Q3 2024 -0.7%
Q2 2024 -1.9%
Q1 2024 -1.8%
Q4 2023 -4%
Q3 2023 3.8%
Q2 2023 3.6%
Q1 2023 4.7%
Q4 2022 2.9%
Q3 2022 5.6%
Q2 2022 7.5%
Q1 2022 9.4%
Q4 2021 10.8%
Q3 2021 8.9%
Q2 2021 16.4%
Q1 2021 3.5%
Q4 2020 1%
Q3 2020 -0.9%
Q2 2020 -8%
Q1 2020 -0.4%
Q4 2019 3.2%
Q3 2019 3.5%
Q2 2019 3.2%
Q1 2019 4.2%
Q4 2018 3.4%
Q3 2018 3.8%
Q2 2018 4.7%
Q1 2018 5.2%
Q4 2017 4.5%
Q3 2017 4.6%
Q2 2017 3.8%
Q1 2017 5.8%
Q4 2016 5.6%
Q3 2016 4.8%
Q2 2016 4%
Q1 2016 1.3%
Q4 2015 1.1%
Q3 2015 1.9%
Q2 2015 2.5%
Israel GDP Growth Rate (YoY) : Definition
Israel's year-on-year GDP Growth Rate (YoY) shows the percentage change in total economic output. It compares the current quarter's Gross Domestic Product (GDP) value to the GDP value from the same quarter one year earlier. This calculation indicates the rate of economic expansion or contraction over twelve months.