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Israel real GDPIsrael real GDPIsrael real GDP

Israel real GDP

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ILGDPCP chart


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Key data points


Last release
—
Observation period
Q2 2024
Next release
—
Forecast
—
Highest
‪412.16 B‬ILS on Sep 30, 2023
Lowest
‪136.50 B‬ILS on Mar 31, 1995

About Israel real GDP


Category
GDP
Source
Central Bureau of Statistics
Frequency
Quarterly
Units
ILS

Related indicators


ILFYGDPG
Full Year GDP Growth
ILGDP
GDP
ILGDPA
GDP From Agriculture
ILGDPC
GDP From Construction
ILGDPGA
GDP Growth Annualized
ILGDPMAN
GDP From Manufacturing
ILGDPPA
GDP From Public Administration
ILGDPPC
GDP Per Capita
ILGDPPCP
GDP Per Capita PPP
ILGDPQQ
GDP Growth Rate
ILGDPS
GDP From Services
ILGDPT
GDP From Transport
ILGDPU
GDP From Utilities
ILGDPYY
GDP Growth
ILGFCF
Gross Fixed Capital Formation
ILGNP
Gross National Product

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Israel real GDP was 406.075 B ILS, and the quarter before that it reached 405.728 B ILS.