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Economy of Israel

GDP, industries, trade data, and economic indicators

GDP
$525,004M
USD (nominal)
GDP per Capita
$54,690
USD per person
GDP Growth
+6.4%
Annual rate
HDI Score
0.919
Rank #22 worldwide
Unemployment
3.8%
Of labor force
Inflation
4.4%
Consumer prices

GDP per Capita Comparison

Israel $54,690
United States (reference) $76,330

Israel's GDP per capita is 71.6% of the US level.

Major Industries

Technology Defense Pharmaceuticals Agriculture Diamonds

International Trade

Top Exports

  1. 1 Electronics
  2. 2 Diamonds
  3. 3 Pharmaceuticals
  4. 4 Machinery
  5. 5 Chemicals

Top Imports

  1. 1 Petroleum
  2. 2 Machinery
  3. 3 Vehicles
  4. 4 Diamonds
  5. 5 Electronics

Top Trade Partners

Currency

Israeli New Shekel
Currency code: ILS

Human Development Index (HDI)

#22
World Ranking
HDI Score: 0.919 Very High Development
0.0 0.55 0.70 0.80 1.0

Frequently Asked Questions

What is the GDP of Israel?
The GDP of Israel is approximately $525,004 million USD.
What are the major industries in Israel?
The major industries in Israel include Technology, Defense, Pharmaceuticals, Agriculture, Diamonds.
What currency does Israel use?
Israel uses the Israeli New Shekel (ILS).
What is the unemployment rate in Israel?
The unemployment rate in Israel is approximately 3.8%.
What does Israel export?
Israel's top exports include Electronics, Diamonds, Pharmaceuticals, Machinery, Chemicals.