high-income, technology- and industrial-based economy; highly dense, fast-growing labor force; recent debt spikes; persistent inequality and poverty; significant tariff and regulatory burdens, especially in agriculture; quantitative easing in effect
$393.861 billion (2021 est.)
$362.632 billion (2020 est.)
$369.494 billion (2019 est.)
note: data are in 2017 dollars
comparison ranking
8.61% (2021 est.)
-1.86% (2020 est.)
4.16% (2019 est.)
comparison ranking
$42,100 (2021 est.)
$39,400 (2020 est.)
$40,800 (2019 est.)
note: data are in 2017 dollars
comparison ranking
$394.93 billion (2019 est.)
1.49% (2021 est.)
-0.59% (2020 est.)
0.84% (2019 est.)
comparison ranking
Fitch rating: A+ (2016)
Moody's rating: A1 (2008)
Standard & Poors rating: AA- (2018)
note: the year refers to the year in which the current credit rating was first obtained.
agriculture: 2.4% (2017 est.)
industry: 26.5% (2017 est.)
services: 69.5% (2017 est.)
household consumption: 55.1% (2017 est.)
government consumption: 22.8% (2017 est.)
investment in fixed capital: 20.1% (2017 est.)
investment in inventories: 0.7% (2017 est.)
exports of goods and services: 28.9% (2017 est.)
imports of goods and services: -27.5% (2017 est.)
milk, potatoes, poultry, tomatoes, carrots, turnips, tangerines/mandarins, green chillies/peppers, eggs, vegetables
high-technology products (including aviation, communications, computer-aided design and manufactures, medical electronics, fiber optics), wood and paper products, potash and phosphates, food, beverages, and tobacco, caustic soda, cement, pharmaceuticals, construction, metal products, chemical products, plastics, cut diamonds, textiles, footwear
6.05% (2021 est.)
comparison ranking
4.186 million (2021 est.)
comparison ranking
agriculture: 1.1%
industry: 17.3%
services: 81.6% (2015 est.)
5.05% (2021 est.)
4.33% (2020 est.)
3.8% (2019 est.)
comparison ranking
total: 8.8%
male: 8.4%
female: 9.2% (2021 est.)
comparison ranking
22% (2014 est.)
note: Israel's poverty line is $7.30 per person per day
38.6 (2018 est.)
comparison ranking
on food: 16.2% of household expenditures (2018 est.)
on alcohol and tobacco: 2.9% of household expenditures (2018 est.)
lowest 10%: 1.7%
highest 10%: 31.3% (2010)
revenues: $139.374 billion (2019 est.)
expenditures: $154.927 billion (2019 est.)
-2% (of GDP) (2017 est.)
comparison ranking
72.6% of GDP (2020 est.)
59.6% of GDP (2019 est.)
60.4% of GDP (2018 est.)
comparison ranking
21.9% (of GDP) (2020 est.)
comparison ranking
calendar year
$21.09 billion (2021 est.)
$22.486 billion (2020 est.)
$14.747 billion (2019 est.)
comparison ranking
$143.884 billion (2021 est.) note: data are in current year dollars
$114.422 billion (2020 est.) note: data are in current year dollars
$117.779 billion (2019 est.) note: data are in current year dollars
comparison ranking
United States 27%, China 8%, India 4%, Germany 3%, Ireland 3% (2021)
note: Approximately, 6% of Israel's exports went to the Gaza Strip and West Bank, but official data are not available individually for the Palestinian territories.
diamonds, integrated circuits, refined petroleum, medical instruments, packaged medicines, measuring instruments (2021)
$124.578 billion (2021 est.) note: data are in current year dollars
$95.977 billion (2020 est.) note: data are in current year dollars
$108.784 billion (2019 est.) note: data are in current year dollars
comparison ranking
United States 12%, China 11%, Germany 7.5%, Switzerland 7%, Turkey 6% (2020)
diamonds, cars, crude petroleum, refined petroleum, broadcasting equipment (2021)
$212.934 billion (31 December 2021 est.)
$173.292 billion (31 December 2020 est.)
$126.008 billion (31 December 2019 est.)
comparison ranking
$132.5 billion (31 December 2020 est.)
$99.886 billion (2019 est.)
$94.247 billion (2018 est.)
comparison ranking
new Israeli shekels (ILS) per US dollar -
3.23 (2021 est.)
3.442 (2020 est.)
3.565 (2019 est.)
3.591 (2018 est.)
3.6 (2017 est.)
NOTE: The information regarding Israel on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Israel 2023 information contained here. All suggestions for corrections of any errors about Israel 2023 should be addressed to the CIA or the source cited on each page.
This page was last modified 22 Aug 23, Copyright © 2023 ITA all rights reserved.