In the third quarter of 2024, nominal GDP in Israel reached over 508 billion Israeli shekels, some 141.5 billion U.S. dollars. This accounts for a 4.7 percent increase from the previous quarter. After a 1.85 percent drop following the start of the Israel-Hamas war in the fourth quarter of 2023, GDP in the country recovered in the subsequent quarters.
Quarterly nominal gross domestic product (GDP) in Israel from 1st quarter 2021 to 3rd quarter 2024
(in billion Israeli shekels)
Currency conversion rate as of February 12, 2025 was 1 USD = 3.59 ILS.
NSA stands for non-seasonally adjusted.
GDP measures the value of Israeli production in Israel and in Jewish settlements in the West Bank prior to the deduction of provisions for the consumption of fixed capital.
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Moody's Analytics. (February 11, 2025). Quarterly nominal gross domestic product (GDP) in Israel from 1st quarter 2021 to 3rd quarter 2024 (in billion Israeli shekels) [Graph]. In Statista. Retrieved June 10, 2025, from https://www.statista.com/statistics/1472453/israel-nominal-gross-domestic-product/
Moody's Analytics. "Quarterly nominal gross domestic product (GDP) in Israel from 1st quarter 2021 to 3rd quarter 2024 (in billion Israeli shekels)." Chart. February 11, 2025. Statista. Accessed June 10, 2025. https://www.statista.com/statistics/1472453/israel-nominal-gross-domestic-product/
Moody's Analytics. (2025). Quarterly nominal gross domestic product (GDP) in Israel from 1st quarter 2021 to 3rd quarter 2024 (in billion Israeli shekels). Statista. Statista Inc.. Accessed: June 10, 2025. https://www.statista.com/statistics/1472453/israel-nominal-gross-domestic-product/
Moody's Analytics. "Quarterly Nominal Gross Domestic Product (Gdp) in Israel from 1st Quarter 2021 to 3rd Quarter 2024 (in Billion Israeli Shekels)." Statista, Statista Inc., 11 Feb 2025, https://www.statista.com/statistics/1472453/israel-nominal-gross-domestic-product/
Moody's Analytics, Quarterly nominal gross domestic product (GDP) in Israel from 1st quarter 2021 to 3rd quarter 2024 (in billion Israeli shekels) Statista, https://www.statista.com/statistics/1472453/israel-nominal-gross-domestic-product/ (last visited June 10, 2025)
Quarterly nominal gross domestic product (GDP) in Israel from 1st quarter 2021 to 3rd quarter 2024 (in billion Israeli shekels) [Graph], Moody's Analytics, February 11, 2025. [Online]. Available: https://www.statista.com/statistics/1472453/israel-nominal-gross-domestic-product/