il Israel 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$411.73 billion

↑ 3.02% vs 2019
GDP per Capita

$44,679.77

↑ 1.22% vs 2019
GDP Growth (Annual %)

-1.46%

↓ 5.25pp vs 2019
Inflation Rate (CPI %)

-0.61%

↓ 1.46pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $399.65 billion $411.73 billion +3.02%
GDP per Capita $44,140.83 $44,679.77 +1.22%
GDP Growth (Annual %) 3.79% -1.46% -5.25pp
Inflation (CPI %) 0.85% -0.61% -1.46pp
Unemployment Rate (%) 3.73% 4.17% +0.44pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$411.73 billion
GDP per Capita
$44,679.77
GDP Growth (Annual %)
-1.46%
Gross National Income
$407.90 billion
Prices & Employment
Inflation (CPI %)
-0.61%
Inflation (GDP Deflator %)
0.97%
Unemployment Rate (%)
4.17%
Interest Rate (Real %)
2.31%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
4.05%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Israel's Gross Domestic Product (GDP) is $411.73 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Israel for 2020 is $44,679.77. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Israel for 2020 is -0.61%. This measures the annual percentage change in the cost of consumer goods and services.

Israel's annual GDP growth rate for 2020 is -1.46%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Israel for 2020 is 4.17%. This represents the percentage of the labor force that is unemployed and actively seeking employment.