Israel Economy 2026: GDP, Growth Rate & World Ranking

Israel has the 24th-largest nominal GDP of the 189 economies SOTW covers for 2026: $746.98 billion (IMF projection). It sits just behind Argentina ($768.21 billion) and narrowly ahead of Sweden ($745.08 billion). The IMF projects real GDP growth of 4.5% and inflation of 1.8% for 2026. Israel's population was 10.1 million in 2025.

Nominal GDP: $746.98B; Reference year 2026 (IMF projection); current US dollars; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
746982000000 current US dollars
Real GDP growth: 4.5%; Reference year 2026 (IMF projection); annual percent change in real GDP; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
4.5 annual percent change in real GDP
Inflation (annual-average CPI): 1.8%; Reference year 2026 (IMF projection); annual percent change in average consumer prices; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
1.8 annual percent change in average consumer prices
Unemployment: 3.1%; Reference year 2026 (IMF projection); percent of labor force; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
3.1 percent of labor force
GDP per person: $72,441; Reference year 2026 (IMF projection); current US dollars per person; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
72440.768 current US dollars per person
Population: 10.1M; Reference year 2025; people; World Bank (World Development Indicators); Series and history →; Unrounded value
10122800 people
General government gross debt: 68.8%; Reference year 2026 (IMF projection); percent of GDP; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
68.8 percent of GDP
Life expectancy at birth: 83.2 years; Reference year 2024; years; World Bank (World Development Indicators); Series and history →; Unrounded value
83.1975609756098 years

IMF projection: a forecast from the IMF World Economic Outlook, revised at each release, not a measured value.

About these figures

Each figure keeps its own year, unit and source, shown on its card. Missing values are not zero: a card that says Not reported has no figure for this economy.

IMF figures for the current year and later are projections from the World Economic Outlook and change with each edition. Earlier IMF years can still be estimates. Some economies report on a fiscal year rather than a calendar year, and the source data do not record each country-specific fiscal-year mapping, so the same year label may not cover the same twelve months everywhere.

The GDP rank compares economies with a positive IMF figure for the same year; older figures and regional aggregates are not ranked. Nominal GDP is in US dollars at market exchange rates. GDP per person is output per person, not a typical income. General government gross debt covers every level of government, so it is broader than central-government debt.

Population follows the World Bank's midyear-estimate definition. Open a card's Unrounded value for the full figure, or its series link for the history.

Israel Economic Overview

Israel is the Middle East's most innovative economy and one of the world's leading technology hubs. Known as the "Startup Nation," Israel has more startups per capita than any country and the highest venture capital investment relative to GDP. The tech sector accounts for roughly 18% of GDP and 50% of exports. Cybersecurity, AI, agritech, medtech, and autonomous driving are particular strengths. Companies like Wix, Mobileye (acquired by Intel for $15B), Check Point, and Monday.com have made Israel a fixture in global tech.

Israel's innovation ecosystem is fueled by mandatory military service (the IDF's elite Unit 8200 is a renowned tech talent pipeline), world-class universities (Technion, Weizmann Institute, Hebrew University), high R&D spending (5.4% of GDP — among the world's highest), and a culture that rewards entrepreneurship and tolerates failure. Israel also has significant natural gas reserves discovered offshore since 2009, transforming it from an energy importer to a regional exporter.

GDP per capita at $72,441 in 2026 (IMF projection) is comparable to Western European levels, though Israel has higher inequality than most OECD countries. Challenges include the high cost of living (particularly housing), security expenditure (military spending is around 5% of GDP), economic disparities between the tech sector and traditional economy, and geopolitical risks that periodically disrupt economic activity.

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Questions about Israel's figures

What is Israel's nominal GDP for 2026?

Israel's nominal GDP is $746.98B (current US dollars; reference year 2026, an IMF projection). Source: International Monetary Fund (World Economic Outlook). Rank 24 among 189 covered IMF economies for reference year 2026.

What is Israel's real GDP growth for 2026?

Israel's real GDP growth is 4.5% (annual percent change in real GDP; reference year 2026, an IMF projection). Source: International Monetary Fund (World Economic Outlook).

What is Israel's population for 2025?

Israel's population is 10.1M (people; reference year 2025). Source: World Bank (World Development Indicators). The World Bank definition describes midyear population estimates.

What is Israel's life expectancy at birth for 2024?

Israel's life expectancy at birth is 83.2 years (years; reference year 2024). Source: World Bank (World Development Indicators).