Israel GDP Growth Annualized

The Israeli economy advanced an annualized 6.2 percent on quarter in the fourth quarter of 2016, following an upwardly revised 4.2 percent growth in the previous period, according to the preliminary estimates. It was the strongest expansion since the second quarter of 2013, boosted by exports and consumer spending. Exports jumped 11.2 percent (from -0.8 percent in the previous period) and imports went up 6.7 percent (from 7.1 percent). Consumer spending expanded at a faster pace (3.5 percent from 3.1 percent) while growth eased for public spending (2.3 percent from 2.4 percent) and investments (7.4 percent from 12.8 percent). On a seasonally adjusted quarterly basis, the GDP expanded by 1.5 percent. In 2016, the GDP advanced 4 percent compared to 2.5 percent growth in the previous year. GDP Growth Annualized in Israel averaged 3.89 percent from 1995 until 2016, reaching an all time high of 18.50 percent in the second quarter of 1999 and a record low of -4.20 percent in the first quarter of 2001.

Israel GDP Growth Annualized

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GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year. This page provides the latest reported value for – Israel GDP Growth Annualized – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel GDP Growth Annualized – actual data, historical chart and calendar of releases – was last updated on February of 2017.