Yearly Growth Rate

From 2004 through 2008, Israel enjoyed an average growth rate of 4.9% a year.


Source: Ministry of Finance


Quarterly Growth Rate

In 2009, Israel’s growth rate declined sharply, plummeting to 0.5%. Compared with the US and Europe, the decline was relatively mild as both suffered from a negative growth rate. Israel experienced only two quarters of negative growth and by the second quarter of 2009 had already returned to a path of positive growth.

Source: OECD stats  

In 2010, the growth rate in Israel is expected to reach 3.5% which is higher than the expected growth rate in both the US and Europe.
Source: The IMF and The Bank of Israel