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macro

GDP, Historical (Maddison): Israel

Latest

336.72billions of international dollars (2011 prices)

Methodology

## What this measures

The size of Israel's economy in billions of 2011 international dollars: Maddison GDP per person times population. A Palanor calculation from the Maddison Project Database 2023.

## Why it matters

Total output is the measure of economic weight: how much a country or region could produce, tax and spend, over centuries.

## How to read it

Billions of 2011 international dollars (inflation- and price-level adjusted). Each point is a calendar year, dated December 31, and exists only where the database gives both GDP per person and population.

## What it does not say

It inherits the uncertainty of both parts, which is large before 1820. It is not the national accounts GDP a statistics office publishes today.

## Source

Maddison Project Database 2023 (Groningen Growth and Development Centre, University of Groningen). Cite as: Bolt, Jutta and Jan Luiten van Zanden (2024), "Maddison style estimates of the evolution of the world economy: A new 2023 update", Journal of Economic Surveys, 1–41. DOI: 10.1111/joes.12618. Licence: Maddison Project Database, version 2023 by Jutta Bolt and Jan Luiten van Zanden, licensed under a Creative Commons Attribution 4.0 International License (https://creativecommons.org/licenses/by/4.0/). https://www.rug.nl/ggdc/historicaldevelopment/maddison/releases/maddison-project-database-2023 The database asks that all original papers be cited when its data is shown in graphical form. The original sources for Israel, as the database lists them: Sources added since MPD 2013: - Scheidel, W. and Friesen, S. J., ‘The size of the economy and the distribution of income in the Roman Empire’, Journal of Roman Studies, 99 (2009), pp. 61–91 - GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics Palanor multiplies GDP per person by population for each year the database gives both; that product is the only change. This is a one-off release; Palanor will load the next version when the Maddison Project publishes one.

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