Jerusalem, 20 January, 2026 (TPS-IL) — Israel’s Central Bureau of Statistics released the data on “National Accounts: Third Estimate for the Third Quarter of 2025.”

Third quarter of 2025 compared to second quarter of 2025 (seasonally adjusted change in annualized terms [ at market prices])

11.1% increase in GDP (2.7% quarterly)

13.2% increase in business GDP (3.1% quarterly)

21.4% increase in private consumption expenditure (5.0% quarterly)

34.5% increase in fixed asset investments (7.7% quarterly)

A 12.2% increase in exports of goods and services excluding start-ups and diamonds (2.9% quarterly)

A 4.5% increase in public consumption spending (1.1% quarterly)

A 12.8% increase in imports excluding defense imports, ships, aircraft and diamonds (3.1% quarterly)

The sharp increase in gross domestic product in the third quarter of 2025 reflects a significant increase in private consumption data, exports of goods and services, and investment in fixed assets after large declines in the second quarter of the year following the “Rising Lion” war.

Third quarter of 2025 compared to third quarter of 2024 (seasonally adjusted change in market prices)

3.0% increase in GDP

3.0% increase in business GDP

3.1% increase in private consumption spending

8.8% increase in fixed asset investments

A 4.2% increase in exports of goods and services excluding start-ups and diamonds

4.0% increase in public consumption spending

A 9.7% increase in imports excluding defense imports, ships, aircraft and diamonds

Gil Tanenbaum

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