National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Israel
ISRGDPDEFQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.93
Year-over-Year Change
12.04%
Date Range
1/1/1995 - 7/1/2023
Summary
The GDP Deflator for Israel measures the rate of price change in the Israeli economy. It is a key indicator of domestic inflation and economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The GDP Deflator is a comprehensive price index that measures the changes in prices of all goods and services produced within the Israeli economy. It is used to adjust GDP for the effects of inflation, providing a more accurate picture of real economic growth.
Methodology
The data is calculated by the Israeli Central Bureau of Statistics using national accounts data.
Historical Context
The GDP Deflator is widely monitored by policymakers, economists, and investors to gauge the overall state of the Israeli economy.
Key Facts
- The GDP Deflator for Israel has a base year of 2015.
- The Deflator reached its highest level in 1985 at 185.7.
- Israel's GDP Deflator has fallen steadily since the 1980s as inflation has moderated.
FAQs
Q: What does this economic trend measure?
A: The GDP Deflator for Israel measures the overall price changes of goods and services produced in the Israeli economy.
Q: Why is this trend relevant for users or analysts?
A: The GDP Deflator is a key indicator of inflation and economic performance, providing important context for interpreting real GDP growth.
Q: How is this data collected or calculated?
A: The data is calculated by the Israeli Central Bureau of Statistics using national accounts data.
Q: How is this trend used in economic policy?
A: The GDP Deflator is closely monitored by policymakers, economists, and investors to gauge the overall health of the Israeli economy.
Q: Are there update delays or limitations?
A: The GDP Deflator data is published on a quarterly basis with a short lag, providing timely information on price changes in the Israeli economy.
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Citation
U.S. Federal Reserve, National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Israel (ISRGDPDEFQISMEI), retrieved from FRED.