🇮🇱Israel’s second-quarter GDP expanded 15.4% annualized, versus a 6.9% forecast, following a revised first-quarter contraction.

Israel’s second-quarter GDP increased 15.4% on an annualized quarter-over-quarter basis in the Statistics Bureau’s first estimate. The reported forecast was 6.9%.

The Statistics Bureau revised first-quarter GDP to a 2.2% annualized contraction. The second-quarter result therefore followed a revised negative reading rather than positive first-quarter growth.

Second-quarter GDP per capita increased at a 14% annualized rate. Exports rose 35.2%, private consumption grew 14.7%, and investment increased 6.3%.

The provided figures identify the principal expenditure and trade measures reported alongside GDP. The sources did not provide additional sector-level details or subsequent estimate revisions.