Gross value added at basic prices (GVA) (constant LCU), annual growth in Israel
Israel: Gross value added at basic prices (GVA) (constant LCU), annual growth was 0.945 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Israel, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Israel recorded 0.945 % change on previous year for gross value added at basic prices (gva) (constant lcu), annual growth in 2024.
The figure is down 61.1% on the previous year and down 73.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Israel peaked at 8.88 % change on previous year in 2021 and was at its lowest, -1.37 % change on previous year, in 2020.
That places Israel 160th out of 195 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant LCU), annual growth in Israel, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 5.69 % change on previous year | — |
| 1997 | 4 % change on previous year | -29.7% |
| 1998 | 4.26 % change on previous year | +6.4% |
| 1999 | 3.25 % change on previous year | -23.7% |
| 2000 | 8.45 % change on previous year | +160.2% |
| 2001 | 0.3582 % change on previous year | -95.8% |
| 2002 | 0.0651 % change on previous year | -81.8% |
| 2003 | 1.9 % change on previous year | +2825.8% |
| 2004 | 4.68 % change on previous year | +146.0% |
| 2005 | 4.43 % change on previous year | -5.3% |
| 2006 | 5.9 % change on previous year | +33.0% |
| 2007 | 5.75 % change on previous year | -2.6% |
| 2008 | 2.79 % change on previous year | -51.4% |
| 2009 | 1.32 % change on previous year | -52.8% |
| 2010 | 5.21 % change on previous year | +295.2% |
| 2011 | 5.5 % change on previous year | +5.6% |
| 2012 | 2.3 % change on previous year | -58.2% |
| 2013 | 4.09 % change on previous year | +77.9% |
| 2014 | 3.57 % change on previous year | -12.6% |
| 2015 | 2.25 % change on previous year | -37.1% |
| 2016 | 3.89 % change on previous year | +72.9% |
| 2017 | 4.67 % change on previous year | +20.1% |
| 2018 | 3.99 % change on previous year | -14.6% |
| 2019 | 3.4 % change on previous year | -14.6% |
| 2020 | -1.37 % change on previous year | -140.3% |
| 2021 | 8.88 % change on previous year | -747.5% |
| 2022 | 6.08 % change on previous year | -31.5% |
| 2023 | 2.43 % change on previous year | -60.1% |
| 2024 | 0.945 % change on previous year | -61.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.3 % change on previous year | 3.25 % change on previous year | 5.69 % change on previous year | 4 |
| 2000s | 3.57 % change on previous year | 0.0651 % change on previous year | 8.45 % change on previous year | 10 |
| 2010s | 3.89 % change on previous year | 2.25 % change on previous year | 5.5 % change on previous year | 10 |
| 2020s | 3.39 % change on previous year | -1.37 % change on previous year | 8.88 % change on previous year | 5 |
Countries ranked near Israel
- 157 Norway 1.02 % change on previous year compare
- 158 Trinidad and Tobago 1.01 % change on previous year compare
- 159 Russia 0.964 % change on previous year compare
- 161 Montenegro 0.9183 % change on previous year compare
- 162 Belgium 0.9108 % change on previous year compare
- 163 Micronesia (country) 0.8405 % change on previous year compare
More economy & growth data for Israel
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.56 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.87 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.38 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 183,250 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.9449 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6897 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 37,393 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 2.84 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 153,891 constant LCU per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Israel?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Israel was 0.945 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Israel?
- The highest recorded value was 8.88 % change on previous year in 2021.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Israel?
- The lowest recorded value was -1.37 % change on previous year in 2020.
- How does Israel rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Israel ranks 160th out of 195 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Israel?
- Over the last ten years it is down 73.6%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.