Gross value added at basic prices (GVA) (constant) … unit GDP constant in Israel
Israel: Gross value added at basic prices (GVA) (constant) … unit GDP constant was 2.84 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant LCU), per unit of in Israel, 1995–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Israel recorded 2.84 constant LCU per US$ of GDP for gross value added at basic prices (gva) (constant lcu), per unit of in 2024.
Compared with earlier readings it is down 4.4% on the previous year and down 18.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), per unit of in Israel peaked at 5.49 constant LCU per US$ of GDP in 2002 and was at its lowest, 2.83 constant LCU per US$ of GDP, in 2022.
That places Israel 112th out of 196 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Gross value added at basic prices (GVA) (constant) … unit GDP constant in Israel, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 5.06 constant LCU per US$ of GDP | — |
| 1996 | 4.9 constant LCU per US$ of GDP | -3.2% |
| 1997 | 4.91 constant LCU per US$ of GDP | +0.2% |
| 1998 | 5.07 constant LCU per US$ of GDP | +3.3% |
| 1999 | 5.2 constant LCU per US$ of GDP | +2.5% |
| 2000 | 5.02 constant LCU per US$ of GDP | -3.5% |
| 2001 | 5.09 constant LCU per US$ of GDP | +1.5% |
| 2002 | 5.49 constant LCU per US$ of GDP | +7.8% |
| 2003 | 5.33 constant LCU per US$ of GDP | -2.8% |
| 2004 | 5.24 constant LCU per US$ of GDP | -1.8% |
| 2005 | 5.2 constant LCU per US$ of GDP | -0.8% |
| 2006 | 5.11 constant LCU per US$ of GDP | -1.7% |
| 2007 | 4.65 constant LCU per US$ of GDP | -9.0% |
| 2008 | 3.99 constant LCU per US$ of GDP | -14.2% |
| 2009 | 4.19 constant LCU per US$ of GDP | +5.0% |
| 2010 | 3.92 constant LCU per US$ of GDP | -6.3% |
| 2011 | 3.7 constant LCU per US$ of GDP | -5.7% |
| 2012 | 3.85 constant LCU per US$ of GDP | +4.1% |
| 2013 | 3.54 constant LCU per US$ of GDP | -8.1% |
| 2014 | 3.48 constant LCU per US$ of GDP | -1.8% |
| 2015 | 3.69 constant LCU per US$ of GDP | +6.1% |
| 2016 | 3.62 constant LCU per US$ of GDP | -2.0% |
| 2017 | 3.4 constant LCU per US$ of GDP | -6.0% |
| 2018 | 3.37 constant LCU per US$ of GDP | -1.0% |
| 2019 | 3.27 constant LCU per US$ of GDP | -2.7% |
| 2020 | 3.14 constant LCU per US$ of GDP | -4.2% |
| 2021 | 2.87 constant LCU per US$ of GDP | -8.6% |
| 2022 | 2.83 constant LCU per US$ of GDP | -1.1% |
| 2023 | 2.97 constant LCU per US$ of GDP | +4.8% |
| 2024 | 2.84 constant LCU per US$ of GDP | -4.4% |
Israel compared with similar countries
- Israel's 2.84 constant LCU per US$ of GDP is above the median for high income countries, which is 0.8613 constant LCU per US$ of GDP, 3.3× the median. (70 countries reporting)
- Israel's 2.84 constant LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.64 constant LCU per US$ of GDP, 78% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.03 constant LCU per US$ of GDP | 4.9 constant LCU per US$ of GDP | 5.2 constant LCU per US$ of GDP | 5 |
| 2000s | 4.93 constant LCU per US$ of GDP | 3.99 constant LCU per US$ of GDP | 5.49 constant LCU per US$ of GDP | 10 |
| 2010s | 3.58 constant LCU per US$ of GDP | 3.27 constant LCU per US$ of GDP | 3.92 constant LCU per US$ of GDP | 10 |
| 2020s | 2.93 constant LCU per US$ of GDP | 2.83 constant LCU per US$ of GDP | 3.14 constant LCU per US$ of GDP | 5 |
Countries ranked near Israel
- 109 Qatar 3.4 constant LCU per US$ of GDP compare
- 110 Suriname 3.28 constant LCU per US$ of GDP compare
- 111 United Arab Emirates 3.22 constant LCU per US$ of GDP compare
- 113 Papua New Guinea 2.23 constant LCU per US$ of GDP compare
- 114 Poland 2.18 constant LCU per US$ of GDP compare
- 115 Libya 2.13 constant LCU per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate 6.58 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0065 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 394.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.5 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0048 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 287.7 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.95 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0032 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), per unit of in Israel?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Israel was 2.84 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Israel?
- The highest recorded value was 5.49 constant LCU per US$ of GDP in 2002.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Israel?
- The lowest recorded value was 2.83 constant LCU per US$ of GDP in 2022.
- How does Israel rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Israel ranks 112th out of 196 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), per unit of rising or falling in Israel?
- Over the last ten years it is down 18.4%. The long-run trend across the full record is falling.
- 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.