Industry (including construction), value added in Israel
Israel: Industry (including construction), value added was 299.77 billion constant LCU in 2024. ▲ Rising
Industry (including construction), value added in Israel, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, industry (including construction), value added in Israel stood at 299.77 billion constant LCU.
That represents a change of down 1.6% on the previous year and up 31.6% over ten years.
Over the whole period, industry (including construction), value added in Israel peaked at 307.85 billion constant LCU in 2022 and was at its lowest, 142.64 billion constant LCU, in 1995.
That places Israel 83rd out of 199 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 158.44 billion constant LCU | 142.64 billion constant LCU | 166.84 billion constant LCU | 5 |
| 2000s | 179.19 billion constant LCU | 165.85 billion constant LCU | 196.52 billion constant LCU | 10 |
| 2010s | 232.11 billion constant LCU | 213.77 billion constant LCU | 264.65 billion constant LCU | 10 |
| 2020s | 297.39 billion constant LCU | 275.58 billion constant LCU | 307.85 billion constant LCU | 5 |
Countries ranked near Israel
More economy & growth data for Israel
- External balance on goods and services as a percent of GDP 2.1% (2025)
- Inflation of consumer prices 3.0% (2025)
- GDP per capita 42,596 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 11.2% (2024)
- Gross domestic product (GDP) 431.19 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 42,596 constant 2015 US$ (2025)
- DEC alternative conversion factor 3.45 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 14.20 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 4.12 billion current US$ (2025)
- Taxes less subsidies on products 173.40 billion current LCU (2024)
Frequently asked questions
- What is industry (including construction), value added in Israel?
- Industry (including construction), value added in Israel was 299.77 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Israel?
- The highest recorded value was 307.85 billion constant LCU in 2022.
- What is the lowest industry (including construction), value added recorded in Israel?
- The lowest recorded value was 142.64 billion constant LCU in 1995.
- How does Israel rank for industry (including construction), value added?
- Israel ranks 83rd out of 199 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Israel?
- Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
- Where does this Israel data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.