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 200 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.
Industry (including construction), value added in Israel, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 142.64 billion constant LCU | — |
| 1996 | 153.55 billion constant LCU | +7.6% |
| 1997 | 163.48 billion constant LCU | +6.5% |
| 1998 | 166.84 billion constant LCU | +2.1% |
| 1999 | 165.68 billion constant LCU | -0.7% |
| 2000 | 179.94 billion constant LCU | +8.6% |
| 2001 | 170.46 billion constant LCU | -5.3% |
| 2002 | 165.88 billion constant LCU | -2.7% |
| 2003 | 166.51 billion constant LCU | +0.4% |
| 2004 | 165.85 billion constant LCU | -0.4% |
| 2005 | 179.12 billion constant LCU | +8.0% |
| 2006 | 186.14 billion constant LCU | +3.9% |
| 2007 | 196.52 billion constant LCU | +5.6% |
| 2008 | 192.37 billion constant LCU | -2.1% |
| 2009 | 189.07 billion constant LCU | -1.7% |
| 2010 | 213.77 billion constant LCU | +13.1% |
| 2011 | 219.07 billion constant LCU | +2.5% |
| 2012 | 218.11 billion constant LCU | -0.4% |
| 2013 | 228.96 billion constant LCU | +5.0% |
| 2014 | 227.76 billion constant LCU | -0.5% |
| 2015 | 230.48 billion constant LCU | +1.2% |
| 2016 | 227.43 billion constant LCU | -1.3% |
| 2017 | 236.64 billion constant LCU | +4.1% |
| 2018 | 254.27 billion constant LCU | +7.5% |
| 2019 | 264.65 billion constant LCU | +4.1% |
| 2020 | 275.58 billion constant LCU | +4.1% |
| 2021 | 298.97 billion constant LCU | +8.5% |
| 2022 | 307.85 billion constant LCU | +3.0% |
| 2023 | 304.78 billion constant LCU | -1.0% |
| 2024 | 299.77 billion constant LCU | -1.6% |
Israel compared with similar countries
- Israel's 299.77 billion constant LCU is above the median for high income countries, which is 57.24 billion constant LCU, 5.2× the median. (70 countries reporting)
- Israel's 299.77 billion constant LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 155.61 billion constant LCU, 1.9× the median. (23 countries reporting)
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
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 14.47 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0237 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,429 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 26.22 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 77.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0429 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,590 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.96 % change on previous year (2025)
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 200 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.