Industry (including construction), value added in Israel
Israel: Industry (including construction), value added was 17.2% in 2024. ▼ Falling
Industry (including construction), value added in Israel, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Israel recorded 17.2% for industry (including construction), value added in 2024. That is the lowest value across all 30 years on record.
Compared with earlier readings it is down 4.9% on the previous year and down 13.7% over ten years.
Over the whole period, industry (including construction), value added in Israel peaked at 24.2% in 1997 and was at its lowest, 17.2%, in 2024.
Israel ranks 151st of 207 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Industry (including construction), value added in Israel, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 23.6% | — |
| 1996 | 23.9% | +1.4% |
| 1997 | 24.2% | +1.2% |
| 1998 | 23.7% | -2.3% |
| 1999 | 22.9% | -3.2% |
| 2000 | 23.0% | +0.6% |
| 2001 | 21.7% | -5.7% |
| 2002 | 21.5% | -1.0% |
| 2003 | 21.3% | -0.9% |
| 2004 | 20.6% | -3.4% |
| 2005 | 21.3% | +3.5% |
| 2006 | 21.6% | +1.4% |
| 2007 | 21.9% | +1.2% |
| 2008 | 21.4% | -2.2% |
| 2009 | 20.6% | -3.5% |
| 2010 | 20.9% | +1.0% |
| 2011 | 20.1% | -3.4% |
| 2012 | 20.5% | +1.6% |
| 2013 | 20.6% | +0.5% |
| 2014 | 20.0% | -3.0% |
| 2015 | 20.0% | +0.2% |
| 2016 | 19.2% | -4.1% |
| 2017 | 18.7% | -2.6% |
| 2018 | 18.9% | +1.1% |
| 2019 | 19.0% | +0.4% |
| 2020 | 19.5% | +2.8% |
| 2021 | 18.9% | -3.0% |
| 2022 | 19.2% | +1.6% |
| 2023 | 18.1% | -5.8% |
| 2024 | 17.2% | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.7% | 22.9% | 24.2% | 5 |
| 2000s | 21.5% | 20.6% | 23.0% | 10 |
| 2010s | 19.8% | 18.7% | 20.9% | 10 |
| 2020s | 18.6% | 17.2% | 19.5% | 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)
- Manufacturing, value added (constant LCU), per capita 19,946 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 0.4688 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.1723 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 9,339 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 1.35 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.6373 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 34,551 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) -1.64 % change on previous year (2024)
Frequently asked questions
- What is industry (including construction), value added in Israel?
- Industry (including construction), value added in Israel was 17.2% 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 24.2% in 1997.
- What is the lowest industry (including construction), value added recorded in Israel?
- The lowest recorded value was 17.2% in 2024.
- How does Israel rank for industry (including construction), value added?
- Israel ranks 151st out of 207 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Israel?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.