Manufacturing, value added in Israel
Israel: Manufacturing, value added was 55.80 billion constant 2015 US$ in 2024. ▲ Rising
Manufacturing, value added in Israel, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2024, manufacturing, value added in Israel stood at 55.80 billion constant 2015 US$. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 42.8% over ten years.
Over the whole period, manufacturing, value added in Israel peaked at 55.80 billion constant 2015 US$ in 2024 and was at its lowest, 23.88 billion constant 2015 US$, in 1995.
Israel ranks 35th of 186 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Manufacturing, value added in Israel, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 23.88 billion constant 2015 US$ | — |
| 1996 | 25.03 billion constant 2015 US$ | +4.8% |
| 1997 | 26.80 billion constant 2015 US$ | +7.1% |
| 1998 | 28.37 billion constant 2015 US$ | +5.9% |
| 1999 | 29.26 billion constant 2015 US$ | +3.1% |
| 2000 | 33.69 billion constant 2015 US$ | +15.1% |
| 2001 | 31.12 billion constant 2015 US$ | -7.6% |
| 2002 | 29.47 billion constant 2015 US$ | -5.3% |
| 2003 | 30.00 billion constant 2015 US$ | +1.8% |
| 2004 | 30.63 billion constant 2015 US$ | +2.1% |
| 2005 | 33.96 billion constant 2015 US$ | +10.9% |
| 2006 | 35.14 billion constant 2015 US$ | +3.5% |
| 2007 | 36.80 billion constant 2015 US$ | +4.7% |
| 2008 | 35.29 billion constant 2015 US$ | -4.1% |
| 2009 | 33.16 billion constant 2015 US$ | -6.0% |
| 2010 | 38.11 billion constant 2015 US$ | +14.9% |
| 2011 | 39.21 billion constant 2015 US$ | +2.9% |
| 2012 | 39.37 billion constant 2015 US$ | +0.4% |
| 2013 | 39.45 billion constant 2015 US$ | +0.2% |
| 2014 | 39.07 billion constant 2015 US$ | -1.0% |
| 2015 | 39.14 billion constant 2015 US$ | +0.2% |
| 2016 | 37.86 billion constant 2015 US$ | -3.3% |
| 2017 | 39.32 billion constant 2015 US$ | +3.8% |
| 2018 | 42.78 billion constant 2015 US$ | +8.8% |
| 2019 | 44.47 billion constant 2015 US$ | +4.0% |
| 2020 | 48.74 billion constant 2015 US$ | +9.6% |
| 2021 | 52.98 billion constant 2015 US$ | +8.7% |
| 2022 | 53.87 billion constant 2015 US$ | +1.7% |
| 2023 | 54.59 billion constant 2015 US$ | +1.3% |
| 2024 | 55.80 billion constant 2015 US$ | +2.2% |
Israel compared with similar countries
- Israel's 55.80 billion constant 2015 US$ is above the median for high income countries, which is 12.22 billion constant 2015 US$, 4.6× the median. (67 countries reporting)
- Israel's 55.80 billion constant 2015 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 11.16 billion constant 2015 US$, 5.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.67 billion constant 2015 US$ | 23.88 billion constant 2015 US$ | 29.26 billion constant 2015 US$ | 5 |
| 2000s | 32.93 billion constant 2015 US$ | 29.47 billion constant 2015 US$ | 36.80 billion constant 2015 US$ | 10 |
| 2010s | 39.88 billion constant 2015 US$ | 37.86 billion constant 2015 US$ | 44.47 billion constant 2015 US$ | 10 |
| 2020s | 53.20 billion constant 2015 US$ | 48.74 billion constant 2015 US$ | 55.80 billion constant 2015 US$ | 5 |
Countries ranked near Israel
- 32 Bangladesh 73.06 billion constant 2015 US$ compare
- 33 Egypt 64.38 billion constant 2015 US$ compare
- 34 Belgium 60.14 billion constant 2015 US$ compare
- 36 Czechia 53.49 billion constant 2015 US$ compare
- 37 Pakistan 50.65 billion constant 2015 US$ compare
- 38 United Arab Emirates 46.54 billion constant 2015 US$ 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)
- 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$), annual growth rate 6.96 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Israel?
- Manufacturing, value added in Israel was 55.80 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Israel?
- The highest recorded value was 55.80 billion constant 2015 US$ in 2024.
- What is the lowest manufacturing, value added recorded in Israel?
- The lowest recorded value was 23.88 billion constant 2015 US$ in 1995.
- How does Israel rank for manufacturing, value added?
- Israel ranks 35th out of 186 countries with data for 2024.
- Is manufacturing, value added rising or falling in Israel?
- Over the last ten years it is up 42.8%. 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 Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 is 2015. This indicator is expressed in United States dollars.