Manufacturing, value added (constant LCU) in Israel
Israel: Manufacturing, value added (constant LCU) was 199.50 billion constant LCU in 2024. ▲ Rising
Manufacturing, value added in Israel, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, manufacturing, value added in Israel stood at 199.50 billion constant LCU. That is the highest value across all 30 years on record.
That represents a change of 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 199.50 billion constant LCU in 2024 and was at its lowest, 85.36 billion constant LCU, in 1995.
That places Israel 73rd out of 192 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.
Manufacturing, value added (constant LCU) in Israel, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 85.36 billion constant LCU | — |
| 1996 | 89.47 billion constant LCU | +4.8% |
| 1997 | 95.81 billion constant LCU | +7.1% |
| 1998 | 101.44 billion constant LCU | +5.9% |
| 1999 | 104.61 billion constant LCU | +3.1% |
| 2000 | 120.45 billion constant LCU | +15.1% |
| 2001 | 111.26 billion constant LCU | -7.6% |
| 2002 | 105.34 billion constant LCU | -5.3% |
| 2003 | 107.26 billion constant LCU | +1.8% |
| 2004 | 109.51 billion constant LCU | +2.1% |
| 2005 | 121.40 billion constant LCU | +10.9% |
| 2006 | 125.63 billion constant LCU | +3.5% |
| 2007 | 131.57 billion constant LCU | +4.7% |
| 2008 | 126.17 billion constant LCU | -4.1% |
| 2009 | 118.56 billion constant LCU | -6.0% |
| 2010 | 136.25 billion constant LCU | +14.9% |
| 2011 | 140.19 billion constant LCU | +2.9% |
| 2012 | 140.76 billion constant LCU | +0.4% |
| 2013 | 141.03 billion constant LCU | +0.2% |
| 2014 | 139.67 billion constant LCU | -1.0% |
| 2015 | 139.92 billion constant LCU | +0.2% |
| 2016 | 135.35 billion constant LCU | -3.3% |
| 2017 | 140.56 billion constant LCU | +3.8% |
| 2018 | 152.93 billion constant LCU | +8.8% |
| 2019 | 159.00 billion constant LCU | +4.0% |
| 2020 | 174.25 billion constant LCU | +9.6% |
| 2021 | 189.41 billion constant LCU | +8.7% |
| 2022 | 192.60 billion constant LCU | +1.7% |
| 2023 | 195.18 billion constant LCU | +1.3% |
| 2024 | 199.50 billion constant LCU | +2.2% |
Israel compared with similar countries
- Israel's 199.50 billion constant LCU is above the median for high income countries, which is 29.35 billion constant LCU, 6.8× the median. (67 countries reporting)
- Israel's 199.50 billion constant LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 84.08 billion constant LCU, 2.4× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 95.34 billion constant LCU | 85.36 billion constant LCU | 104.61 billion constant LCU | 5 |
| 2000s | 117.72 billion constant LCU | 105.34 billion constant LCU | 131.57 billion constant LCU | 10 |
| 2010s | 142.57 billion constant LCU | 135.35 billion constant LCU | 159.00 billion constant LCU | 10 |
| 2020s | 190.19 billion constant LCU | 174.25 billion constant LCU | 199.50 billion constant LCU | 5 |
Countries ranked near Israel
More economy & growth data for Israel
- Real gdp growth, annual growth rate 207.23 % change on previous year (2025)
- 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)
Frequently asked questions
- What is manufacturing, value added in Israel?
- Manufacturing, value added in Israel was 199.50 billion constant LCU 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 199.50 billion constant LCU in 2024.
- What is the lowest manufacturing, value added recorded in Israel?
- The lowest recorded value was 85.36 billion constant LCU in 1995.
- How does Israel rank for manufacturing, value added?
- Israel ranks 73rd out of 192 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 LCU). Statizoid updates them automatically from the source API.
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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 varies by country. This series is expressed in local currency units.