Manufacturing, value added in Israel
Israel: Manufacturing, value added was 60.96 billion current US$ in 2024. ▲ Rising
Manufacturing, value added in Israel, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Israel recorded 60.96 billion current US$ for manufacturing, value added in 2024.
Compared with earlier readings it is up 3.4% on the previous year and up 55.0% over ten years.
Over the whole period, manufacturing, value added in Israel peaked at 63.41 billion current US$ in 2022 and was at its lowest, 15.81 billion current US$, in 1995.
Israel ranks 36th of 205 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Manufacturing, value added in Israel, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 15.81 billion current US$ | — |
| 1996 | 17.40 billion current US$ | +10.1% |
| 1997 | 18.51 billion current US$ | +6.3% |
| 1998 | 18.94 billion current US$ | +2.3% |
| 1999 | 19.15 billion current US$ | +1.1% |
| 2000 | 22.59 billion current US$ | +18.0% |
| 2001 | 20.59 billion current US$ | -8.8% |
| 2002 | 18.31 billion current US$ | -11.1% |
| 2003 | 18.66 billion current US$ | +1.9% |
| 2004 | 19.62 billion current US$ | +5.2% |
| 2005 | 21.76 billion current US$ | +10.9% |
| 2006 | 23.85 billion current US$ | +9.6% |
| 2007 | 28.35 billion current US$ | +18.8% |
| 2008 | 32.77 billion current US$ | +15.6% |
| 2009 | 29.84 billion current US$ | -9.0% |
| 2010 | 33.62 billion current US$ | +12.7% |
| 2011 | 36.39 billion current US$ | +8.2% |
| 2012 | 36.24 billion current US$ | -0.4% |
| 2013 | 38.69 billion current US$ | +6.8% |
| 2014 | 39.33 billion current US$ | +1.6% |
| 2015 | 39.14 billion current US$ | -0.5% |
| 2016 | 38.84 billion current US$ | -0.8% |
| 2017 | 41.10 billion current US$ | +5.8% |
| 2018 | 43.85 billion current US$ | +6.7% |
| 2019 | 46.45 billion current US$ | +5.9% |
| 2020 | 50.62 billion current US$ | +9.0% |
| 2021 | 58.28 billion current US$ | +15.1% |
| 2022 | 63.41 billion current US$ | +8.8% |
| 2023 | 58.95 billion current US$ | -7.0% |
| 2024 | 60.96 billion current US$ | +3.4% |
Israel compared with similar countries
- Israel's 60.96 billion current US$ is above the median for high income countries, which is 12.50 billion current US$, 4.9× the median. (75 countries reporting)
- Israel's 60.96 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 10.70 billion current US$, 5.7× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.96 billion current US$ | 15.81 billion current US$ | 19.15 billion current US$ | 5 |
| 2000s | 23.63 billion current US$ | 18.31 billion current US$ | 32.77 billion current US$ | 10 |
| 2010s | 39.36 billion current US$ | 33.62 billion current US$ | 46.45 billion current US$ | 10 |
| 2020s | 58.45 billion current US$ | 50.62 billion current US$ | 63.41 billion current US$ | 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$), annual growth rate 6.96 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Israel?
- Manufacturing, value added in Israel was 60.96 billion current US$ 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 63.41 billion current US$ in 2022.
- What is the lowest manufacturing, value added recorded in Israel?
- The lowest recorded value was 15.81 billion current US$ in 1995.
- How does Israel rank for manufacturing, value added?
- Israel ranks 36th out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Israel?
- Over the last ten years it is up 55.0%. 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 (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.