Services, value added (constant 2015 US$), annual growth rate in Israel
Israel: Services, value added (constant 2015 US$), annual growth rate was 1.94 % change on previous year in 2024. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Israel, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Israel recorded 1.94 % change on previous year for services, value added (constant 2015 us$), annual growth rate in 2024.
That represents a change of down 41.3% on the previous year and down 61.2% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in Israel peaked at 9 % change on previous year in 2021 and was at its lowest, -2.75 % change on previous year, in 2020.
That places Israel 142nd out of 195 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate in Israel, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 4.87 % change on previous year | — |
| 1997 | 3.17 % change on previous year | -35.0% |
| 1998 | 4.95 % change on previous year | +56.4% |
| 1999 | 5.12 % change on previous year | +3.5% |
| 2000 | 8.53 % change on previous year | +66.4% |
| 2001 | 2.19 % change on previous year | -74.3% |
| 2002 | 0.8711 % change on previous year | -60.2% |
| 2003 | 2.68 % change on previous year | +207.6% |
| 2004 | 6.07 % change on previous year | +126.6% |
| 2005 | 3.19 % change on previous year | -47.5% |
| 2006 | 6.75 % change on previous year | +111.6% |
| 2007 | 6.04 % change on previous year | -10.5% |
| 2008 | 4.41 % change on previous year | -27.0% |
| 2009 | 1.71 % change on previous year | -61.1% |
| 2010 | 3.52 % change on previous year | +105.6% |
| 2011 | 6.32 % change on previous year | +79.3% |
| 2012 | 3.36 % change on previous year | -46.8% |
| 2013 | 3.93 % change on previous year | +17.0% |
| 2014 | 4.99 % change on previous year | +26.9% |
| 2015 | 2.73 % change on previous year | -45.4% |
| 2016 | 5.21 % change on previous year | +91.2% |
| 2017 | 4.87 % change on previous year | -6.6% |
| 2018 | 3.29 % change on previous year | -32.4% |
| 2019 | 3.28 % change on previous year | -0.3% |
| 2020 | -2.75 % change on previous year | -183.9% |
| 2021 | 9 % change on previous year | -426.9% |
| 2022 | 7.03 % change on previous year | -22.0% |
| 2023 | 3.3 % change on previous year | -53.1% |
| 2024 | 1.94 % change on previous year | -41.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.53 % change on previous year | 3.17 % change on previous year | 5.12 % change on previous year | 4 |
| 2000s | 4.24 % change on previous year | 0.8711 % change on previous year | 8.53 % change on previous year | 10 |
| 2010s | 4.15 % change on previous year | 2.73 % change on previous year | 6.32 % change on previous year | 10 |
| 2020s | 3.7 % change on previous year | -2.75 % change on previous year | 9 % change on previous year | 5 |
Countries ranked near Israel
- 139 Jordan 1.96 % change on previous year compare
- 140 Switzerland 1.96 % change on previous year compare
- 141 Portugal 1.95 % change on previous year compare
- 143 El Salvador 1.88 % change on previous year compare
- 144 Solomon Islands 1.86 % change on previous year compare
- 145 Belarus 1.82 % change on previous year 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)
- Services, value added (current US$), annual growth rate 6.2 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7285 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 39,495 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 7.14 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 2.7 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 146,121 current LCU per person (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5359 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 29,056 constant 2015 US$ per person (2024)
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in Israel?
- Services, value added (constant 2015 us$), annual growth rate in Israel was 1.94 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Israel?
- The highest recorded value was 9 % change on previous year in 2021.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Israel?
- The lowest recorded value was -2.75 % change on previous year in 2020.
- How does Israel rank for services, value added (constant 2015 us$), annual growth rate?
- Israel ranks 142nd out of 195 countries with data for 2024.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Israel?
- Over the last ten years it is down 61.2%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.