Services, value added in Israel
Israel: Services, value added was 290.63 billion constant 2015 US$ in 2024. ▲ Rising
Services, value added in Israel, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Israel is 290.63 billion constant 2015 US$, measured in 2024. That is the highest value across all 30 years on record.
The figure is up 1.9% on the previous year and up 44.4% over ten years.
Over the whole period, services, value added in Israel peaked at 290.63 billion constant 2015 US$ in 2024 and was at its lowest, 89.84 billion constant 2015 US$, in 1995.
That places Israel 29th out of 194 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 98.10 billion constant 2015 US$ | 89.84 billion constant 2015 US$ | 107.24 billion constant 2015 US$ | 5 |
| 2000s | 136.19 billion constant 2015 US$ | 116.38 billion constant 2015 US$ | 162.09 billion constant 2015 US$ | 10 |
| 2010s | 205.45 billion constant 2015 US$ | 167.80 billion constant 2015 US$ | 243.28 billion constant 2015 US$ | 10 |
| 2020s | 269.24 billion constant 2015 US$ | 236.58 billion constant 2015 US$ | 290.63 billion constant 2015 US$ | 5 |
Countries ranked near Israel
- 26 Philippines 301.54 billion constant 2015 US$ compare
- 28 Singapore 297.58 billion constant 2015 US$ compare
- 30 Thailand 289.72 billion constant 2015 US$ compare
- 31 Norway 278.51 billion constant 2015 US$ compare
- 32 United Arab Emirates 274.80 billion constant 2015 US$ compare
More economy & growth data for Israel
- External balance on goods and services as a percent of GDP 2.1% (2025)
- Inflation of consumer prices 3.0% (2025)
- GDP per capita 42,596 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 11.2% (2024)
- Gross domestic product (GDP) 431.19 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 42,596 constant 2015 US$ (2025)
- DEC alternative conversion factor 3.45 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 14.20 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 4.12 billion current US$ (2025)
- Taxes less subsidies on products 173.40 billion current LCU (2024)
Frequently asked questions
- What is services, value added in Israel?
- Services, value added in Israel was 290.63 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Israel?
- The highest recorded value was 290.63 billion constant 2015 US$ in 2024.
- What is the lowest services, value added recorded in Israel?
- The lowest recorded value was 89.84 billion constant 2015 US$ in 1995.
- How does Israel rank for services, value added?
- Israel ranks 29th out of 194 countries with data for 2024.
- Is services, value added rising or falling in Israel?
- Over the last ten years it is up 44.4%. 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 Services, 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
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.