Services, value added (constant LCU), annual growth rate in Israel
Israel: Services, value added (constant LCU), annual growth rate was 1.94 % change on previous year in 2024. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Israel, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant lcu), annual growth rate in Israel is 1.94 % change on previous year, measured in 2024.
Compared with earlier readings it is down 41.3% on the previous year and down 61.2% over ten years.
Over the whole period, services, value added (constant lcu), 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.
Israel ranks 142nd of 196 countries on this measure, 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 LCU), 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 | 0.8715 % change on previous year | -60.2% |
| 2003 | 2.68 % change on previous year | +207.5% |
| 2004 | 6.07 % change on previous year | +126.5% |
| 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 | -10.4% |
| 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 | -184.0% |
| 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 | 0.8715 % 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 8.17 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2135 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 12,885 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -0.8084 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -7.45 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -1.64 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0475 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 2,578 current LCU per person (2024)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Israel?
- Services, value added (constant lcu), 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 lcu), 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 lcu), 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 lcu), annual growth rate?
- Israel ranks 142nd out of 196 countries with data for 2024.
- Is services, value added (constant lcu), 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 LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant LCU). 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 LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.