Services, value added (current LCU) in Israel
Israel: Services, value added (current LCU) was 1.46 trillion current LCU in 2024. ◆ Volatile
Services, value added in Israel, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Israel recorded 1.46 trillion current LCU for services, value added in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 7.1% on the previous year and up 90.9% over ten years.
Over the whole period, services, value added in Israel peaked at 1.46 trillion current LCU in 2024 and was at its lowest, 199.80 billion current LCU, in 1995.
That places Israel 83rd out of 206 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 (current LCU) in Israel, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 199.80 billion current LCU | — |
| 1996 | 230.58 billion current LCU | +15.4% |
| 1997 | 258.44 billion current LCU | +12.1% |
| 1998 | 291.30 billion current LCU | +12.7% |
| 1999 | 324.50 billion current LCU | +11.4% |
| 2000 | 362.68 billion current LCU | +11.8% |
| 2001 | 377.37 billion current LCU | +4.0% |
| 2002 | 392.13 billion current LCU | +3.9% |
| 2003 | 397.44 billion current LCU | +1.4% |
| 2004 | 422.01 billion current LCU | +6.2% |
| 2005 | 438.92 billion current LCU | +4.0% |
| 2006 | 469.82 billion current LCU | +7.0% |
| 2007 | 500.93 billion current LCU | +6.6% |
| 2008 | 527.62 billion current LCU | +5.3% |
| 2009 | 562.61 billion current LCU | +6.6% |
| 2010 | 597.35 billion current LCU | +6.2% |
| 2011 | 647.17 billion current LCU | +8.3% |
| 2012 | 689.39 billion current LCU | +6.5% |
| 2013 | 727.82 billion current LCU | +5.6% |
| 2014 | 765.52 billion current LCU | +5.2% |
| 2015 | 803.38 billion current LCU | +4.9% |
| 2016 | 851.69 billion current LCU | +6.0% |
| 2017 | 902.70 billion current LCU | +6.0% |
| 2018 | 945.70 billion current LCU | +4.8% |
| 2019 | 1.00 trillion current LCU | +6.0% |
| 2020 | 993.83 billion current LCU | -0.9% |
| 2021 | 1.12 trillion current LCU | +12.5% |
| 2022 | 1.24 trillion current LCU | +11.3% |
| 2023 | 1.36 trillion current LCU | +9.7% |
| 2024 | 1.46 trillion current LCU | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 260.92 billion current LCU | 199.80 billion current LCU | 324.50 billion current LCU | 5 |
| 2000s | 445.15 billion current LCU | 362.68 billion current LCU | 562.61 billion current LCU | 10 |
| 2010s | 793.32 billion current LCU | 597.35 billion current LCU | 1.00 trillion current LCU | 10 |
| 2020s | 1.24 trillion current LCU | 993.83 billion current LCU | 1.46 trillion current 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 services, value added in Israel?
- Services, value added in Israel was 1.46 trillion current LCU 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 1.46 trillion current LCU in 2024.
- What is the lowest services, value added recorded in Israel?
- The lowest recorded value was 199.80 billion current LCU in 1995.
- How does Israel rank for services, value added?
- Israel ranks 83rd out of 206 countries with data for 2024.
- Is services, value added rising or falling in Israel?
- Over the last ten years it is up 90.9%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.