Services, value added (current US$), annual growth rate in Israel

Israel: Services, value added (current US$), annual growth rate was 6.2 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.2 % change on previous year
Change on year
up 1,239.1%
World rank
138th
of 204 countries
All-time high
20.6 % change on previous year
in 2008
All-time low
-7.76 % change on previous year
in 2002
Years of data
29
1996–2024

Services, value added (current US$), annual growth rate in Israel, 1996–2024

-10010201996201020241996: 8.9 % change on previous year1997: 3.7 % change on previous year1998: 2.3 % change on previous year1999: 2.3 % change on previous year2000: 13.5 % change on previous year2001: 0.873 % change on previous year2002: -7.8 % change on previous year2003: 5.4 % change on previous year2004: 7.9 % change on previous year2005: 3.9 % change on previous year2006: 7.8 % change on previous year2007: 15.6 % change on previous year2008: 20.6 % change on previous year2009: -2.7 % change on previous year2010: 11.7 % change on previous year2011: 13.2 % change on previous year2012: -1.2 % change on previous year2013: 12.7 % change on previous year2014: 6.1 % change on previous year2015: -3.4 % change on previous year2016: 7.3 % change on previous year2017: 13.1 % change on previous year2018: 5 % change on previous year2019: 6.8 % change on previous year2020: 2.7 % change on previous year2021: 19.9 % change on previous year2022: 7 % change on previous year2023: 0.463 % change on previous year2024: 6.2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Israel recorded 6.2 % change on previous year for services, value added (current us$), annual growth rate in 2024.

That represents a change of up 1,239.1% on the previous year and up 0.9% over ten years.

Over the whole period, services, value added (current us$), annual growth rate in Israel peaked at 20.6 % change on previous year in 2008 and was at its lowest, -7.76 % change on previous year, in 2002.

Israel ranks 138th of 204 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 (current US$), annual growth rate in Israel, year by year

Annual values for Services, value added (current US$), annual growth rate in Israel, 1996 to 2024.
Year % change on previous year Change
1996 8.89 % change on previous year
1997 3.71 % change on previous year -58.3%
1998 2.31 % change on previous year -37.6%
1999 2.26 % change on previous year -2.3%
2000 13.48 % change on previous year +496.5%
2001 0.8733 % change on previous year -93.5%
2002 -7.76 % change on previous year -988.3%
2003 5.44 % change on previous year -170.2%
2004 7.89 % change on previous year +45.0%
2005 3.87 % change on previous year -50.9%
2006 7.81 % change on previous year +101.6%
2007 15.64 % change on previous year +100.4%
2008 20.6 % change on previous year +31.6%
2009 -2.7 % change on previous year -113.1%
2010 11.67 % change on previous year -531.3%
2011 13.21 % change on previous year +13.2%
2012 -1.15 % change on previous year -108.7%
2013 12.74 % change on previous year -1208.1%
2014 6.15 % change on previous year -51.8%
2015 -3.4 % change on previous year -155.3%
2016 7.29 % change on previous year -314.7%
2017 13.09 % change on previous year +79.5%
2018 5.03 % change on previous year -61.6%
2019 6.78 % change on previous year +34.9%
2020 2.65 % change on previous year -60.9%
2021 19.88 % change on previous year +649.8%
2022 6.98 % change on previous year -64.9%
2023 0.4632 % change on previous year -93.4%
2024 6.2 % change on previous year +1239.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.29 % change on previous year 2.26 % change on previous year 8.89 % change on previous year 4
2000s 6.51 % change on previous year -7.76 % change on previous year 20.6 % change on previous year 10
2010s 7.14 % change on previous year -3.4 % change on previous year 13.21 % change on previous year 10
2020s 7.24 % change on previous year 0.4632 % change on previous year 19.88 % change on previous year 5

Countries ranked near Israel

  1. 135 Greenland 6.31 % change on previous year compare
  2. 136 Saudi Arabia 6.29 % change on previous year compare
  3. 137 Maldives 6.22 % change on previous year compare
  4. 139 Antigua and Barbuda 6.14 % change on previous year compare
  5. 140 Honduras 6.06 % change on previous year compare
  6. 141 Finland 5.95 % change on previous year compare

See the full ranking of 252 places →

More economy & growth data for Israel

All data for Israel →

Frequently asked questions

What is services, value added (current us$), annual growth rate in Israel?
Services, value added (current us$), annual growth rate in Israel was 6.2 % change on previous year in 2024, according to Statizoid (derived).
What is the highest services, value added (current us$), annual growth rate recorded in Israel?
The highest recorded value was 20.6 % change on previous year in 2008.
What is the lowest services, value added (current us$), annual growth rate recorded in Israel?
The lowest recorded value was -7.76 % change on previous year in 2002.
How does Israel rank for services, value added (current us$), annual growth rate?
Israel ranks 138th out of 204 countries with data for 2024.
Is services, value added (current us$), annual growth rate rising or falling in Israel?
Over the last ten years it is up 0.9%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Services, value added (current US$), annual growth rate in Israel. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-current-us-annual-growth-rate/israel/

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How this figure is calculated

The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Services, value added (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 10,451 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.