Value Added (Total Manufacturing) — Value US$ in Israel
Israel: Value Added (Total Manufacturing) — Value US$ was 54,694 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Israel, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$ in Israel stood at 54,694 million USD.
Compared with earlier readings it is down 9.3% on the previous year and up 41.5% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Israel peaked at 60,274 million USD in 2022 and was at its lowest, 1,459 million USD, in 1970.
Israel ranks 45th of 236 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$ in Israel, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,459 million USD | — |
| 1971 | 1,658 million USD | +13.6% |
| 1972 | 1,907 million USD | +15.0% |
| 1973 | 2,267 million USD | +18.9% |
| 1974 | 3,012 million USD | +32.9% |
| 1975 | 2,824 million USD | -6.3% |
| 1976 | 3,307 million USD | +17.1% |
| 1977 | 3,463 million USD | +4.7% |
| 1978 | 3,266 million USD | -5.7% |
| 1979 | 3,586 million USD | +9.8% |
| 1980 | 3,882 million USD | +8.3% |
| 1981 | 4,873 million USD | +25.5% |
| 1982 | 5,356 million USD | +9.9% |
| 1983 | 6,134 million USD | +14.5% |
| 1984 | 6,346 million USD | +3.5% |
| 1985 | 5,492 million USD | -13.5% |
| 1986 | 6,311 million USD | +14.9% |
| 1987 | 8,010 million USD | +26.9% |
| 1988 | 9,396 million USD | +17.3% |
| 1989 | 9,817 million USD | +4.5% |
| 1990 | 11,172 million USD | +13.8% |
| 1991 | 11,942 million USD | +6.9% |
| 1992 | 13,431 million USD | +12.5% |
| 1993 | 13,559 million USD | +1.0% |
| 1994 | 14,705 million USD | +8.5% |
| 1995 | 15,734 million USD | +7.0% |
| 1996 | 17,398 million USD | +10.6% |
| 1997 | 18,504 million USD | +6.4% |
| 1998 | 18,934 million USD | +2.3% |
| 1999 | 19,142 million USD | +1.1% |
| 2000 | 22,575 million USD | +17.9% |
| 2001 | 20,572 million USD | -8.9% |
| 2002 | 18,290 million USD | -11.1% |
| 2003 | 18,647 million USD | +2.0% |
| 2004 | 19,608 million USD | +5.2% |
| 2005 | 21,738 million USD | +10.9% |
| 2006 | 23,827 million USD | +9.6% |
| 2007 | 28,311 million USD | +18.8% |
| 2008 | 32,732 million USD | +15.6% |
| 2009 | 29,809 million USD | -8.9% |
| 2010 | 33,595 million USD | +12.7% |
| 2011 | 36,351 million USD | +8.2% |
| 2012 | 36,200 million USD | -0.4% |
| 2013 | 38,664 million USD | +6.8% |
| 2014 | 39,287 million USD | +1.6% |
| 2015 | 39,108 million USD | -0.5% |
| 2016 | 38,736 million USD | -1.0% |
| 2017 | 40,992 million USD | +5.8% |
| 2018 | 43,774 million USD | +6.8% |
| 2019 | 46,386 million USD | +6.0% |
| 2020 | 50,066 million USD | +7.9% |
| 2021 | 53,285 million USD | +6.4% |
| 2022 | 60,274 million USD | +13.1% |
| 2023 | 54,694 million USD | -9.3% |
Israel compared with similar countries
- Israel's 54,694 million USD is above the median for high income countries, which is 11,780 million USD, 4.6× the median. (73 countries reporting)
- Israel's 54,694 million USD is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 8,894 million USD, 6.1× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,675 million USD | 1,459 million USD | 3,586 million USD | 10 |
| 1980s | 6,562 million USD | 3,882 million USD | 9,817 million USD | 10 |
| 1990s | 15,452 million USD | 11,172 million USD | 19,142 million USD | 10 |
| 2000s | 23,611 million USD | 18,290 million USD | 32,732 million USD | 10 |
| 2010s | 39,309 million USD | 33,595 million USD | 46,386 million USD | 10 |
| 2020s | 54,580 million USD | 50,066 million USD | 60,274 million USD | 4 |
Countries ranked near Israel
- 42 Denmark 64,968 million USD compare
- 43 Nigeria 57,612 million USD compare
- 44 United Arab Emirates 55,762 million USD compare
- 46 Puerto Rico 53,769 million USD compare
- 47 Egypt 49,950 million USD compare
- 48 South Africa 48,810 million USD 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 14.47 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0237 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,429 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 26.22 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 77.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0429 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,590 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.96 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Israel?
- Value added (total manufacturing) — value us$ in Israel was 54,694 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Israel?
- The highest recorded value was 60,274 million USD in 2022.
- What is the lowest value added (total manufacturing) — value us$ recorded in Israel?
- The lowest recorded value was 1,459 million USD in 1970.
- How does Israel rank for value added (total manufacturing) — value us$?
- Israel ranks 45th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Israel?
- Over the last ten years it is up 41.5%. The long-run trend across the full record is volatile.
- Where does this Israel data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).