Gross value added at basic prices (GVA) in Israel
Israel: Gross value added at basic prices (GVA) was 374.02 billion constant 2015 US$ in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Israel, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Israel recorded 374.02 billion constant 2015 US$ for gross value added at basic prices (gva) in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 0.9% on the previous year and up 40.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Israel peaked at 374.02 billion constant 2015 US$ in 2024 and was at its lowest, 129.59 billion constant 2015 US$, in 1995.
That places Israel 36th out of 193 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 142.16 billion constant 2015 US$ | 129.59 billion constant 2015 US$ | 153.32 billion constant 2015 US$ | 5 |
| 2000s | 187.09 billion constant 2015 US$ | 166.28 billion constant 2015 US$ | 216.97 billion constant 2015 US$ | 10 |
| 2010s | 271.11 billion constant 2015 US$ | 228.27 billion constant 2015 US$ | 317.52 billion constant 2015 US$ | 10 |
| 2020s | 352.08 billion constant 2015 US$ | 313.17 billion constant 2015 US$ | 374.02 billion constant 2015 US$ | 5 |
Countries ranked near Israel
- 33 Vietnam 403.05 billion constant 2015 US$ compare
- 34 Pakistan 400.78 billion constant 2015 US$ compare
- 35 Austria 378.73 billion constant 2015 US$ compare
- 37 Bangladesh 337.32 billion constant 2015 US$ compare
- 38 Hong Kong 335.83 billion constant 2015 US$ compare
- 39 Colombia 335.09 billion constant 2015 US$ compare
More economy & growth data for Israel
- 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)
- Taxes less subsidies on products 46.87 billion current US$ (2024)
- Net primary income (Net income from abroad) -28.31 billion current LCU (2025)
- Net primary income (Net income from abroad) -8.20 billion current US$ (2025)
- GNI per capita 205,337 current LCU (2025)
- GNI per capita, Atlas method 56,180 current US$ (2025)
- GNI 2.08 trillion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Israel?
- Gross value added at basic prices (gva) in Israel was 374.02 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Israel?
- The highest recorded value was 374.02 billion constant 2015 US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Israel?
- The lowest recorded value was 129.59 billion constant 2015 US$ in 1995.
- How does Israel rank for gross value added at basic prices (gva)?
- Israel ranks 36th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Israel?
- Over the last ten years it is up 40.8%. 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 Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.