Gross value added at basic prices (GVA) in Israel
Israel: Gross value added at basic prices (GVA) was 1.83 trillion current LCU 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 current LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Israel is 1.83 trillion current LCU, measured in 2024. That is the highest value across all 30 years on record.
The figure is up 5.9% on the previous year and up 82.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Israel peaked at 1.83 trillion current LCU in 2024 and was at its lowest, 281.28 billion current LCU, in 1995.
Israel ranks 87th of 206 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 365.95 billion current LCU | 281.28 billion current LCU | 448.34 billion current LCU | 5 |
| 2000s | 601.04 billion current LCU | 499.42 billion current LCU | 753.66 billion current LCU | 10 |
| 2010s | 1.04 trillion current LCU | 800.48 billion current LCU | 1.29 trillion current LCU | 10 |
| 2020s | 1.58 trillion current LCU | 1.29 trillion current LCU | 1.83 trillion current LCU | 5 |
Countries ranked near Israel
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 1.83 trillion current LCU 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 1.83 trillion current LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Israel?
- The lowest recorded value was 281.28 billion current LCU in 1995.
- How does Israel rank for gross value added at basic prices (gva)?
- Israel ranks 87th out of 206 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 82.2%. 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) (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.