Services, value added in Israel
Israel: Services, value added was 1.22 trillion constant LCU in 2024. ▲ Rising
Services, value added in Israel, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for services, value added in Israel is 1.22 trillion constant LCU, measured in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 1.9% on the previous year and up 44.4% over ten years.
Over the whole period, services, value added in Israel peaked at 1.22 trillion constant LCU in 2024 and was at its lowest, 377.41 billion constant LCU, in 1995.
That places Israel 76th out of 198 countries with data for 2024, putting it 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 | 412.10 billion constant LCU | 377.41 billion constant LCU | 450.48 billion constant LCU | 5 |
| 2000s | 572.12 billion constant LCU | 488.90 billion constant LCU | 680.88 billion constant LCU | 10 |
| 2010s | 863.04 billion constant LCU | 704.88 billion constant LCU | 1.02 trillion constant LCU | 10 |
| 2020s | 1.13 trillion constant LCU | 993.83 billion constant LCU | 1.22 trillion constant 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 services, value added in Israel?
- Services, value added in Israel was 1.22 trillion constant 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 1.22 trillion constant LCU in 2024.
- What is the lowest services, value added recorded in Israel?
- The lowest recorded value was 377.41 billion constant LCU in 1995.
- How does Israel rank for services, value added?
- Israel ranks 76th out of 198 countries with data for 2024.
- Is services, value added rising or falling in Israel?
- Over the last ten years it is up 44.4%. 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 Offices (NSOs), published as part of Services, value added (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.