Industry value added — all countries

Industry value added — Israel

Industry value added in Israel in 2024 — 93,409,026,824 US$. Ranked 46 in the world out of 188. Since 1995, the indicator has risen by 275.2%.

2024 93.41B US$ +0.47% vs 2023
World rank 46of 188
Period maximum 101B US$2022
Period minimum 24.89B US$1995

Trend over time

1995–2024 · US$

Industry value added — Israel, 1995–2024050B100B150B199519982001200420072010201320162019202220241995: 24,894,938,399 US$1996: 27,554,997,024 US$1997: 28,929,182,467 US$1998: 28,523,087,024 US$1999: 27,800,538,686 US$2000: 31,437,987,148 US$2001: 29,304,386,666 US$2002: 26,918,144,709 US$2003: 27,976,954,393 US$2004: 28,815,064,926 US$2005: 31,410,877,287 US$2006: 34,318,407,469 US$2007: 40,345,267,885 US$2008: 47,290,652,731 US$2009: 44,000,989,243 US$2010: 49,925,674,282 US$2011: 53,919,454,131 US$2012: 53,864,320,753 US$2013: 61,324,253,400 US$2014: 62,765,126,715 US$2015: 60,558,529,223 US$2016: 61,567,051,824 US$2017: 66,758,786,963 US$2018: 70,881,121,822 US$2019: 75,650,754,161 US$2020: 80,054,995,212 US$2021: 92,594,940,972 US$2022: 100,916,466,437 US$2023: 92,973,142,480 US$2024: 93,409,026,824 US$
Change over the period: +68.51B (+275.21%) Average annual rate: 4.67 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Israel

Israel 93.41B US$
World 28.4T US$
Western Asia computed 1.76T US$
High-income countries computed 9.88T US$
Industry value added — Israel, by year Israel All countries CSV XLSX
Year US$ Change Change, %
2024 93.41B +436M +0.47%
2023 92.97B −7.94B −7.87%
2022 101B +8.32B +8.99%
2021 92.59B +12.54B +15.66%
2020 80.05B +4.4B +5.82%
2019 75.65B +4.77B +6.73%
2018 70.88B +4.12B +6.17%
2017 66.76B +5.19B +8.43%
2016 61.57B +1.01B +1.67%
2015 60.56B −2.21B −3.52%
2014 62.77B +1.44B +2.35%
2013 61.32B +7.46B +13.85%
2012 53.86B −55.13M −0.1%
2011 53.92B +3.99B +8%
2010 49.93B +5.92B +13.46%
2009 44B −3.29B −6.96%
2008 47.29B +6.95B +17.21%
2007 40.35B +6.03B +17.56%
2006 34.32B +2.91B +9.26%
2005 31.41B +2.6B +9.01%
2004 28.82B +838M +3%
2003 27.98B +1.06B +3.93%
2002 26.92B −2.39B −8.14%
2001 29.3B −2.13B −6.79%
2000 31.44B +3.64B +13.08%
1999 27.8B −723M −2.53%
1998 28.52B −406M −1.4%
1997 28.93B +1.37B +4.99%
1996 27.55B +2.66B +10.69%
1995 24.89B

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.