Services value added — all countries

Services value added — Israel

Services value added in Israel in 2024 — 395,037,677,818 US$. Ranked 23 in the world out of 188. Since 1995, the indicator has risen by 495.4%.

2024 395B US$ +6.2% vs 2023
World rank 23of 188
Period maximum 395B US$2024
Period minimum 66.35B US$1995

Trend over time

1995–2024 · US$

Services value added — Israel, 1995–20240100B200B300B400B199519982001200420072010201320162019202220241995: 66,349,019,028 US$1996: 72,244,866,999 US$1997: 74,922,053,401 US$1998: 76,654,877,503 US$1999: 78,386,772,471 US$2000: 88,950,641,111 US$2001: 89,727,376,180 US$2002: 82,766,808,223 US$2003: 87,271,216,706 US$2004: 94,157,014,502 US$2005: 97,804,006,284 US$2006: 105,440,927,555 US$2007: 121,936,928,751 US$2008: 147,051,431,438 US$2009: 143,073,900,008 US$2010: 159,763,944,664 US$2011: 180,867,204,512 US$2012: 178,787,312,144 US$2013: 201,570,525,582 US$2014: 213,957,662,053 US$2015: 206,691,953,089 US$2016: 221,761,741,930 US$2017: 250,782,112,105 US$2018: 263,385,952,149 US$2019: 281,246,548,705 US$2020: 288,702,195,421 US$2021: 346,082,619,822 US$2022: 370,250,713,122 US$2023: 371,966,110,264 US$2024: 395,037,677,818 US$
Change over the period: +329B (+495.39%) Average annual rate: 6.35 %

Comparison, 2024

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

Israel 395B US$
World 70.69T US$
Western Asia computed 2.61T US$
High-income countries computed 25.79T US$
Services value added — Israel, by year Israel All countries CSV XLSX
Year US$ Change Change, %
2024 395B +23.07B +6.2%
2023 372B +1.72B +0.46%
2022 370B +24.17B +6.98%
2021 346B +57.38B +19.88%
2020 289B +7.46B +2.65%
2019 281B +17.86B +6.78%
2018 263B +12.6B +5.03%
2017 251B +29.02B +13.09%
2016 222B +15.07B +7.29%
2015 207B −7.27B −3.4%
2014 214B +12.39B +6.15%
2013 202B +22.78B +12.74%
2012 179B −2.08B −1.15%
2011 181B +21.1B +13.21%
2010 160B +16.69B +11.67%
2009 143B −3.98B −2.7%
2008 147B +25.11B +20.6%
2007 122B +16.5B +15.64%
2006 105B +7.64B +7.81%
2005 97.8B +3.65B +3.87%
2004 94.16B +6.89B +7.89%
2003 87.27B +4.5B +5.44%
2002 82.77B −6.96B −7.76%
2001 89.73B +777M +0.87%
2000 88.95B +10.56B +13.48%
1999 78.39B +1.73B +2.26%
1998 76.65B +1.73B +2.31%
1997 74.92B +2.68B +3.71%
1996 72.24B +5.9B +8.89%
1995 66.35B

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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