Israel - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Israel was 259,565,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 262,430,000,000 in 2019 and a minimum value of 150,470,000,000 in 1995.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 150,470,000,000
1996 162,037,000,000
1997 171,743,000,000
1998 175,275,000,000
1999 175,277,000,000
2000 190,311,000,000
2001 178,809,000,000
2002 172,078,000,000
2003 172,099,000,000
2004 174,099,000,000
2005 184,132,000,000
2006 192,763,000,000
2007 202,202,000,000
2008 198,806,000,000
2009 194,509,000,000
2010 220,053,000,000
2011 223,534,000,000
2012 220,679,000,000
2013 228,804,000,000
2014 233,179,000,000
2015 230,963,000,000
2016 230,403,000,000
2017 240,446,000,000
2018 258,077,000,000
2019 262,430,000,000
2020 259,565,000,000

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts