Israel: Share of manufacturing

* indicates monthly or quarterly data series
 Israel

Value added by the manufacturing sector as percent of GDP

 Latest value 11.48
 Year 2022
 Measure percent
 Data availability 1995 - 2022
 Average 13.82
 Min - Max 10.88 - 16.57
 Source The World Bank
The latest value from 2022 is 11.48 percent, an increase from 10.88 percent in 2021. In comparison, the world average is 12.64 percent, based on data from 167 countries. Historically, the average for Israel from 1995 to 2022 is 13.82 percent. The minimum value, 10.88 percent, was reached in 2021 while the maximum of 16.57 percent was recorded in 2000. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Israel - Share of manufacturing - Recent values chart

Historical series
Israel - Share of manufacturing - historical chart - 1995-2022




The importance of manufacturing in the economy of Israel and other countries is measured as the value added of manufacturing as percent of GDP. Manufacturing is part of the industrial sector of the economy.
Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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 Related indicators Latest Reference Measure
 Share of industry 18.89 2022 percent
 Share of manufacturing 11.48 2022 percent
 Share of services 70.84 2022 percent
 Industry value added 99.18 2022 billion U.S. dollars
 Manufacturing value added 60.27 2022 billion U.S. dollars
 Services value added 371.93 2022 billion U.S. dollars
 Savings, percent of GDP 31.22 2023 percent
 Savings, in dollars 156.22 2023 billion U.S. dollars
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