Israel GDP from Services

Services value added as a share of GDP.

GDP from Services in Israel increased to 72.85 percent of GDP in 2024 from 72.45 percent of GDP in 2023.

72.8%
▲ +0.4 pp2024 · previous 72.5%Annual · percent of GDP · Source: World Bank — World Development Indicators

Israel GDP from Services — History

Drag or pinch to zoom.

Loading chart…

Israel GDP from Services — analysis in simple words

Latest reading

GDP from Services in Israel increased to 72.85 percent of GDP in 2024 from 72.45 percent of GDP in 2023.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2023) it was 72.5%, so the latest figure is 0.4 percentage points higher.

Over the past five years the average was 71.3%, with a range from 70.3% to 72.8%. The latest value is above that five-year average.

Historical context

This data series starts in 1995 and has 30 annual observations. The latest reading is higher than 97% of all of them.

The highest value on record is 72.8% (2024) and the lowest is 62.8% (1997). The long-run average is 67.5%.

Compared with other countries

Among 202 economies with recent data, Israel ranks 24th from the top. The median across all these economies is 57.7%, so Israel is above the typical country.

Within Middle East, North Africa, Afghanistan & Pakistan (22 economies with data) it ranks 3rd; the regional median is 51.6%.

Statistics

Latest
72.8%2024
Previous
72.5%
5-year average
71.3%
Long-run average
67.5%since 1995
All-time high
72.8%2024
All-time low
62.8%1997
Observations
30Annual

Recent Data

PeriodValueChange
202472.8%▲ +0.4 pp
202372.5%▲ +1.9 pp
202270.5%▼ −0.2 pp
202170.7%▲ +0.4 pp
202070.3%▼ −0.2 pp
201970.5%▲ +0.3 pp
201870.1%▼ −0.0 pp
201770.2%▲ +1.1 pp
201669.1%▲ +0.8 pp
201568.3%▲ +0.2 pp
201468.1%▲ +0.4 pp
201367.6%▼ −0.3 pp
201267.9%▲ +0.4 pp
201167.6%▲ +0.8 pp
201066.7%▼ −0.4 pp
200967.1%▲ +0.6 pp
200866.6%▲ +0.4 pp
200766.1%▼ −0.3 pp
200666.4%▲ +0.1 pp
200566.4%▼ −0.9 pp
200467.3%▲ +0.8 pp
200366.5%▲ +0.4 pp
200266.1%▼ −0.4 pp
200166.5%▲ +1.3 pp
200065.2%▲ +0.6 pp
199964.6%▲ +1.0 pp
199863.6%▲ +0.9 pp
199762.8%▼ −0.0 pp
199662.8%▼ −0.1 pp
199562.9%

GDP from Services — Israel vs Peers

Latest available reading for each economy (periods may differ). Israel highlighted.

Loading chart…

More Israel indicators

Understanding GDP from Services — a simple guide

What it measures

Services value added as a share of GDP.

How it is calculated

Value added by services (trade, transport, finance, IT, health, education, government) ÷ GDP × 100.

Simple example

A share of 55% means more than half the economy is services.

▲ When it is high or rising

Service-heavy economies tend to be less cyclical.

▼ When it is low or falling

A lower share means agriculture or industry plays a bigger role.

Why it matters for the economy and markets

Services dominate most advanced economies and a growing share of emerging ones.

How to read it

Services tend to be less cyclical than industry and more dependent on domestic demand.

Data source

World Bank — World Development Indicators (series NV.SRV.TOTL.ZS), annual data from 1995 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current gdp from services of Israel?
Israel gdp from services was 72.8% in 2024, compared with 72.5% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest gdp from services of Israel?
Since 1995, the highest reading was 72.8% (2024) and the lowest was 62.8% (1997).
What does gdp from services measure?
Services value added as a share of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.