Israel's machinery and transport equipment (% of value added in manufacturing) was 47% in 2021, the latest year in the World Bank's World Development Indicators. That is up 11.39 percentage points from 35.61% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 47% | 2021 |
| Five years earlier | 37.8% | 2016 |
| Ten years earlier | 35.61% | 2011 |
| Highest | 47.69% | 2020 |
| Lowest | 8.56% | 1994 |
| Average since 2012 | 41.51% | 2012–2021 |
| First recorded | 11.76% | 1963 |
What the numbers say
In 2021, Israel's machinery and transport equipment (% of value added in manufacturing) fell 0.69 percentage points on 2020 (from 47.69% to 47%).
Across the 30 yearly changes before that (1991 to 2020), the average change was +1.26 percentage points and a typical year strayed about 4.02 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 11.73 percentage points in 1995 and the biggest yearly fall was 8.15 percentage points in 2001. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about 0.87 percentage points a year. A straight line explains 48% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Israel in the 2021 ranking
What this measures
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).
Limitations: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."
All 59 values
| Year | Machinery and transport equipment (% of value added in manufacturing) |
|---|---|
| 2021 | 47 |
| 2020 | 47.69 |
| 2019 | 45.59 |
| 2018 | 39.58 |
| 2017 | 38.56 |
| 2016 | 37.8 |
| 2015 | 37.92 |
| 2014 | 40.71 |
| 2013 | 39.14 |
| 2012 | 41.08 |
| 2011 |
Machinery and transport equipment (% of value added in manufacturing) in nearby economies
- Algeria — 0.6% (2017)
- Bahrain — 5.76% (2018)
- Egypt, Arab Rep. — 4.08% (2022)
- Iran, Islamic Rep. — 7.83% (2022)
- Iraq — 2.56% (2022)
- Jordan — 2.96% (2022)
- Kuwait — 4.52% (2021)
- Malta — 30.86% (2023)
- Morocco
More economic policy & debt data for Israel
- Portfolio equity, net inflows (BoP, current US$) — US$4.91 billion (2025)
- Total reserves, including gold (current US$) — US$229.49 billion (2025)
- Total reserves, excluding gold (current US$) — US$229.49 billion (2025)
- Gross fixed capital formation (current US$) — US$145.39 billion (2025)
- Gross fixed capital formation (current LCU) — 501.88 billion (2025)
- Gross fixed capital formation (constant 2015 US$) — US$102.07 billion (2025)
- Gross fixed capital formation (constant LCU) — 412.25 billion (2025)
- Gross fixed capital formation (% of GDP) — 23.8% (2025)
- Changes in inventories (current US$) — US$3.31 billion (2025)
Reading data like this
Questions people ask
- What is Israel's machinery and transport equipment (% of value added in manufacturing)?
- 47% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1963?
- It is up 35.24 percentage points from 11.76% in 1963. The highest value was 47.69% in 2020 and the lowest 8.56% in 1994.
- Is the latest change in machinery and transport equipment (% of value added in manufacturing) unusual for Israel?
- In 2021, Israel's machinery and transport equipment (% of value added in manufacturing) fell 0.69 percentage points on 2020 (from 47.69% to 47%). Across the 30 yearly changes before that (1991 to 2020), the average change was +1.26 percentage points and a typical year strayed about 4.02 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NV.MNF.MTRN.ZS.UN, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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