Foreign Trade In Services (As % of GDP) rose to 20.8% in Israel in 2017

Foreign Trade In Services (As % of GDP) (%)
Economy | Israel | May 17, 2019
$2.99
Excel Sheet

Foreign trade in services as a share of GDP reached 20.8 % in 2017 in Israel, according to the National Statistical Office. This is 1.83 % more than in the previous year.

Historically, foreign trade in services as a share of GDP in Israel reached an all time high of 22.6 % in 1978 and an all time low of 8.27 % in 1960. When compared to Israel's main peers, foreign trade in services as a share of GDP in Egypt amounted to 15.9 %, 28.8 % in Jordan and 54.2 % in Lebanon in 2017.

Israel has been ranked 70th within the group of 156 countries we follow in terms of foreign trade in services as a share of GDP, 19 places behind the position seen 10 years ago.

Trade in services is the sum of service exports and imports divided by the value of GDP, all in current US dollars.

Foreign Trade In Services (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Cyprus % 58.1% 59.0% 69.4% 74.1% 79.0%
Egypt % 14.1% 13.7% 12.0% 12.9% 10.8%
Iraq % 7.51% 7.40% 8.67% 9.54% 12.9%
Israel % 19.0% 20.9% 19.8% 19.3% 20.2%
Jordan % 35.4% 35.4% 32.5% 32.9% 28.8%
Lebanon % 76.7% 60.4% 61.1% 57.6% 59.3%
Libya % 12.8% 8.73% 13.2% 18.3% 18.5% ...
Saudi Arabia % 13.3% 11.5% 11.9% 14.9% 15.7%
Sudan % 5.54% 4.65% 4.56% 4.43% 3.41%
Syria % ... ... ... ... ... ... ... ... ...
Turkey % 7.47% 7.39% 7.66% 8.27% 8.12%