National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Israel
ISREXPORTQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148,569,000,000.00
Year-over-Year Change
50.95%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures the current price value of exports of goods and services for Israel. It is an important indicator of international trade and economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Exports of Goods and Services for Israel trend represents the total monetary value of all goods and services sold by Israeli entities to foreign buyers. It is a key component of Israel's Gross Domestic Product (GDP) and provides insight into the country's global economic engagement and trade balance.
Methodology
The data is collected and calculated by the Organization for Economic Co-operation and Development (OECD).
Historical Context
This trend is closely monitored by policymakers, analysts, and international institutions to assess Israel's economic health and competitive position.
Key Facts
- Israel's exports account for over 30% of its GDP.
- Exports grew by 8.2% in 2021 compared to the previous year.
- The United States is Israel's largest export market, accounting for over 25% of total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the current price value of all goods and services exported from Israel to foreign buyers. It is a key component of Israel's Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Israel's international trade performance and competitive position in the global economy. It is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Organization for Economic Co-operation and Development (OECD).
Q: How is this trend used in economic policy?
A: Policymakers and institutions use this trend to assess Israel's economic health, trade balance, and global competitiveness. It informs decisions on trade agreements, export promotion policies, and broader economic strategies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a delay of approximately 3 months. There may also be revisions to historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Israel (ISREXPORTQDSMEI), retrieved from FRED.