Israel - Imports of Goods and Services

Israel: Imports of Goods and Services

Mnemonic	IM.IISR
Unit	Mil. ILS, NSA
Adjustments	Not Seasonally Adjusted
	Quarterly	10.16 %
Data	2023 Q4	120,656
	2023 Q3	134,298

Series Information

Source	Central Bureau of Statistics - Israel
Release	GDP
Frequency	Quarterly
Start Date	3/31/1995
End Date	12/31/2023

Israel: Trade

	Reference	Last	Previous	Units	Frequency
Exports of Goods	Mar 2024	4,721	4,592	Mil. USD, SA	Monthly
Imports of Goods	Mar 2024	7,137	7,295	Mil. USD, SA	Monthly
Exports of Goods and Services	2023 Q4	149,311	144,946	Mil. ILS, NSA	Quarterly
Imports of Goods and Services	2023 Q4	120,656	134,298	Mil. ILS, NSA	Quarterly
Net Exports	2023 Q4	28,655	10,648	Mil. ILS, NSA	Quarterly
Current Account Balance	2023 Q2	5,589	4,919	Mil. USD, NSA	Quarterly
Real Exports of Goods and Services	2016	344,869,514,200	336,309,389,300	NCU	Annual
Real Imports of Goods and Services	2016	369,835,287,700	338,042,716,800	NCU	Annual

Release Information

Description

For Israel, national accounts: GDP by expenditure and GDP by industry. GDP measures the market value of the products attributed to factors of production employed in Israel and in Jewish localities in Judea and Samaria before deduction of provisions for the consumption of fixed capital.

Properties

National accounts framework: UN SNA 2008
Industry classification: SIC 2011
Measurements:
- Millions of new Israeli shekels (a.k.a. NIS) at chained year-2015 prices (Mil. Ch. 2015 ILS)
- At current prices (Mil. ILS)
Adjustments:
- Seasonally adjusted (SA)
- Not seasonally adjusted (NSA)
Native frequency: Quarterly
Start date: 1995Q1

Methodology

The data are compiled cover the entire economy.

Scope of data:

Transaction coverage: The production boundary is in accordance with the 2008 SNA. Estimates of illegal output are included for construction activities and illegal slaughtering of animals. Other illegal output sold to willing buyers is included if reported by households in the Household Expenditure Survey (HES).
Geographic coverage: Israel and Israeli localities in Judea and Samaria.

Moody's Analytics supplements

We seasonally adjust GDP and its components at current prices, using the U.S. Census Bureau's X-13ARIMA-SEATS program.

Gross capital formation was not initially reported, but we were able to construct it via additive identity. As of 2022Q4 (April 2023) it was reported, retroactive to 2020Q1, so we back-extended to 1995Q1.

Revisions

Yes. The source publishes three estimates for each quarter. The first estimate is usually published two months after the end of the reference period (e.g.: in mid-May for Q1). The second and final estimates are released in the following two consecutive months (e.g.: mid-June and mid-July for Q1).