Israel - Change in Inventories





Israel: Change in Inventories

Mnemonic CIVT.IISR
Unit Mil. ILS, NSA
Adjustments Not Seasonally Adjusted
Quarterly 56.49 %
Data 2023 Q4 3,726
2023 Q3 8,565

Series Information

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

Israel: Business

Reference Last Previous Units Frequency
Change in Inventories 2023 Q4 3,726 8,565 Mil. ILS, NSA Quarterly
Industrial Production Dec 2023 127.4 131 Index 2011=100, SA Monthly

Release Information

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.

  • 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

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.

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).

Further reading

At the source:

At IMF (SDDS Plus):

  • 2 May 2023, Phillip Thorne - Moody's Analytics supplements.