The main goal of this work is to process and analyze first of its kind industry-level ICT-investments data in Israel between 1990 and 2003. This data enables, for the first time, thorough and detailed examination of the ICT investments and usage in Israel. Based on the data analysis and comparisons to parallel international data sources, we can identify, among others, substantial investment gaps between Israel and other ICT-developed economies. Thus, the new data might be an important basis for characterizing economical policy fostering an economy-wide growth and productivity in Israel.