Source
Central bank

Bank of Israel

International Reserves

USD 98.4 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 327.6 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 312.4 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
5.7% 6.2% 3% 1.4% 5.7% 5.1% 2.4%
2013 2014 2015 2016* 2017*    
4.4% 3.2% 2.5% 2.8% 3%    

*Estimate

GDP per capita - current prices

USD 37,778.2 (2017, estimate)

GDP per capita - PPP

Intl$ 36,023.1 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.21% 0.22% 0.26% 0.25% 0.2%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 2.1% 
  • industry: 27.3% 
  • services: 69%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

4.1% (2014)

OECD, data retrieved January 2017

 

Inflation
2013 2014 2015 2016* 2017*
1.5% 0.5% -0.6% -0.6% 0.8%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
6.3% 6.0% 5.2% 5.2% 5.2%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
67% 66% 64.1% 65.8% 67.6%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-4.2% -3.4% -3.1% -3.4% -3.9%

*Estimate

Government bond ratings

Standard & Poor's: A+

Moody's: A1

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
USD 203.3 billion USD 200.5 billion USD 243.9 billion
Largest companies

Teva Pharmaceutical, Bank Hapoalim, Bank Leumi, Check Point Software, Mizrahi Tefahot Bank, Israel Discount Bank, Israel Corp, Delek Group, Migdal Insurance, FIBI Holdings.

 
 
Source
Current account balance

USD 9.5 billion (2017 estimate)

Current account balance by percentage of GDP

2.9% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

30.7% (2015)

Shares in world total merchandising export

0.4% (2015)

 

Shares in world total commercial services export

0.7% (2015)

Total exports

USD 51.6 billion (2016 estimate)

Export commodities

Machinery and equipment, software, cut diamonds, agricultural products, chemicals, textiles and apparel

Total imports

USD 57.9 billion (2016 estimate)

 
 
Source
Import commodities

Raw materials, military equipment, investment goods, rough diamonds, fuels, grain, consumer goods

Exports - major partners

US 27.5%, Hong Kong 8%, UK 6.1%, China 4.9% (2015)

Imports - major partners

US 13%, China 9.3%, Switzerland 7.1%, Germany 6.1%, Belgium 5.3%, Italy 4% (2015)

FDI inflows
2013 2014 2015
USD 12,449 million USD 6,739 million USD 11,566 million
FDI outflows
2013 2014 2015
USD 5,502 million USD 3,667 million USD 9,743 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD -2210.0 million USD 875.0 million USD 1455.6 million USD 3519.4 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

Teva Pharmaceutical Industries Ltd, Auspex Pharmaceuticals Inc, United States, USD 3.4 billion

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 52 out of 190 countries (2017)

Subcategories:

Starting a business: 41 out of 190 countries

Enforcing Contracts: 89 out of 190 countries

Registering Property: 126 out of 190 countries

Getting Credit: 44 out of 190 countries

Protecting Minority Investors: 9 out of 190 countries

Trading Across Borders: 59 out of 190 countries

Paying Taxes: 96 out of 190 countries

Dealing with Construction Permits: 71 out of 190 countries

Getting Electricity: 71 out of 190 countries

Resolving Insolvency: 31 out of 190 countries

Global competitiveness ranking

24 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 35 / Score: 70.7 (Mostly free) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+2

Total area

20,770 sq km

Capital

Jerusalem

Currency

New Israeli shekels (ILS)

Government type

Parliamentary democracy

Languages

Hebrew (official), Arabic (used officially for Arab minority), English (most commonly used foreign language)

Religions

Jewish 74.8%, Muslim 17.6%, Christian 2%, Druze 1.6%, other 4% (2015 est.)

Total population
1990 2000 2010 2016* 2021*
4.658 million 6.286 million 7.621 million 8.528 million 9.241 million

*Estimate 

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
77% 89% 91% 92%
Population median age

29.7 years (2016 estimate)

Population growth rate

1.53% (2016 estimate)

Life expectancy

82.4 years (2016 estimate)

Literacy

Total population: 97.8%
Male: 98.7%
Female: 96.8% (2011 est.)

(age 15 and over can read and write)

% of population living on less than $3.10 a day

N/A

Inequality of wealth distribution (Gini index)

42.8 (2010)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 1
Civil Liberties: 2 (2017)                         

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 43.05%   Mobile 133.47% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

77.35% (2015)

Mercer Cost of living index

Tel Aviv: 19th (2016)

CO2 emissions

8.8 (2013)

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