Israel: Economy

Economic Trivia

It has the second-largest number of startup companies in the world (after the United States) and the largest number of NASDAQ-listed companies outside North America.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners: United States, China, and Belgium
Top 3 Exported Goods: Precious Stones & Metals, Electrical Machinery, and Pharmaceuticals

Top Industries Source: CIA World Factbook

High-Technology Products (Aviation, Communications, Computer-Aided Design and Manufactures, Medical Electronics, Fiber Optics); Wood and Paper Products; Potash and Phosphates

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international $) $264 billion (2013)
GDP Growth Rate (annual %) 3.31% (2013)
GDP Per Capita, PPP (current international $) $32,760 (2013)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 54/192 (2013)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.526% (2013)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 29.9% (2013)
Real Interest Rate (5 year average %) 1.461% (2012)
Manufacturing, value added (% of GDP) Data unavailable
Current Account Balance (BoP, current US$) $849,700,000 (2012)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 3,651,864 (2012)
Employment in Agriculture (% of total employment) 1.7% (2009)
Employment in Industry (% of total employment) 20.4% (2009)
Employment in Services (% of total employment) 77.1% (2009)
Unemployment Rate 6.9% (2012)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $92,686 million (2012)
Exports of goods and services (current US$) $93,198 million (2012)
Total Merchandise Trade (% of GDP) 53.835% (2012)
FDI, net inflows (BoP, current US$) $11,804 million (2013)
Commercial Service Exports (current US$) $30,854,900,000 (2012)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Israel’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary