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 (2018): United States, China, and Turkey
Top 3 Exported Goods (2018): 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) [1]

GDP, PPP (current international) $353,775,018,070 (2018)
GDP Growth Rate (annual %) 3.309% (2018)
GDP Per Capita, PPP (current international) $39,822 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 51/196 (2018)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 0.815% (2018)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 25.3% (2019)
Real Interest Rate (5 year average %) 2.409% (2018)
Manufacturing, value added (% of GDP) 12.419% (2017)
Current Account Balance (BoP, current US$) $9,670,700,000 (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 4,162,440 (2019)
Employment in Agriculture (% of total employment) 0.973% (2019)
Employment in Industry (% of total employment) 17.216% (2019)
Employment in Services (% of total employment) 81.811% (2019)
Unemployment Rate 3.931% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $97,368,764,703 (2017)
Exports of goods and services (current US$) $103,292,752,405 (2017)
Total Merchandise Trade (% of GDP) 39.274% (2018)
FDI, net inflows (BoP, current US$) $20,788,600,000 (2018)
Commercial Service Exports (current US$) $49,877,200,000 (2018)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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


  1. The World Bank