Israel
Mini Country Report on Israel
This is a mini country report on Israel that gives an overview of the economy of the country. It includes data on economic indicators such as GDP, Imports and exports, exchange rate, balance of payments, government budget, and trends in the stock market. It also describes the business outlook and an assessment of potential for doing business in the country.
Gross Domestic Product (GDP)
Israel per capita GDP ($18,000) is the highest among all the countries in the Middle East and it is about 88% of the Average GDP of the OECD countries. Its total GDP for 2002 is U.S. $115,040 million. The GDP showed a rapid rise in the 1990s but has dropped slightly after 2000 ("Real GDP"- Country Watch; Klein)
Total Exports and Imports
The total exports and imports for 2002 were U.S. $37,887 million and U.S. $47,486 respectively (Estimated), showing a trade balance of U.S. $ -9,599 million. The trade imbalance has increased since 2000 when it was U.S. $ -5,984 million. ("Trade Balance"-Country Watch)
Balance of Payments
The current account balance...
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