Israel gdp per capita

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Israel gdp per capita

The economy of Israel is a highly developed free-market economy. The country's major economic sectors are high-technology and industrial manufacturing. The Israeli diamond industry is one of the world's centers for diamond cutting and polishing, amounting to Nonetheless, the country's nearly total reliance on energy imports may change in the future as recent discoveries of natural gas reserves off its coast and the Israeli solar energy industry have taken a leading role in Israel's energy sector. Israel's quality higher education and the establishment of a highly motivated and educated populace is largely responsible for ushering in the country's high technology boom and rapid economic development by regional standards. These developments have allowed the country to create a high concentration of high-tech companies across the country's regions. These companies are financially backed by a strong venture capital industry. In its early decades, the Israeli economy was largely state-controlled and shaped by social democratic ideas. In the s and s, the economy underwent a series of free-market reforms and was gradually liberalized. In , Israel became the first non-Latin-American country to sign a free trade agreement with the Mercosur trade bloc. The British Mandate for Palestine that came into effect in aimed at restricting land purchases by Jewish immigrants. For this reason, the Jewish population was initially more urban and had a higher share in industrial occupations.

Accessed March 07,

Country statistical profile. Projected growth rate: 4. Government debt: Use this code to embed the country dashboard into your website. The dashboard should have a minimum width of px to be displayed properly. Width: px Preview Embedding. Find all indicators on Agriculture.

Subscription Plans Features. Developer Docs Features. Already a user? App Store Google Play Twitter. Customers Investors Careers About us Contact. Israel GDP per capita. Summary Forecast Download. The Gross Domestic Product per capita in Israel was last recorded at GDP per Capita in Israel averaged GDP per Capita in Israel is expected to reach

Israel gdp per capita

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The Observatory of Economic Complexity. Cut diamonds as of []. GDP from Agriculture. In comparison, the same is 85 per 10, in the United States and 83 per 10, in Japan. Archived from the original on 9 May The reparations became a decisive part of Israel's income, comprising as high as Profit from additional features with an Employee Account. In the company sold 52, GWh of electricity. In , total nationwide electricity production was Please help update this article to reflect recent events or newly available information. Poverty rate Indicator. Retrieved 10 August In the s, Levi Yissar developed a solar water heater to help assuage an energy shortage in the new country. Retrieved 26 July Archived from the original PDF on 16 March

The figures presented here do not take into account differences in the cost of living in different countries, and the results vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.

The Israeli diamond industry is one of the world's centers for diamond cutting and polishing, amounting to After the fifth consecutive increasing year, the GDP per capita is estimated to reach 61, Gant Daily. Retrieved 28 January Features Questions? Two developments have helped to transform Israel's economy since the beginning of the s. View Business Solutions. Israel was financially overwhelmed and faced a deep economic crisis, which led to a policy of austerity from to Cambridge University Press. Retrieved 29 March Subscription required.