Israel gdp per capita

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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.

Israel gdp per capita

Additional Information. The values have been rounded to provide a better understanding of the statistic. Government expenditure on education in Israel Skip to main content. The gross domestic product per capita in Israel was forecast to continuously increase between and by in total 8, U. After the fifth consecutive increasing year, the GDP per capita is estimated to reach 61, This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period here a year.

Retrieved 8 September Population below poverty line.

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.

This website stores cookies on your computer. These cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our Cookies Policy. A single cookie will be used in your browser to remember your preference not to be tracked. The data reached an all-time high of 54, The Bank of Israel average market exchange rate is used for currency conversions. Israel Nominal GDP reached Its GDP deflator implicit price deflator increased 4. Gross Savings Rate of Israel was measured at

Israel gdp per capita

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. Such fluctuations change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. GDP per capita is often considered an indicator of a country's standard of living ; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Comparisons of national income are also frequently made on the basis of purchasing power parity PPP , to adjust for differences in the cost of living in different countries.

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Archived from the original on 26 March Embed code Use this code to embed the country dashboard into your website. Find all indicators on Development. Retrieved 24 March Find all indicators on Agriculture. Register for free. Israel also has a small but fast growing hedge fund industry. These developments have allowed the country to create a high concentration of high-tech companies across the country's regions. Retrieved 5 February Wikimedia Commons. Outline Index. Supplementary notes. Foreign reserves. Nutrient balance Indicator. Use this code to embed the country dashboard into your website.

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Gross external debt. Health spending Indicator. Credit rating. Road accidents Indicator. Already have an account? The economy of Israel is a highly developed free-market economy. Archived from the original on 7 June By , the number of factories had grown to , with a workforce of 5,, and output increased tenfold. Contents move to sidebar hide. GDP from Utilities. Bloomberg Businessweek. In the company had an order backlog of