Israel: Travel tips, articles, photos, gallery, cities database, population, pics, flags, statistics, free maps online

Back to Countries, Click to read the whole article: Israel

Introduction - Israel:
Location - Israel:
People - Israel:
Government - Israel:
Economy - Israel:

Economy overview

Israel has a technologically advanced market economy with substantial, though diminishing, government participation. It depends on imports of crude oil, grains, raw materials, and military equipment. Despite limited natural resources, Israel has intensively developed its agricultural and industrial sectors over the past 20 years. Israel imports substantial quantities of grain, but is largely self-sufficient in other agricultural products. Cut diamonds, high-technology equipment, and agricultural products (fruits and vegetables) are the leading exports. Israel usually posts sizable trade deficits, which are covered by large transfer payments from abroad and by foreign loans. Roughly half of the governments external debt is owed to the US, which is its major source of economic and military aid. The bitter Israeli-Palestinian conflict; difficulties in the high-technology, construction, and tourist sectors; and fiscal austerity in the face of growing inflation led to small declines in GDP in 2001 and 2002. The economy rebounded in 2003-05, growing at a 4% to 5.2% rate each year, as the government tightened fiscal policy and implemented structural reforms to boost competition and efficiency in the markets. The conflict with Lebanon in summer 2006 slightly dampened GDP growth, but continuing strong foreign investment, tax revenue, and private consumption levels helped the economy recover quickly.

Gdp purchasing power parity

$170.3 billion (2006 est.)

Gdp official exchange rate

$140.3 billion (2006 est.)

Gdp real growth rate

4.8% (2006 est.)

Gdp per capita ppp

$26,800 (2006 est.)

Gdp composition by sector

agriculture: 2.6%
industry: 30.8%
services: 66.6% (2006 est.)

Labor force

2.6 million (2006 est.)

Labor force by occupation

agriculture, forestry, and fishing 1.8%, manufacturing 15.7%, construction 5.3%, wholesale and retail trade 12.9%, transport, storage, and communications 6.3%, finance and business 16.9%, personal and other services 11.5%, public services 28.6% (1996)

Unemployment rate

8.3% (30 September 2006)

Population below poverty line

21.6% (2005)

Household income or consumption by percentage share

lowest 10%: 2.4%
highest 10%: 28.31% (2005)

Distribution of family income gini index

38.6 (2005)

Inflation rate consumer prices

-0.1% (2006)

Investment gross fixed

17.3% of GDP (2006 est.)


revenues: $48.4 billion
expenditures: $49.57 billion; including capital expenditures of $NA (2006 est.)

Public debt

89% of GDP (2006 est.)

Agriculture products

citrus, vegetables, cotton; beef, poultry, dairy products


high-technology projects (including aviation, communications, computer-aided design and manufactures, medical electronics, fiber optics), wood and paper products, potash and phosphates, food, beverages, and tobacco, caustic soda, cement, construction, metals products, chemical products, plastics, diamond cutting, textiles, footwear

Industrial production growth rate

8.6% (2006 est.)

Electricity production

46.07 billion kWh (2004)

Electricity consumption

41.38 billion kWh (2004)

Electricity exports

1.47 billion kWh (2004)

Electricity imports

0 kWh (2004)

Oil production

100 bbl/day (2006 est.)

Oil consumption

249,500 bbl/day (2006 est.)

Oil exports

NA bbl/day

Oil imports

NA bbl/day

Oil proved reserves

2 million bbl (1 January 2005)

Natural gas production

792 million cu m (2005 est.)

Natural gas consumption

792 million cu m (2005 est.)

Natural gas exports

0 cu m (2005 est.)

Natural gas imports

0 cu m (2005 est.)

Natural gas proved reserves

38.94 billion cu m (1 January 2005 est.)

Current account balance

$1.463 billion (2006 est.)


$42.86 billion f.o.b. (2006 est.)

Exports commodities

machinery and equipment, software, cut diamonds, agricultural products, chemicals, textiles and apparel

Exports partners

US 38.4%, Belgium 6.5%, Hong Kong 5.9% (2006)


$47.8 billion f.o.b. (2006 est.)

Imports commodities

raw materials, military equipment, investment goods, rough diamonds, fuels, grain, consumer goods

Imports partners

US 12.4%, Belgium 8.2%, Germany 6.7%, Switzerland 5.9%, UK 5.1%, China 5.1% (2006)

Reserves of foreign exchange and gold

$28.2 billion (2006 est.)

Debt external

$81.98 billion (30 June 2006 est.)

Economic aid recipient

$240 million from US (FY06)

Currency code

new Israeli shekel (ILS); note - NIS is the currency abbreviation; ILS is the International Organization for Standardization (ISO) code for the NIS

Exchange rates

new Israeli shekels per US dollar - 4.4565 (2006), 4.4877 (2005), 4.482 (2004), 4.5541 (2003), 4.7378 (2002)

Communications - Israel:
Transportation - Israel:
Military - Israel:
This page was last updated on 16 September, 2007
Source: CIA >>>

Map of country  Israel on-line :
All cities of country  Israel :
Biggest cities of country Israel :
Photo to article  Israel :

Free IQ test online

An Intelligence Quotient or IQ is a score derived from one of several different standardized tests attempting to measure intelligence. Although the term "IQ" is still in common use, the scoring of modern IQ tests such as the Wechsler Adult Intelligence Scale is now based on a projection of the subject's measured rank on the Gaussian bell curve with a center value (average IQ) of 100, and a standard deviation of 15, although different tests may have different standard deviations. The average IQ scores for many populations have been rising at an average rate of three points per decade since the early 20th century with most of the increase in the lower half of the IQ range: a phenomenon called the Flynn effect. It is disputed whether these changes in scores reflect real changes in intellectual abilities, or merely methodological problems with past or present testing. (Wikipedie)

IQ test lasts approximately 30 minutes and contains 40 questions !

In the IQ test you must focus on the maximum. Test questions are simple. In the IQ test may not use the calculator and paper.

Free IQ test online :

Banner on your page · Visitor's book · Besplatnye igry onlajn · Free games online · CZ Hry  · RoboStav
Copyright (c) 2021 by All Rights Reserved!

Photo: Israel

Photo: Israel

Photo: Israel

Photo: Israel

Photo: Israel

Photogallery (15)

Add photo...

Free IQ test

Games Online