CountryFacts.com > Israel > Economy
Google
CountryFacts.com
Top 10 Countries *
United States
China
Japan
India
Germany
France
United Kingdom
Italy
Russia
Brazil
* By Gross Domestic
   Market (2002)
Israel Economy
GDP:
purchasing power parity - $120.9 billion (2003 est.)
GDP - real growth rate:
1.3% (2003 est.)
GDP - per capita:
purchasing power parity - $19,800 (2003 est.)
GDP - composition by sector:
agriculture: 2.8%
industry: 37.7%
services: 59.5% (2003 est.)
Investment (gross fixed):
17.2% of GDP (2003)
Population below poverty line:
18% (2001 est.)
Household income or consumption by percentage share:
lowest 10%: 2.4%
highest 10%: 28.3% (1997)
Distribution of family income - Gini index:
35.5 (2001)
Inflation rate (consumer prices):
0.7% (2003 est.)
Labor force:
2.61 million (2003 est.)
Labor force - by occupation:
agriculture, forestry, and fishing 2.6%, manufacturing 20.2%, construction 7.5%, commerce 12.8%, transport, storage, and communications 6.2%, finance and business 13.1%, personal and other services 6.4%, public services 31.2% (1996)
Unemployment rate:
10.7% (2003 est.)
Budget:
revenues: $44.98 billion
expenditures: $51.07 billion, including capital expenditures of NA (2003)
Public debt:
108.6% of GDP (2003)
Industries:
high-technology projects (including aviation, communications, computer-aided design and manufactures, medical electronics), wood and paper products, potash and phosphates, food, beverages, and tobacco, caustic soda, cement, diamond cutting
Industrial production growth rate:
-0.6% (2003 est.)
Electricity - production:
42.24 billion kWh (2001)
Electricity - production by source:
fossil fuel: 99.9%
hydro: 0.1%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
37.82 billion kWh (2001)
Electricity - exports:
1.457 billion kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
80 bbl/day (2001 est.)
Oil - consumption:
260,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
1.92 million bbl (1 January 2002)
Natural gas - production:
10 million cu m (2001 est.)
Natural gas - consumption:
10 million cu m (2001 est.)
Natural gas - exports:
0 cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
20.81 billion cu m (1 January 2002)
Agriculture - products:
citrus, vegetables, cotton; beef, poultry, dairy products
Current account balance:
$-174 million (2003)
Exports:
$29.32 billion f.o.b. (2003 est.)
Exports - commodities:
machinery and equipment, software, cut diamonds, agricultural products, chemicals, textiles and apparel
Exports - partners:
US 37.3%, Belgium 5.3%, UK 4.1% (2003 est.)
Imports:
$32.27 billion f.o.b. (2003 est.)
Imports - commodities:
raw materials, military equipment, investment goods, rough diamonds, fuels, grain, consumer goods
Imports - partners:
US 19.7%, Belgium 7.8%, Germany 7.6%, UK 6.5%, Switzerland 6.4% (2003 est.)
Reserves of foreign exchange & gold:
$26.32 billion (2003)
Debt - external:
$70.97 billion (2003 est.)
Economic aid - recipient:
$662 million from US (2003 est.)
Currency:
new Israeli shekel (ILS); note - NIS is the currency abbreviation; ILS is the International Organization for Standarization (ISO) code for the NIS
Currency code:
ILS
Exchange rates:
new Israeli shekels per US dollar - 4.5541 (2003), 4.7378 (2002), 4.2057 (2001), 4.0773 (2000), 4.1397 (1999)
Copyright © 2017 Digital Properties, LLC All Rights Reserved.