Israel FlagIsrael

You Always Learn Something Even If You Don't Know It.

 

General


Population: 7,821,850 (2014), 7,707,042 (2013)
Land Area: 20,770 sq km
Natural Resources: Timber, potash, copper ore, natural gas, phosphate rock, magnesium bromide, clays, sand
Capital: Jerusalem
Political System: Parliamentary Democracy
State Leader: Shimon Peres (July 15th 2007)
Head of Government: Benjamin Netanyahu (March 31st 2009)
Languages: Hebrew, Arabic, English
Currency: New Isreali Shekel (ILS)
Major Religions: Jewish 76.4%, Muslim 16%, Arab Christian 1.7%, Other Christian 0.4%, Druze 1.6%, Unspecified 3.9%
Major Ethnicities: Jewish 76.4%, Non-Jewish 23.6%
Life Expectancy: 81.28 years (2014), 81.17 years (2013)

Economy


GDP Official Exchange Rate: 272.7 billion (2013), 246.8 billion (2012)
GDP Purchasing Power Parity: 273.2 billion (2013), 247.9 billion (2012)
GDP Per Capita (PPP): 36,200 (2013), 32,200 (2012)
GDP Growth Rate: 3.3% (2013), 2.9% (2012)
GDP Structure: Agriculture 2.4%, Industry 31.2%, Services 66.4% (2013)
Labour Force By Occupation: Agriculture 1.6%, Industry 18.1%, Services 80.3% (2012)
Industries: High-technology projects, wood and paper products, potash and phosphates, food, beverages, and tobacco, caustic soda, cement, construction, metals products, chemical products, plastics, diamond cuting, textiles, footwear
Agriculture Products: Citrus, vegetables, cotton; beef, poultry, dairy products
Human Development Index: 0.888 (19 th)(2014), 0.900 (16th)(2013)
Tourism Revenue: 2.819 billion (2004)
Unemployment Rate: 5.8% (2013)

MilitaryIsrael Map


Army Size: 168 300 (2004)
Budget: 7.3% of GDP (2006)

Current Situation

 

Israel is located in the Middle East. Israel is bordered by Egypt, Jordan, Lebanon, Palestine and Syria. Israel's economy is very advanced it is agriculturally self-sufficient, it's industrial sector is very strong, with many high-tech companies and many large multinationals have plants in Israel. Israel is one of the richest countries in the Middle East in terms of GDP per capita. Israel is currently involved in a conflict in the Gaza Strip section of Palestine. As of July 2010 the conflict in Gaza as ended however tensions remain with Palestine, and with some of the region's countries.

(2014) Israel's economic growth remains relatively high for an advanced economy, however it remains to be seen what the economic impact will be of the conflict with the Gaza Strip that began in July 2014.

Thoughts & Comments

 

Sources

CIA World Factbook: Israel
The Economist: The World In 2014
Wikipedia: Israel
http://hdrstats.undp.org/en/countries/profiles/ISR.html

Updated on: September 22nd, 2014