The population of
Israel is 8.6 million. Land area is 8.522 square miles. The population is 74.2% Jewish, 17.8% Muslim, 2.0%
Christian, and 1.6% Druze, Other 4.4%.
Nominal GDP is $390.7 billion. Nominal Per
Capita GDP is $43,199. GDP by sector is agriculture 2.3%, industry 26.6%,
services 69.5%.
Labor force is 4 million. Labor force by
occupation is agriculture 1.1%, industry 17.3%, services 81.6%.
Unemployment is 3.1%. Inflation is 0.2%.
Poverty is 21% mostly elderly.
Main industries include aviation,
communications, telecom equipment, computer hardware and software, aerospace,
defense, medical devices, fiber optics, scientific instruments,
pharmaceuticals, potash, phosphates, metallurgy, chemicals, plastics, diamond
cutting, petroleum refining, textiles and financial services. Ease of doing
business 49th.
Exports in 2017 were $60.6 billion in cut
diamonds, refined petroleum, pharmaceuticals, machinery, equipment, medical
instruments, computer hardware and software, agricultural products, chemicals,
textiles and apparel sold to US 28.8%, UK 8.2%, Hong Kong 7%, China 5.4% and Belgium
4.5%.
Imports in 2017 were $66.76 billion in raw materials,
military equipment, motor vehicles, investment goods, rough diamonds, crude
petroleum, grain and consumer goods purchased from US 11.7%, China 9.5%,
Switzerland 8%, Germany 6.8%, UK 6.2%, Belgium 5.9%, Netherlands 4.2%, Turkey
4.2% and Italy 4%.
Government revenue $68.29 billion, spending
$75.65 billion. Debt to GDP 59.8%. External debt $112 billion. Reserves $115.8
billion.
Comments
Israel is a small, very
successful country that has been attacked by Islamic Terrorists since its
founding in 1948. Israel is smaller than New Hampshire with a GDP 6 times larger
than New Hampshire and a Per Capita GDP larger than the UK and 7 times larger
than its neighbors.
Norb Leahy, Dunwoody
GA Tea Party Leader
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