Core Consumer Prices in Israel increased to 101.10 points in March from 100.60 points in February of 2020. Core Consumer Prices in Israel averaged 95.83 points from 2007 until 2020, reaching an all time high of 101.70 points in May of 2019 and a record low of 82.64 points in February of 2007. This page provides - Israel Core Consumer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Export Prices in Israel decreased to 99.70 points in the fourth quarter of 2019 from 100.50 points in the third quarter of 2019. Export Prices in Israel averaged 89.51 points from 1995 until 2019, reaching an all time high of 116.70 points in the first quarter of 2014 and a record low of 66.90 points in the second quarter of 2002. In Israel, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates. This page provides the latest reported value for - Israel Export Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M1 in Israel decreased to 431512 ILS Million in February from 434271 ILS Million in January of 2020. Money Supply M1 in Israel averaged 78298.42 ILS Million from 1981 until 2020, reaching an all time high of 434271 ILS Million in January of 2020 and a record low of 8 ILS Million in April of 1981. This page provides - Israel Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Israel decreased to 3820.80 USD Million in March from 4517.60 USD Million in February of 2020. Exports in Israel averaged 1595.43 USD Million from 1959 until 2020, reaching an all time high of 5848.30 USD Million in March of 2011 and a record low of 10.80 USD Million in July of 1959. In Israel, exports account for around 40 percent of GDP. Israel main exports are: cut and uncut diamonds, pearls and other precious metals and stones (33 percent of total exports); electrical machinery and equipment, mechanical machinery and appliances, sound and TV recorders and reproducers and computer equipment (22 percent) and chemical products (11 percent). Main export partners are: United States (28 percent of total exports) and Hong Kong (8 percent). Others include: Belgium, United Kingdom, India and China. This page provides - Israel Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Israel increased to 1188688 ILS Million in November from 1187493 ILS Million in October of 2019. Money Supply M3 in Israel averaged 506065.02 ILS Million from 1992 until 2019, reaching an all time high of 1188688 ILS Million in November of 2019 and a record low of 48174 ILS Million in January of 1992. Israel Money Supply M3 includes M2 plus long-term time deposits in banks. This page provides - Israel Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Israel decreased to 138.97 Thousand in the first quarter of 2020 from 156.12 Thousand in the fourth quarter of 2019. Unemployed Persons in Israel averaged 204.39 Thousand from 1991 until 2020, reaching an all time high of 305.40 Thousand in the third quarter of 2003 and a record low of 126.80 Thousand in the second quarter of 1996. In Israel, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - Israel Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Israel increased to 103426.80 USD Million in the fourth quarter of 2019 from 98329.20 USD Million in the third quarter of 2019. External Debt in Israel averaged 62439.32 USD Million from 1980 until 2019, reaching an all time high of 115301 USD Million in the second quarter of 2011 and a record low of 18963 USD Million in the first quarter of 1980. In Israel, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Israel External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Israel increased to 6329.20 ILS Million in the third quarter of 2019 from 4072.90 ILS Million in the second quarter of 2019. GDP From Utilities in Israel averaged 4109.79 ILS Million from 2000 until 2019, reaching an all time high of 6673.40 ILS Million in the third quarter of 2010 and a record low of 2282.70 ILS Million in the second quarter of 2000. Gdp From Utilities includes Electricity and Water Supply, Sewerage, Waste Management. This page provides - Israel Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Home Ownership Rate in Israel remained unchanged at 66.50 percent in 2017 from 66.50 percent in 2017. This page provides - Israel Home Ownership Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross National Product in Israel increased to 364381.80 ILS Million in the fourth quarter of 2019 from 359110.70 ILS Million in the third quarter of 2019. Gross National Product in Israel averaged 195046.65 ILS Million from 1995 until 2019, reaching an all time high of 364381.80 ILS Million in the fourth quarter of 2019 and a record low of 69455.30 ILS Million in the first quarter of 1995. This page provides - Israel Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terms of Trade in Israel decreased to 96.89 points in the fourth quarter of 2019 from 98.05 points in the third quarter of 2019. Terms of Trade in Israel averaged 100.63 points from 1995 until 2019, reaching an all time high of 120.76 points in the first quarter of 2016 and a record low of 87.22 points in the fourth quarter of 2011. In Israel, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods. This page provides - Israel Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel scored 76.74 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Israel averaged 21.51 Points from 2007 until 2019, reaching an all time high of 76.74 Points in 2019 and a record low of 4.79 Points in 2010. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Israel Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Israel expanded 3.70 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Israel averaged 3.73 percent from 1996 until 2019, reaching an all time high of 10.60 percent in the third quarter of 2000 and a record low of -3.20 percent in the fourth quarter of 2001. Israel is the most technologically advanced and developed market economy in the Middle East. The biggest sector of the economy is services, accounting for nearly 80 percent of GDP. Within services, the most important are finance and business (28 percent of GDP); government (17 percent of GDP); housing (12 percent of GDP); trade, accommodation and restaurants (10 percent of GDP); and transport, storage and communications (8 percent of GDP). Manufacturing sector has been losing importance in recent years and now accounts for 14 percent of GDP. This page provides the latest reported value for - Israel GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Constant Prices in Israel increased to 340713.90 ILS Million in the fourth quarter of 2019 from 337226.80 ILS Million in the third quarter of 2019. GDP Constant Prices in Israel averaged 226835.45 ILS Million from 1995 until 2019, reaching an all time high of 340713.90 ILS Million in the fourth quarter of 2019 and a record low of 136916.40 ILS Million in the first quarter of 1995. This page provides - Israel GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Israel stands at 12 percent. Social Security Rate For Employees in Israel averaged 11.41 percent from 2000 until 2019, reaching an all time high of 12 percent in 2006 and a record low of 9.70 percent in 2001. In Israel, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Employees are an important source of income for the government of Israel because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Israel Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Economic Optimism Index in Israel increased to 137.50 points in February from 137.20 points in January of 2020. Economic Optimism Index in Israel averaged 63.33 points from 1975 until 2020, reaching an all time high of 137.50 points in February of 2020 and a record low of 21.70 points in July of 1976. In Israel, the Composite State-of-the-Economy Index shows the direction in which the economy is moving. The index is computed from monthly changes in manufacturing production; imports of consumer goods; imports of production inputs; trade and services revenue; the number of employee posts in the business sector; exports of goods (excluding agriculture, fuel, diamonds, and ships and aircraft), exports of services (tourism, computer and know-how, communications, insurance, and other business services) and housing starts. This page provides the latest reported value for - Israel Economic Optimism Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing Production in Israel increased 15.40 percent in February of 2020 over the same month in the previous year. Manufacturing Production in Israel averaged 3.35 percent from 2005 until 2020, reaching an all time high of 34.20 percent in October of 2006 and a record low of -18.50 percent in October of 2016. This page provides - Israel Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in Israel increased to 37799.30 ILS Million in the third quarter of 2019 from 35545.30 ILS Million in the second quarter of 2019. GDP From Services in Israel averaged 23685.27 ILS Million from 2000 until 2019, reaching an all time high of 37799.30 ILS Million in the third quarter of 2019 and a record low of 12916 ILS Million in the fourth quarter of 2002. Gdp From Services in Israel includes Arts, Entertainment and Recreation, Other Service Activities. This page provides - Israel Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Israel stands at 50 percent. Personal Income Tax Rate in Israel averaged 48.50 percent from 2004 until 2019, reaching an all time high of 50 percent in 2013 and a record low of 45 percent in 2010. In Israel, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Israel. This page provides - Israel Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Israel decreased to 19042.10 ILS Million in the third quarter of 2019 from 19251.30 ILS Million in the second quarter of 2019. GDP From Construction in Israel averaged 12719.60 ILS Million from 2000 until 2019, reaching an all time high of 19658 ILS Million in the fourth quarter of 2018 and a record low of 8445.70 ILS Million in the first quarter of 2005. This page provides - Israel Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel recorded a capital and financial account surplus of 4265.10 USD Million in the fourth quarter of 2019. Capital Flows in Israel averaged 898.40 USD Million from 1980 until 2019, reaching an all time high of 8287.10 USD Million in the fourth quarter of 2013 and a record low of -3525.60 USD Million in the first quarter of 1999. In Israel, international capital flows are measured using the Capital and Financial Account Balance of the Balance of Payments. This page provides - Israel Capital Flows - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Israel increased to 39226.10 ILS Million in the third quarter of 2019 from 38194.80 ILS Million in the second quarter of 2019. GDP From Manufacturing in Israel averaged 34507.92 ILS Million from 2000 until 2019, reaching an all time high of 40497 ILS Million in the fourth quarter of 2015 and a record low of 26337.60 ILS Million in the first quarter of 2002. Manufacturing, Excluding Diamonds, Mining and Quarrying. This page provides - Israel Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Israel increased to 46982.80 ILS Million in the fourth quarter of 2019 from 45640 ILS Million in the third quarter of 2019. GDP From Public Administration in Israel averaged 35807.61 ILS Million from 1995 until 2019, reaching an all time high of 48104.60 ILS Million in the first quarter of 2019 and a record low of 26984.80 ILS Million in the third quarter of 1995. This page provides - Israel Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Credit in Israel increased to 576.49 ILS Billion in December from 573.47 ILS Billion in November of 2019. Consumer Credit in Israel averaged 249.27 ILS Billion from 1992 until 2019, reaching an all time high of 576.49 ILS Billion in December of 2019 and a record low of 29.96 ILS Billion in September of 1992. This page provides - Israel Consumer Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Deflator in Israel decreased to 104.59 points in the fourth quarter of 2019 from 105.52 points in the third quarter of 2019. GDP Deflator in Israel averaged 88.91 points from 1995 until 2019, reaching an all time high of 105.52 points in the third quarter of 2019 and a record low of 61.25 points in the first quarter of 1995. This page provides - Israel GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Israel expanded 1.10 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Israel averaged 0.95 percent from 1980 until 2019, reaching an all time high of 4.30 percent in the second quarter of 1984 and a record low of -1.10 percent in the first quarter of 1986. The main driver of Israeli economy is science and technology sector. As such, despite limited natural resources, its manufacturing and agriculture sectors are highly developed. .The biggest sector of the economy is services, accounting for nearly 80 percent of GDP. Within services, the most important are finance and business (28 percent of GDP); government (17 percent of GDP); housing (12 percent of GDP); trade, accommodation and restaurants (10 percent of GDP); and transport, storage and communications (8 percent of GDP). Manufacturing sector has been losing importance in recent years and now accounts for 14 percent of GDP. This page provides - Israel GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Building Permits in Israel increased to 5098 in December from 4204 in November of 2019. Building Permits in Israel averaged 3656.59 from 1995 until 2019, reaching an all time high of 7578 in January of 1995 and a record low of 1436 in February of 2004. In Israel, building permits refer to the total building permits issued by private construction sector. This page provides - Israel Residential Building Permits- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in Israel increased to -8.54 points in February from -11.53 points in January of 2020. Consumer Confidence in Israel averaged -17.80 points from 2011 until 2020, reaching an all time high of -5.70 points in November of 2018 and a record low of -38.47 points in September of 2012. In Israel, the Consumer Confidence indicator measures the expectations that consumers have about changes in their household financial situation; the country´s general economic situation; unemployment levels and their household saving plans over the next 12 months. The indicator is an arithmetic mean, with equal weights, calculated from the combination of responses to 4 questions based on a sample of around 759 people, aged 21 and over. Consumer confidence is measured on a scale of -100 to 100, where -100 indicates an extreme lack of confidence, 0 neutrality and 100 extreme confidence. This page provides - Israel Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Israel increased to 91.40 points in March from 91.10 points in February of 2020. Producer Prices in Israel averaged 71.52 points from 1990 until 2020, reaching an all time high of 102.90 points in September of 2012 and a record low of 26.92 points in January of 1990. In Israel, the Wholesale Prices Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Israel Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel recorded a trade deficit of 2148.10 USD Million in March of 2020. Balance of Trade in Israel averaged -513.76 USD Million from 1959 until 2020, reaching an all time high of 113.80 USD Million in May of 2009 and a record low of -3085.80 USD Million in December of 2019. Israel has been recording trade deficits since 1959 mostly due to a lack of natural resources. Indeed, Israel major imports are: oil and other mineral fuels and uncut diamonds. Main exports are: cut diamonds, pearls and other precious metals and stones; electrical machinery and equipment, mechanical machinery and appliances and electronics. Israel´s main trading partner is the United States (28 percent of total exports and 12 percent of imports). Others include: Hong Kong, China, Belgium, Netherlands, Germany and United Kingdom. This page provides - Israel Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Israel stands at 7.60 percent. Social Security Rate For Companies in Israel averaged 6.69 percent from 2010 until 2019, reaching an all time high of 8 percent in 2018 and a record low of 5.40 percent in 2010. In Israel, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Companies are an important source of income for the government of Israel because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Israel Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Israel was estimated at 9.2 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Israel had a population of 2.1 million people. The population of Israel represents 0.11 percent of the world´s total population which arguably means that one person in every 899 people on the planet is a resident of Israel. This page provides - Israel Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel is ranked 35 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Israel improved to 35 in 2019 from 49 in 2018. Ease of Doing Business in Israel averaged 40.08 from 2008 until 2019, reaching an all time high of 54 in 2017 and a record low of 29 in 2009. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Israel.

Consumer Spending in Israel increased to 191494.30 ILS Million in the fourth quarter of 2019 from 187179.70 ILS Million in the third quarter of 2019. Consumer Spending in Israel averaged 122508.17 ILS Million from 1995 until 2019, reaching an all time high of 191494.30 ILS Million in the fourth quarter of 2019 and a record low of 70200.40 ILS Million in the first quarter of 1995. This page provides - Israel Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Israel decreased to 4.53 in 2018 from 4.58 in 2017. Terrorism Index in Israel averaged 5.56 from 2002 until 2018, reaching an all time high of 6.86 in 2002 and a record low of 4.53 in 2018. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Government Spending in Israel increased to 76992.80 ILS Million in the fourth quarter of 2019 from 76975 ILS Million in the third quarter of 2019. Government Spending in Israel averaged 54626.57 ILS Million from 1995 until 2019, reaching an all time high of 76992.80 ILS Million in the fourth quarter of 2019 and a record low of 41090.20 ILS Million in the first quarter of 1996. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Israel Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Israel decreased to 0.50 Thousand in April from 80.70 Thousand in March of 2020. Tourist Arrivals in Israel averaged 191.38 Thousand from 1991 until 2020, reaching an all time high of 485.70 Thousand in October of 2018 and a record low of 0.50 Thousand in April of 2020. This page provides - Israel Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The TA-100 decreased 212 points or 13.09% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Israel. Historically, the Israel Stock Market (TA-100) reached an all time high of 1684.78 in January of 2020. The Tel Aviv 100 Index is a major stock market index which tracks the performance of 100 companies with highest market capitalization listed on the Tel Aviv Stock Exchange. It is a capitalization-weighted, total return index. The TA-100 has a base value of 100 as of December 31, 1991.

Leading Economic Index Israel increased 0.26 percent in February of 2020 over the same month in the previous year. Leading Economic Index in Israel averaged 0.35 percent from 1975 until 2020, reaching an all time high of 1.11 percent in May of 1991 and a record low of -0.65 percent in February of 1980. In Israel, the Composite State-of-the-Economy Index is a synthetic indicator examining the direction in which real economic activity is moving in a real time. It is calculated based on 10 different components: industrial production index, trade revenue, services revenue, imports of consumer products, imports of manufacturing inputs, export of goods, export of services, number of employee posts in the private sector, rate of vacant employee positions and the number of building starts. The index has a base value of 100 as of 2011. This page provides - Israel Leading Composite Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retirement Age Men in Israel increased to 68.33 in 2018 from 68 in 2017. Retirement Age Men in Israel averaged 67.33 from 2009 until 2018, reaching an all time high of 68.33 in 2018 and a record low of 67 in 2010. This page provides - Israel Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Israel was worth 375 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Israel represents 0.31 percent of the world economy. GDP in Israel averaged 100.87 USD Billion from 1960 until 2019, reaching an all time high of 375 USD Billion in 2019 and a record low of 2.51 USD Billion in 1962. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Israel GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Israel decreased to 62.90 percent in February from 63 percent in January of 2020. Labor Force Participation Rate in Israel averaged 63.87 percent from 2012 until 2020, reaching an all time high of 64.70 percent in June of 2014 and a record low of 62.10 percent in February of 2012. This page provides - Israel Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Israel increased to 3447.20 ILS Million in the third quarter of 2019 from 3388.40 ILS Million in the second quarter of 2019. GDP From Agriculture in Israel averaged 3474.39 ILS Million from 2000 until 2019, reaching an all time high of 4629.10 ILS Million in the second quarter of 2011 and a record low of 1756.10 ILS Million in the third quarter of 2000. Gdp From Agriculture includes Agriculture, Forestry and Fishing industries. This page provides - Israel Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Israel increased to 133539 USD Million in April from 125945 USD Million in March of 2020. Foreign Exchange Reserves in Israel averaged 50251.91 USD Million from 1995 until 2020, reaching an all time high of 133539 USD Million in April of 2020 and a record low of 7655.80 USD Million in January of 1995. In Israel, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides the latest reported value for - Israel Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Israel is the 20 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Israel averaged 22.62 from 2007 until 2019, reaching an all time high of 27 in 2010 and a record low of 14 in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Israel Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retirement Age Women in Israel increased to 63.33 in 2018 from 63 in 2017. Retirement Age Women in Israel averaged 62.33 from 2009 until 2018, reaching an all time high of 63.33 in 2018 and a record low of 62 in 2010. This page provides - Israel Retirement Age Women - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Israel stands at 17 percent. Sales Tax Rate in Israel averaged 16.73 percent from 2006 until 2020, reaching an all time high of 18 percent in 2013 and a record low of 15.50 percent in 2007. In Israel, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Israel. This page provides - Israel Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Israel stands at 19.60 percent. Social Security Rate in Israel averaged 15.02 percent from 2000 until 2019, reaching an all time high of 20 percent in 2018 and a record low of 9.70 percent in 2001. In Israel, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Israel because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Israel Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel recorded a Current Account surplus of 3455.20 USD Million in the fourth quarter of 2019. Current Account in Israel averaged 427.20 USD Million from 1975 until 2019, reaching an all time high of 4385.90 USD Million in the third quarter of 2015 and a record low of -1750.20 USD Million in the second quarter of 1994. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Israel Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government spending in Israel was last recorded at 40.3 percent of GDP in 2018 . Government Spending To GDP in Israel averaged 45.04 percent from 1995 until 2018, reaching an all time high of 51.67 percent in 1998 and a record low of 39.50 percent in 2017. This page provides - Israel Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.