Economic Indicators - Israel Trade Commission, Sydney, Australia
Economic Indicators - Israel Trade Commission, Sydney, Australia
Economic Indicators - Israel Trade Commission, Sydney, Australia
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GDP Growth<br />
<strong>Israel</strong> compared to Advanced Economies*<br />
(Annual rate of change (%), in constant prices)<br />
5.6%<br />
5.1%<br />
4.9%<br />
5.7%<br />
5.3%<br />
4.6%<br />
4.2%<br />
3.6%<br />
2.6%<br />
3.2%<br />
2.7%<br />
3.0%<br />
2.7%<br />
1.9%<br />
1.6%<br />
1.5%<br />
0.8%<br />
0.5%<br />
0.2%<br />
-0.5%<br />
-1.5%<br />
-2.5%<br />
2003 2004 2005 2006 2007 2008 2009<br />
Since 2004, <strong>Israel</strong>’s growth rate has exceeded the average growth rate of advanced<br />
economies.<br />
In 2009, as most of the world experienced a decline in GDP, <strong>Israel</strong><br />
experienced a 0.8% growth in it’s GDP<br />
-3.5%<br />
Advanced Economies *<br />
<strong>Israel</strong> Growth<br />
-3.2%<br />
CONTINUE<br />
Source: Ministry of Finance
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