Transport, storage and communication activities contributed 15.6% to Israel’s gross value added (GVA) in 2022, followed by mining, manufacturing and utilities activities (13.8%), and wholesale, retail and hotels activities (10.8%). In nominal terms, the three sectors are forecast to grow by 7.0%, 7.2%, and 6.9%, respectively, in 2023.
Tel Aviv and Jerusalem accounted for 58.8% of the country’s GDP and 59.4% of Israel’s population in 2022.
The Tel Aviv 25 Index exhibited a volatile trend over last year. As of November 07, 2023, the index stood at 1,702.6, compared to 1,915.2 on November 07, 2022.
Tel Aviv and Jerusalem accounted for 58.8% of the country’s GDP and 59.4% of Israel’s population in 2022.
The Tel Aviv 25 Index exhibited a volatile trend over last year. As of November 07, 2023, the index stood at 1,702.6, compared to 1,915.2 on November 07, 2022.
Scope
- In July 2023, the country anticipated a plan of ILS433 billion ($128.9 billion) for 228 infrastructure projects during 2023-28.
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Table of Contents
- The Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: Israel’s performance in terms of its country risk analysis in comparison to the Middle East and North Africa and the world
- Exhibit 2: Performance overview (score: 0-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: Tel Aviv 25 Index, (November 2022 - November 2023)
- Exhibit 5: Key sectors contribution to the economy (2017 - 24f)
- Exhibit 6: FDI inflows, FDI outflows, FDI inward stock and FDI outward stock (2018 - 22)
- Exhibit 7: Greenfield FDI projects and net cross border M&As seller deals (2018 - 22)
- Exhibit 8: Key infrastructure indicators (2020)
- Exhibit 9: Real GDP and household consumption growth rate (2018 - 25f)
- Exhibit 10: Real GDP growth rate comparison (2022)
- Exhibit 11: Volume of exports and imports growth (2018 - 25f)
- Exhibit 12: Current account balance (2018 - 25f)
- Exhibit 13: Top three commodity exports, % of total exports (2018 - 22)
- Exhibit 14: Electrical machinery and equipment and parts thereof, % of world total (2022)
- Exhibit 15: Interest rates (November 2018 - November 2023)
- Exhibit 16: Exchange rate and inflation (2018 - 25f)
- Exhibit 17: Public finance (2018 - 25f)
- Exhibit 18: General government debt (2018 - 25f)
- Exhibit 19: Unemployment rate (2018 - 25f)
- Exhibit 20: Average annual wages (2018 - 25f)
- Exhibit 21: Labor cost index (2018 - 25f)
- Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025f)
- Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025f)
- Exhibit 24: Gender split (1995, 2005, 2015, 2025f)
- Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022)
- Exhibit 26: Number of patents granted per million population (2022)
- Exhibit 27: High-technology exports, % of manufactured exports (2021)
- Exhibit 28: Global freedom (scores) 2023
- Exhibit 29: Corruption perceptions index (rankings) (2022)
- Exhibit 30: Renewable energy, installed capacity (2018 - 22)
- Exhibit 31: CO2 emissions (2018 - 22)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- TERRA
- Herzog
- RAD
