(Bloomberg) Matthew A. Winkler - Israel's gross domestic product has been rising at an average annual rate of 3.69% since 2000, inflation has been 1.57%, and unemployment has fallen to 3.6%. The nation of 8.4 million people has outperformed European stalwarts since 2009. Israel's GDP growth of 69% since then is more than 17 times what Austria managed and almost three times what Switzerland mustered. Among the 36 developed economies that make up the OECD, Israel will be the 4th fastest growing (tied with Chile) this year with 3.6%, behind Slovakia, Poland and Slovenia.
2019-01-25 00:00:00Full ArticleBACK Visit the Daily Alert Archive