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Source: http://www.jpost.com/NationalNews/Article.aspx?id=251444
Israeli Economy Expanded 4.8 Percent in 2011
(Jerusalem Post) Nadav Shemer - The Israeli economy grew 4.8% in 2011 despite a gradual slowdown as the year wore on, according to a preliminary report released Thursday by the Central Bureau of Statistics. Most advanced economies are forecast by the International Monetary Fund to grow an average 1.6% this year. Exports advanced 4.5% in 2011, after gaining 13.4% in 2010. Investment in fixed capital climbed almost 16%.