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(Globes) Zeev Klein - Israel's GDP per capita is $17,900, the highest among the world's 43 emerging markets that have extensive commercial and investment relations with OECD-member countries. Israel's GDP per capita is 88% of the OECD average of $20,300, and increased by over 50% in the 1990s. The figures take into account the severe contraction in Israel's GDP per capita in the past two years, which has fallen by 10% since the outbreak of Palestinian violence in October 2000. Other factors contributing to the decline are the high-tech crisis and the U.S. economic slowdown that affected Israeli exports. Foreign investment in Israel in 1992-2002 was over $18 billion, more than Greece ($9.4 b.) and Turkey ($11.8 b.), but less than Hungary ($22 b.), Portugal ($24.3 b.), the Czech Republic ($26.8 b.), and Chile ($34.9 b.). 49% of foreign investment in Israel came from the U.S. and Canada, 27% from Europe, 6% from Far Eastern countries, and 18% from the rest of the world. 2002-11-29 00:00:00Full Article
Israel GDP Per Capita: $18,000
(Globes) Zeev Klein - Israel's GDP per capita is $17,900, the highest among the world's 43 emerging markets that have extensive commercial and investment relations with OECD-member countries. Israel's GDP per capita is 88% of the OECD average of $20,300, and increased by over 50% in the 1990s. The figures take into account the severe contraction in Israel's GDP per capita in the past two years, which has fallen by 10% since the outbreak of Palestinian violence in October 2000. Other factors contributing to the decline are the high-tech crisis and the U.S. economic slowdown that affected Israeli exports. Foreign investment in Israel in 1992-2002 was over $18 billion, more than Greece ($9.4 b.) and Turkey ($11.8 b.), but less than Hungary ($22 b.), Portugal ($24.3 b.), the Czech Republic ($26.8 b.), and Chile ($34.9 b.). 49% of foreign investment in Israel came from the U.S. and Canada, 27% from Europe, 6% from Far Eastern countries, and 18% from the rest of the world. 2002-11-29 00:00:00Full Article
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