Israel at A Glance

Population(+9.5 million citizens)
Area22,070 kmĀ²
Capital
Tel Aviv
Geographical Location
On the eastern shore of the Mediterranean Sea
Government Structure
President: Isaac Herzog

Prime Minister: Benjamin Netanyahu
Currency
Israel Shekel (ILS)

Israel Economic Performance (Main Indicators)

GDP (Current) in 2022 ($ billion)522.03
GDP Growth in 2022 (% Annual)6.5
Average Exchange Rates (US Dollar to ILS) in 2022 (ILS)3.359
Average Exchange Rates (US Dollar to ILS) on July 31, 2023 (ILS)3.6645
Annual Inflation Rate (CPI) in 2022 (%)4.4
Annual Inflation Rate (CPI) in July 2023 (%)3.3
Total Reserves (Includes Gold, Current $) ($ billion) in 2022194.23
Foreign Exchange Reserves ($ million) in July 2023204.669
Current Account Balance in 2022 ($ billion)19.21
Net Trade in Goods and Services (BoP, Current $) in 2022 ($ billion )16.91
Merchandise Exports in 2022 ($ billion)73.59
FDI Net Inflows in 2022 (% of GDP)5.3
FDI, Net (BoP, Current $) in 2022 ($ billion)-18.52
Unemployment, Total (Modelled ILO Estimate) in 2022 (% of Total Labor Force)3.5