Israeli economy grows by 4.8 percent in 2011

Israel's gross domestic product rose by 4.8 percent in 2011, according to an initial round-up of figures by the Central Bureau of Statistics published on Thursday. The number follow a similar rise in 2010, and a rise of 0.8% in 2009, the year of emergence from recession.
The Central Bureau of Statistics also reported that in the third quarter of 2011, GDP grew at an annual rate of 3.5%, which represents a slowdown in comparison with the 3.7% growth rate recorded in the second quarter and 4.8% in the first.
Israel's population grew by 1.9% this year, and GDP per capita rose 2.9%- figures similar to those for 2010. GDP per capita this year was just above NIS 111,000.
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy