Israel's economy: 2007 performance

Straight From the Jerusalem Boardroom #121, January 04, 2008

1.  2007 Performance:

 

*International Monetary Fund Israel Report: “The performance of Israel’s economy during 2007 was exceptionally positive.” (The Marker, Dec. 11, 2007).

 

*The London Economist’s 2007 Directory: Israel’s GDP - $172BN, compared with $150BN – 2006, $132BN – 2005, $122BN – 2004, $120BN – 2003, $105BN – 2002 and $114BN – 2001. 

GDP per capita - $23,000, compared with $20,000 in 2006 and $18,680 in 2005.

 

*GDP growth – 5.3%, which is similar to the previous three years, compared with a 2.7% growth rate for the OECD.

Israel - the top foreign source of deal-flow in the US

Straight From the Jerusalem Boardroom #120, December 07, 2007

In spite of the 2006 Lebanese War, in defiance of sustained Palestinian terrorism, irrespective of no progress in the "peace process" and independent of Israel's political uncertainty:

 

1. Israel is ranked as the top foreign source of deal-flow, ahead of Canada, China and India, by US VC funds managers. The survey, conducted by Delloite Touche, has also ranked Israel as the second (to Canada) most attractive source of entrepreneurs. 46% of US VC funds invest abroad (The Marker, Dec. 6, 2007).

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