Israeli Economy Outperformed OECD Nations in 2016

(Israel Hayom) Zeev Klein - The Israeli economy grew by 4% in 2016, double the U.S. growth rate and 2.3 times higher than the average growth among Organization for Economic Cooperation and Development members, the Bank of Israel said Wednesday. Israel had a record $12.4 billion surplus in its current account balance of payments; unemployment dropped to 4.8%; and public debt dropped to an all-time low of 62.8% of GDP.


2017-03-31 00:00:00

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