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IIF ISRAEL INVESTMENT FORUM
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Israel’s economy has been steadily growing, with only mild slowdowns during the years of global crisis.This is thanks to a disciplined monetary policy by Israel’s central bank, and proactive decisions by its Finance Ministry.
While other countries struggled with increasing debt, Israel managed to cut its public debt seven years in a row. By 2016, it reached 62.1% of the GDP – well below the average of 108.6% for all developed countries.
In 2016, Bloomberg rated Israel 3rd in the world for economic stability, surpassed only by Hong Kong and South Korea.
Israelis are encouraged to draw on their different backgrounds for new, unheard-of ideas. It’s a culture of individual initiative that creates opportunities for all Israeli citizens – Jewish or Arab, rich or poor, Western or Oriental – to improve their economic status.