Macro Economic Analysis of Isreal

 

The components of Israel Gross Domestic Product (GDP)

GDP has a major four-component- consumption, investment, government purchases, and net exports. Above this pie chart, investment has a large percentage whereas government purchases have a less percentage of expenditure. The total net export is calculated by subtracting total exports from the total imports.

Components	Amount (billions of $)		Per cent	Pie Chart Percent
CONSUMPTION	74.172		18.45%	15.70%
INVESTMENT	296.418		73.74%	62.90%
GOVERNMENT	46.9		11.66%	10%
IMPORT	-69		-17.17%	0%
EXPORT	53.46		13.30%	11.40%
TOTAL GDP	401.95		100%	100%

International Trade

Israel International Trade 

International Trade time series plot. This graph shows Israel export and import from 2008 to 2020.

Historical Growth on Gross Domestic Product (GDP)

Historical Growth on GDP of Israel 

This graph shows Israel yearly data of growth on GDP from 2001 to 2020.

References links:

• https://www.indexmundi.com/israel/gdp_composition_by_sector.html

• https://data.worldbank.org/country/IL
• https://data.worldbank.org/indicator/NE.CON.TOTL.CD?locations=IL
• https://tradingeconomics.com/israel/government-spending
• https://en.wikipedia.org/wiki/Economy_of_Israel
• https://knoema.com/atlas/Israel/GDP#:~:text=GDP%20of%20Israel%20increased%20from,average%20annual%20rate%20of%206.32%25.