The economy of Israel is a highly developed free-market economy. The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability with a full nuclear triad, modern infrastructure ri...
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Israel's economic output plummeted in the final three months of 2023, mainly driven by a large drop in private consumption.
Aside from macroeconomic indicators, the war has had a profound impact on specific sectors of Israel’s economy. The construction sector, for example, slowed down by nearly a third in the...
country’s economy. The agency also lowered Israel’s debt outlook to negative because of the risk of the war spreading to Israel’s northern front against the Lebanon-based Hizbollah...
As Israel’s genocidal war against Gaza continues unabated, the Israeli economy is facing a catastrophe. The physical destruction in Israel from the war has been minimal, but one thing has been dest...
gas economy has also suffered greatly. Two days after the Hamas-led incursion into southern Israel, the Israeli defence establishment ordered the temporary halting of extractions from the...
A depleted workforce. Constant rocket sirens. The lingering shock of an unexpected attack. The cost to Israel's economy of its war with Hamas militants will be unlike anything it has experienced in...
Among the fronts on which Israel has been fighting since October 7, there is one where it is clearly failing to meet the challenges it faces – the economy. This is a front that is no less of a threat to any on which Israel is fighting militarily. No country can function without an economy that is strong enough to support it, without a medical system, welfare system, education system, and any of the other necessary functions a state must provide for its citizens. And it cannot do so without a w...
The price of oil shot up and global markets fell in the wake of an unprecedented Hamas attack on Israeli civilians this weekend and retaliation from Israel in Gaza. Here's what to watch in the days...