Daily Israel Report
16:12
Reported

News Brief

  3/8/2012, Adar 14, 5772

Economy Grew 4.7 Percent in 2011


Israel's Gross Domestic Product (GDP) rose by 4.7 percent in 2011, according to figures released, Thursday, by the Central Bureau of Statistics. The GDP rose 4.8 percent in 2010. Per capita GDP growith was also down a tenth of a percent at 2.8 percent. Private consumption rose 3.6 percent, while public consumption rose 3.7 percent.

Resources available to the economy rose 6.2 percent, following a 6.7-percent rise the year before. Investments in fixed assest rose 16.2 percent, Exports of goods and services rose 4.9 percent while imports were 10.6 percent higher. Gross domestic income rose 3.4 percent.