Israeli economy

The Economics of Atonement

By every conventional calculation, the Israeli economy should have been shattered by the October 7 massacre and the ensuing current war. Instead, Israel has emerged with remarkable economic strength.

GDP grows, investment surges

Israeli economy shows resilience ahead of Rosh Hashanah

Finance Ministry data released ahead of Rosh Hashanah 5787 show growth in Israel’s economy despite years of war and uncertainty, with foreign investment surging 78%, inflation falling and the shekel strengthening.

The real reason for calling a strike:

Shutting the economy won’t help the hostages

When did cutting off one’s own nose ever succeed in spiting his foe’s face? The answer is that the protest movement considers Netanyahu a greater enemy than Hamas. Opinion.

Orthodox Jewish Chamber of Commerce:

The aborted Histadrut strike was a move against Israeli workers

The Histadrut call for a strike was a serious misstep for the Israeli economy. It is disheartening to see unions, meant to be the bedrock of worker advocacy and economic stability, hijacked by their leadership to serve political agendas that jeopardize the very economy they are supposed to protect. Op-ed.

Negative outlook

Fitch downgrades Israel's credit rating

International credit ratings company Fitch downgrades Israel's credit rating to “A” from “A+” with a negative outlook. Accountant General: The Israeli economy will know how to deal with all the challenges we face.

'Don't abandon us,' say northern mayors

Heads of authorities in the north joined the fight to save local businesses and called on the government to include them in the government grants budget to prevent their collapse.

NYSE in blue & white

New York Stock Exchange colored in blue & white

Minister of Economy and Industry Nir Barkat closed trading in the NYSE amidst dozens of Israeli flags hanging in the main hall.

Fitch affirms Israel at 'A+'; outlook stable

'Israel's economy strong, stable, & resilient, whoever invests in Israel profits,' PM Netanyahu, Finance Min. Smotrich, stress in statement.

Your money or your life: The modern mugging of Israel

Muggers of Israel threaten "do what we say, even if it is againsts your best interests, or we will damage your economy etc." Op-ed

Netanyahu: Judicial reforms will strengthen Israel's economy

PM, Finance Minister reject warnings by Bank of Israel governor Israel's credit rating could be lowered in response to proposed reforms.

Netanyahu: Whoever invests in Israel will profit greatly

PM at Cabinet meeting lauds approval of 120 new medicines and treatments, success of Israeli economy under his leadership.

Israel ranked 4th in economic growth for 2022

The Economist ranked the US in the 20th spot among OECD nations.

Economist:

Interest rate move is testimony to strength of Israeli economy

Economist and mortgage consultant Be’eri Gurtler Har-Tuv speaks about the Bank of Israel interest rate increase and the Israeli economy.

The Israeli economy can remain strong amid Omicron uncertainty

The country must do everything in its power to keep its university campuses open and running. Opinion.

PA seeks to disconnect from Israeli economy

PA cabinet leader says the PA's policy seeks to sever ties with the "occupation" and with the Israeli economy.

'Israel's economy won't recover for another 4-5 years'

Expert gives gloomy prediction on Israel's ongoing recession, says economy will need 4-5 years to recover."

Israeli unemployment rate falls to lowest in decades

Despite global slowdown, Israeli unemployment rate falls below 5% for first time in decades.

Israel headed for a recession?

Israeli businesses take a hit in 2016, signaling possible recession as growth fails to meet expectations.

Return of the old Bibi?

Netanyahu calls for free market reforms

'In Israel we have excessive regulation, excessive bureaucracy and excessive legislation,' says prime minister.

End of the housing bubble?

Steady rise in price of housing has finally halted. But is this just a pause or the sign of a long term change?

Negative interest rates: Could Israel be next?

With deepening deflation despite soaring housing prices, will Israel be the next country to try extreme monetary policies?

Warning signs for Israeli hi-tech

Once vaunted Israeli hi-tech sector now faces decline, as there are not enough computer science graduates to sustain growth.

Israel has 2nd-highest income gap among OECD countries

Lack of competition exacerbating gap between rich and poor; Israel still one of the world's most stable and flourishing economies.

Analyst: Little Govt. Can Do to Spur Economic Growth

Because his coalition is so small, Binyamin Netanyahu's government doesn't have many options to promote the economy, said Moody's.

Chief Rabbi Issues Unprecedented Halakhic Ruling on Economy

Chief Rabbi Shlomo Amar issued Halakhic rulings aimed at preventing an economic crisis in Israel and narrowing the wealth gap.

Economic Envoy: Israel's Success is Based on its Employees

Eli Groner, Israel’s Economic Envoy in Washington, at AIPAC: Israel has created a culture of innovation and entrepreneurialism.

Interest Rate Raised to 3.0 Percent

Governor of Bank of Israel surprises the market, raises interest by 0.5 percent.

Consumer Confidence at 10 Year High, Despite Tension With US

The recent diplomatic spat with the United States has not affected Israeli consumer confidence, which is rising rapidly.

Egyptian Energy Ministry: No Deals with Israel

The Egyptian Energy Ministry has denied reports it is planning to include Israel in a project to create a regional electricity grid.

Israeli Stocks Beat the Market

A $1,000 investment in the S&P 500 in the US in 2000 would be worth $918 today. The same amount in Israel’s top index would have more than doubled.

Israel Becomes First to Raise Interest

Bank of Israel Governor Stanley Fischer announces 0.25% interest hike, making Israel the first to raise interest since global financial crisis hit.