The Israeli Economy
International Perspective
A comparison of recent
economic developments in
Israel and the developed
world, 2009-2012.
Ministry of Finance
January 2013
*Based on the available data. In the absence of data for the Euro Area, OECD data are presented.
GDP Growth Rate
2009-2012
The cumulative GDP growth rate, in real terms.
Source: OECD.
2
GDP Per Capita Growth Rate
2009-2012
The cumulative GDP per capita growth rate, in real terms.
Source: IMF, calculated by the MoF Economics and Research Department.
3
Investments’ Growth Rate
2009-2012
The cumulative fixed capital formation growth rate, in real terms.
Source: OECD.
4
Changes in the Debt to GDP Ratio
2009-2012
Percentage points change in the debt to GDP ratio.
Source: OECD.
5
S&P Credit Rating
Israel and select OECD countries 2010-2012
Country
Current Rating
Rating Change
Austria 1
AA+
Belgium 1
AA
France 1
AA+
Germany 0
AAA
Greece 12
CC
Ireland 4
BBB+
Israel +
A+
Italy 3
BBB+
Japan 1
A
The Netherlands -1
AAA
Portugal 5
BB
Spain 5
BBB+
Sweden 0
AAA
United Kingdom -1
AAA
An orange arrow
represents a negative
outlook.
United States 1
AA+
Source: S&P
=
An arrow represents
upgrading (green) or
downgrading (red)
by one notch.
The numbers listed
next to the country
names represent the
difference in notches
=
6
The Israeli Labor Force
International Comparison
*Based on the available data. In the absence of data for the Euro Area, data are presented the OECD.
Change in the number of employees
2009-2012
The rate of change in the number of employees, ages 15+
Source: OECD
8
The Unemployment Rate
2008-2012
Israel
*Last available data for 2012.
Source: Eurostat, OECD, CBS
Euro Area
9
Inequality in Israel
2007-2011
Gini index for income inequality.
Source: The Israeli National Insurance Institute.
11
Youth Unemployment
2012
Ages 15-24.
Source: OECD.
12
Changes in Youth Unemployment
2009-2012
Percentage points Changes, ages 15-24.
Source: OECD.
13
Changes in The Participation Rate
2008-2012
Percentage points changes in participation rate, ages 25-64.
Source: OECD.
14
Participation Rate
2008-2012
85%
80%
75%
70%
65%
Germany Canada
United Japan
Kingdom
Participation rate, ages 25-64.
Source: OECD.
Israel
Australia France
Euro
Area
United
States
Italy
15