The Israeli economy grew 3.3 percent in 2012, hitting its lowest level in a decade, the Israeli Central Bureau of Statistics said in an assessment Monday. According to latest data, the Israeli gross domestic product in 2012 stood at 250 million U.S. dollars, while per capita growth has fallen from 3.1 percent in 2010 to 1.5 percent in 2012. Compared with an 1.8-percent increase in population, the country's gross domestic product grew only by 1.5 percent in 2012, 1.2 percentage points lower than 2011. The figures also showed that in 2012 the private consumption increased by 2.8 percent, 1 percentage point lower than that of the previous year. To make things worse, Israel is expecting tax hikes and price increases in 2013. Water prices are slated to rise by 3.5 percent in 2013, while the municipal taxes, known as arnona, are set to rise by 2 percent.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor