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Israel [+]Compare [E]dit [H]istory

Aliases: Medinat Yisra'el, State of Israel, Yisra'el

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Object «Israel» has attributes

Attribute Value
Geography
Area 21,937 km²
Continent Asia
Land area 21,497 km²
Water area 440 km²
Land boundaries 1,065 km
Border countries
  • Egypt
  • Gaza Strip
  • Jordan
  • Lebanon
  • Syria
  • West Bank
Coastline 273 km
Mean elevation 508 m
Lowest point -431 m
Highest point 2,224 m
People
Population 8,675,475
Official languages
  • Hebrew
Religion Jewish
Government
Long country name State of Israel
Short country name Israel
Long local name Medinat Yisra'el
Short local name Yisra'el
Former name Add
Government type Parliamentary democracy
Capital Jerusalem
Economy
GDP (PPP) 317,100,000,000 USD
GDP (OER) 350,700,000,000 USD
GDP (real growth rate) 3.3 %
GDP - per capita (PPP) 36,400 USD
Gross national saving 23.6 % of GDP
Labor force 4,021,000
Unemployment rate 4.2 %
Population below poverty line 22 %
Budget revenues 93,110,000,000 USD
Budget expenditures 100,200,000,000 USD
Military expenditures 4.35 % of GDP
Taxes and other revenues 26.5 % of GDP
Budget surplus or deficit -2 % of GDP
Public debt 60.9 % of GDP
Inflation rate 0.2 %
Central bank discount rate 0.1 %
Commercial bank prime lending rate 3.5 %
Stock of narrow money 100,400,000,000 USD
Stock of broad money 100,400,000,000 USD
Stock of domestic credit 290,700,000,000 USD
Market value of publicly traded shares 243,900,000,000 USD
Current account balance 10,120,000,000 USD
Exports 58,670,000,000 USD
Imports 68,610,000,000 USD
Reserves of foreign exchange and gold 113,000,000,000 USD
External debt 88,660,000,000 USD
National currency new Israeli shekels
National currency (code) ILS
National currency (symbol)
National currency rate to USD 3.606

The State of Israel was declared in 1948, after Britain withdrew from its mandate of Palestine, the UN proposed partitioning the area into Arab and Jewish states, and Arab armies that rejected the UN plan were defeated. Israel was admitted as a member of the UN in 1949 and saw rapid population growth, primarily due to migration from Europe and the Middle East, over the following years. Israel fought wars against its Arab neighbors in 1967 and 1973, followed by peace treaties with Egypt in 1979 and Jordan in 1994. Israel and Palestinian officials signed a number of interim agreements in the 1990s that created an interim period of Palestinian self-rule in the West Bank and Gaza Strip, which Israel occupied in 1967. The most recent effort to negotiate final status issues took place in 2013-2014. Immigration to Israel continues, with 28,600 new immigrants, mostly Jewish, in 2016. The Israeli economy has undergone a dramatic transformation in the last 25 years, led by cutting-edge, high-tech sectors. Offshore gas discoveries in the Mediterranean, most notably in the Tamar and Leviathan gas fields, place Israel at the center of a potential regional natural gas market. However, longer-term structural issues such as low labor force participation among minority populations, low workforce productivity, high costs for housing and consumer staples, and a lack of competition, remain a concern for many Israelis and an important consideration for Israeli politicians. Prime Minister Benjamin NETANYAHU has led the Israeli Government since 2009; he formed the current center-right coalition following the 2015 elections, but must hold legislative elections no later than November 2019.

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There was one edit, no edits waiting approval. Last edited by jmcdermott(9391), Sep 16, 2019 (63 fields were changed)
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