COUNTRY PROFILE Israel
Statistical tables Factor I: Economic Performance WORLD COMPETITIVENESS RANKING 18 All data are available from the World Competitiveness Online. Visit our eshop 1
COMPETITIVENESS TRENDS - OVERALL ISRAEL OVERALL PERFORMANCE (63 countries) 21 21 CHALLENGES IN 18 Maintaining Maintaining growth. growth. Reduce bureaucracy and regulation. Decrease the economic gaps. Acceleration public sector reforms. Improve export performance. 22 Provided Federation by: of Israeli Chambers of Commerce, Tel-Aviv Federation of Israeli Chambers of Commerce, Tel-Aviv 21 BASIC FACTS Rank Capital Land area (square km '000) Jerusalem 22 17 Exchange Rate (per $) 3.600 17 Population - market size (millions) 8.81 17 42 Gross Domestic Product (GDP) (US$ billions) 350.6 17 30 GDP (PPP) per capita (US$) 35,927 17 30 Real GDP growth (%) 3.4 17 Consumer price inflation (%) 0. 17 2 Unemployment rate (%) 4. 17 17 Labor force (millions) 3.99 17 43 Current account balance (% of GDP) 3.01 17 Direct investment stocks inward ($bn) 112.7 16 40 Direct investment flows inward (% of GDP) 5.41 17 10 COMPETITIVENESS LANDSCAPE Economic Performance Government Efficiency Business Efficiency Infrastructure Domestic Economy International Trade International Investment Employment Prices Public Finance Tax Policy Institutional Framework Business Legislation Societal Framework Productivity & Efficiency Labor Market Finance Management Practices Attitudes and Values Basic Infrastructure Technological Infrastructure Scientific Infrastructure Health and Environment Education 32 45 36 30 49 28 23 26 27 25 12 28 8 43 4 4 14 PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS < MILLION (34 countries) 14 13 13 14 14 15 14 14 15 14 2
COMPETITIVENESS TRENDS - FACTOR BREAKDOWN ISRAEL ECONOMIC PERFORMANCE 29 30 31 31 37 Sub-Factor Rankings : 17 Domestic Economy 21 International Trade 38 International Investment 28 Employment 28 Prices 46 18 32 45 36 30 49 GOVERNMENT EFFICIENCY 22 Sub-Factor Rankings : 17 Public Finance 31 Tax Policy Institutional Framework 23 Business Legislation 28 Societal Framework 18 28 23 26 27 BUSINESS EFFICIENCY 21 21 23 22 18 Sub-Factor Rankings : 17 Productivity & Efficiency 21 Labor Market 22 Finance 29 Management Practices 26 Attitudes and Values 9 18 25 12 28 8 INFRASTRUCTURE 15 14 14 16 13 Sub-Factor Rankings : 17 Basic Infrastructure 44 Technological Infrastructure 10 Scientific Infrastructure 4 Health and Environment Education 28 18 43 4 4 14 3
WORLD COMPETITIVENESS DIGITAL RANKING 18 All data are available from the World Competitiveness Online. Visit our eshop 4
DIGITAL TRENDS - OVERALL ISRAEL OVERALL PERFORMANCE (63 countries) Overall Alpha Alpha Factors Beta BetaLabel Gamma GammaLab Sub-Factors 1 2 2 2 2 2 2 4 4 4 2 2 6.5 4 4 2 2 8.5 4 4 2 2 10.5 4 4 2 2 2 19 2 2 Knowledge Talent Training & education Scientific concentration 12 25 30 Technology Regulatory framework Capital Technological framework 7 17 2 4 The direction of the triangle indicates the performance change from the last year: improved or stable declined Future readiness Adaptive attitudes Business agility IT integration OVERALL & FACTORS - 5 years OVERALL Knowledge Technology Future readiness 11 10 13 13 12 7 4 5 7 2 23 22 27 25 9 7 9 11 7 COMPETITIVENESS & DIGITAL RANKINGS Digital Competitiveness N.B. This graph provides only a comparison of the country s performance in the two rankings. 11 10 13 13 12 21 21 22 21 PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS < MILLION (34 countries) 7 6 8 8 8 8 7 10 9 9 5
u Overall top strengths w Overall top weaknesses FACTORS BREAKDOWN - STRENGHTS AND WEAKNESSES ISRAEL KNOWLEDGE Subfactors Talent 26 25 23 21 19 Training & education 10 7 6 11 2 Scientific concentration 2 2 2 2 2 Talent Rank Rank Rank Training & education Scientific concentration Educational assessment PISA - Math 36 Employee training u Total expenditure on R&D (%) 1 International experience 12 Total public expenditure on education 6 Total R&D personnel per capita 4 Foreign highly-skilled personnel 35 Higher education achievement 19 Female researchers - Management of cities Pupil-teacher ratio (tertiary education) - w R&D productivity by publication 52 u Digital/Technological skills 2 Graduates in Sciences - Scientific and technical employment 8 w Net flow of international students 43 Women with degrees 6 High-tech patent grants 7 TECHNOLOGY Subfactors Regulatory framework 32 26 26 26 30 Capital 18 18 27 Technological framework 22 25 26 28 Regulatory framework Rank Capital Rank Technological framework Rank Starting a business 22 IT & media stock market capitalization Communications technology 11 w Enforcing contracts 48 Funding for technological development 3 Mobile Broadband subscribers 26 w Immigration laws 61 Banking and financial services 14 Wireless broadband 22 Development and app. of technology 7 Investment risk 29 Internet users 34 Scientific research legislation 9 Venture capital 6 Internet bandwidth speed 29 Intellectual property rights 17 w Investment in Telecommunications 59 High-tech exports (%) 17 FUTURE READINESS Subfactors Adaptive attitudes 13 17 17 18 17 Business agility 12 11 11 9 2 IT integration 3 2 3 7 4 Adaptive attitudes Rank Business agility Rank IT integration Rank E-Participation 17 Opportunities and threats 5 E-Government Internet retailing 23 Innovative firms 19 u Public-private partnerships 2 Tablet possession 15 Agility of companies 6 u Cyber security 1 Smartphone possession 12 u Use of big data and analytics 2 Sofware piracy 17 Attitudes toward globalization 12 Knowledge transfer 5 6
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