IMD World Competitiveness Booklet 2022

Competitiveness Country Profiles

Israel Competitiveness Trends – Overall

OVERALL PERFORMANCE (63 countries)

BASIC FACTS

Rank

2018

2019

2020

2021

2022

Capital Land area (square km '000)

Jerusalem

22 2021

3.230 2021

Exchange Rate (per $)

21

9.45 2021 40 481.6 2021 28 45,351 2021 28 8.6 2021 10 1.49 2021 10 4.30 2021 17 4.17 2021 41 4.68 2021 18 189.0 2020 32 5.96 2020 09

24

25

Population - market size (millions)

26

27

Gross Domestic Product (GDP) (US$ billions)

CHALLENGES IN 2022

GDP (PPP) per capita (US$)

• Increase labor force participation, decreasing the unemployment rate. • Increase the business sector productivity, especially in trade and services sectors. • Decrease the public sector bureaucracy. • Invest in peripheral infrastructure. • Increase competition in the business sector.

Real GDP growth (%)

Consumer price inflation (%)

Unemployment rate (%)

Labor force (millions)

Current account balance (% of GDP)

Direct investment stocks inward ($bn)

Direct investment flows inward (% of GDP)

PROVIDED BY: The Federation of Israeli Chambers of Commerce, Tel-Aviv

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

5

10

14

20

22

24

24

25

29

31 27

32 30 30

33

35

38

42

42

55

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS < 20 MILLION (36 countries)

2018

2019

2020

2021

2022

2018

2019

2020

2021

2022

14

14

15

16

17

17

17

17

18

18

79