IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL ISRAEL

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Jerusalem

2016 2017 2018 2019 2020

22 2019

3.565 2019 9.05 2019 395.1 2019 39,226 2019 3.5 2019 0.84 2019 3.80 2019 4.12 2019 3.63 2019 148.0 2018 4.61 2019

Exchange Rate (per $)

21

21

22

24

26

42

Population - market size (millions)

CHALLENGES IN 2020 To restart the economy after the Covid-19 crisis. To decrease the number of unemployed. • To restart the economy after the Covid-19 crisis. • To decrease the number of unemployed. • To decrease the government deficit after the Covid-19 crisis. • To help private companies to regain productivity. • To increase productivity generally.

30

Gross Domestic Product (GDP) (US$ billions)

30

GDP (PPP) per capita (US$)

14

Real GDP growth (%)

19

Consumer price inflation (%)

20

Unemployment rate (%)

43

Labor force (millions)

22

Current account balance (% of GDP)

35

Direct investment stocks inward ($bn)

The Federation of Israeli Chambers of Commerce, Tel-Aviv Provided by: The Federation of Israeli Chambers of Commerce, Tel-Aviv

6

Direct investment flows inward (% of GDP)

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

16

16

21

24

25

26

26 23

27

29

31

31 34

33

36

38

38

45

53

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

POPULATIONS < 20 MILLION (34 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

13

14

14

14

14

15

15

16

17

17

79

IMD WORLD COMPETITIVENESS BOOKLET 2020