Israel Economy Kenya Israel Economy The Israeli economy
- Slides: 11
Israel – Economy Kenya Israel Economy
The Israeli economy in the last decade 2004 2014 % change GDP (B$) 134 304 127% Business Product (B$) 100 226 126% Private Consumption (B$) 73 125% Product Per Capita (PPP) 19, 603$ 37, 038$ 89% Source: CBS and Central bank of Israel, OECD
Sustaining the stability 2010 2011 2012 2013 2014 Inflation (%) 2. 7 2. 2 1. 6 1. 8 -0. 2 Interest Rate (% end) 2. 0 2. 75 2. 0 1. 0 0. 25 Exchange rate (end year) New Israeli Shekel / $ 3. 55 3. 82 3. 73 3. 47 3. 89 New Israeli Shekel / € 4. 74 4. 92 4. 78 4. 72 Unemployment rate 6. 6 6. 8 (*) 6. 9 (*) 6. 2 5. 6 (*) After new valuation according to OECD
Sustaining the stability etc. 2010 2011 2012 2013 2014 (%) (%) (%) Debt to GDP 71. 0 69. 6 68. 3 67. 6 67. 5 External Debt to GDP 13. 1 12. 9 11. 5 10. 3 10. 9 Local Debt to GDP 57. 9 56. 7 56. 8 57. 3 56. 6 Budget Deficit (%GDP) -3. 0 -2. 0 -3. 7 -3. 1 -2. 6 Source: CBS and Central bank of Israel
Import¹ of goods by Major Countries 2014 100%=72. 3 B$ ¹ Including Diamonds, excluding defense imports and imports from the Palestinian Authority Source: Central bureau of statistics
Export¹ of goods by Major Countries 2014 100%=69 B$ ¹ Including Diamonds Source: Central bureau of statistics
Major Industries Traditional Industries: § § § Diamonds Automotive machinery Food Processing Chemicals Plastics Agricultural machinery Advanced Industries: § § § § Pharmaceutical Homeland Security Electro-optics Electronics Medical diagnostics Biotechnology Hi Tech: Computers, Software & Internet
Israel’s trading relationships 1985 USA 1992 EFTA 1997 Turkey 1997 Canada 1999 Mexico 2000 European Union 2010 Mercosur (Association Agreement) Ø As a whole, the EU is Israel’s largest trading partner, though the U. S. is the largest single country. Ø Israel pursues FTAs and international economic cooperation, and joined the OECD in 2010. Ø Israel is diversifying its trading relationships with by emphasizing trade with China, Brazil and India.
Kenya – Israel Trade (M$) Import Export Including Diamonds Source: Central bureau of statistics
Import of goods from Kenya to Israel 2014 100% = $13 M Fish 83% Fruits and nuts 4% Coffee, tea 2% Manufacture of straw 4% Other 7%
Export of goods from Israel to Kenya 2014 100% = $62. 8 M Machinery, electrical equipment 31% Plastics 25% Chemicals 21% Metals 8% Vehicles, transport equipment 4% Other 11%