The Central Bureau of Statistics (CBS) again published last week its amended growth estimates for 2005
According to the newly published estimates Israel's GDP grew in 2005 by 5.2%, no change from figure previously reported. In 2004 GDP rose by 4.7% and in 2003 by 1.7%.
According to the revised figures, import and export growth slowed substantially. In 2005 exports was up by only 5.6%, compared with the previous estimate of 7 .4%, and imports was up 4%, compared with the previous estimated figure of 6.6%.
The CBS also reported that:
Israel’s GDP in 2005 was NIS 550 billion.
Business product was NIS 374 billion.
GDP per capita rose in 2005 3.3%, to NIS 79,900, compared with NIS 76,900 in 2004.
Standard of living rose 2.1% in 2005, after rising 3.2% in 2004
Private consumption totaled NIS 327 billion.
Exports of goods and services totaled NIS 254 billion and imports of goods and services totaled NIS 284 billion.
5.2% GDP growth in 2005
The Central Bureau of Statistics (CBS) again published last week its amended growth estimates for 2005
20.03.06 / 00:00
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