The country'sGDP(Purchasing power parity) in2006reached $195 billion according to
theInternational Monetary Fundor $179 billion according to the World Bank. GDP per capita has been $31,767 according to theInternational Monetary Fundin 2007 or $26,200in 2006 according to the CIA World Fact book. $31,767 is on par with most WesternEuropean countries like France or Italy, while $26,200 is lower than most WesternEuropean countries exceptGreece,SpainandPortugalbut higher than all Eastern
European countries and close to the average for theEuropean Union. The economy grew by 8% in the last quarter of 2006,the fastest growth of any Western nation.
Shekel, (4.58 shekels = 1 U.S. dollar; 2005 est.).
Copper, phosphate, bromide, potash, clay, sand, sulfur, bitumen,manganese.
--citrus and other fruits, vegetables, beef, dairy, and poultry products.
--high-technology projects (including aviation, communications, computer-aided design and manufactures, medical electronics, fiber optics), wood and paper products, potash and phosphates, processed food, beverages, tobacco, caustic soda,cement, construction, plastics, chemical products, transport equipments diamond cuttingand polishing, metal products, textiles, and footwear.
(2005 est.)--$40.14 billion. Exports include polished diamonds, electroniccommunication, medical and scientific equipment, chemicals and chemical products,electronic components and computers, machinery and equipment, transport equipment,rubber, plastics, and textiles.
(excluding defense imports, 2005 est.)--$43.19 billion: raw materials, diamonds, energy ships and airplanes, machinery, equipment, landtransportation equipment for investment, and consumer goods.
--U.S., Belgium, Hong Kong;
--U.S., Belgium, Germany,Switzerland, U.K. Israel is one of the world's major exporter of military equipment.2