Israel PESTLE Insights - A Macroeconomic Outlook Report

Israel PESTLE Insights - A Macroeconomic Outlook Report

Summary

Financial intermediation, real estate and business activities contributed 33.3% to the gross value added (GVA) in 2021, followed by mining, manufacturing and utilities (13.8%), and transport, storage and communication (13.5%). According to GlobalData, the three sectors are forecast to grow by 7.6%, 3.7% and 7.2%, respectively, in 2022.

Tel Aviv and Jerusalem accounted for 59.6% of the country’s GDP and 59.4% of Israel’s population in 2021, according to GlobalData

Overall, the TA 25 (Israeli Stock Exchange) index exhibited an upward trend over last year. As of November 1, 2022, the index stood at 1,943.9, compared to 1,861.3 on November 1, 2021.

ScopeThe ‘Infrastructure For Growth’ program aims to invest $56 billion in 233 major infrastructure projects during 2020?24Reasons to BuyMacroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure. PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business. This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.