Israel Matzav

My how we've grown

The current occupant of the White House notwithstanding, Israel has grown dramatically over the last 30 years. The table above was posted here. For the Hebrew impaired, here is a translation of the table (originally prepared by journalist Sever Plotzker).

                                   1984                                                   2014

1. Population                4.1 million                                            8.2 million
2. Annual Inflation        447%                                                   1.5%
3. Bank Interest (p.a.)  771%                                                   5%
4. Government Debt
    (% of GNP)             17%                                                     2.5%
5. Defense Spending
    (% of GNP)             20%                                                     5.5%
6. Foreign Currency
    Reserves                  $3.3 billion                                           $90 billion
7. Exports                    $10 billion                                            $90 billion
8. Information
    Technology
    Exports                    $0                                                       $28 billion
9. Female Employment 30%                                                    53%
10. Exported Goods
      and Services           $30 billion                                           $320 billion
11. Per Capita GNP     $7,000                                                $39,000

Don't let anyone tell you we're not an economic miracle!

Labels: Israeli economy, miracles

posted by Carl in Jerusalem @ 1:19 PM