About Israel
Quick Facts
- Population
- 7,707,042 (July 2013 est.)
- Area
- 20,770 sq km
- ISO Code
- IL
- Continent
- Asia
- Government
- parliamentary democracy
- Active Causes
- 12
Asia
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temperate; hot and dry in southern and eastern desert areas
Negev desert in the south; low coastal plain; central mountains; Jordan Rift Valley
timber, potash, copper ore, natural gas, phosphate rock, magnesium bromide, clays, sand
limited arable land and natural freshwater resources pose serious constraints; desertification; air pollution from industrial and vehicle emissions; groundwater pollution from industrial and domestic...
Hebrew (official), Arabic (used officially for Arab minority), English (most commonly used foreign language)
Jewish 75.6%, Muslim 16.9%, Christian 2%, Druze 1.7%, other 3.8% (2008)
7.6% of GDP (2010) of GDP
5.9% of GDP (2009) of GDP
Israel has a technologically advanced market economy. Its major imports include crude oil, grains, raw materials, and military equipment. Cut diamonds, high-technology equipment, and pharmaceuticals are among the leading exports. Israel usually posts sizable trade deficits, which are covered by tourism and other service exports, as well as significant foreign investment inflows. The global financial crisis of 2008-09 spurred a brief recession in Israel, but the country entered the crisis with solid fundamentals - following years of prudent fiscal policy and a resilient banking sector. The econ...
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