Forecast summary | ||||||
(% unless otherwise indicated) | ||||||
2010a | 2011b | 2012b | 2013b | 2014b | 2015b | |
Real GDP growth | 4.5c | 4.0 | 4.1 | 4.4 | 4.5 | 4.8 |
Industrial production growth | 8.7 | 5.2 | 5.5 | 6.5 | 6.9 | 7.0 |
Gross agricultural production growth | 0.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 |
Unemployment rate (av) | 6.7 | 6.5 | 6.1 | 5.9 | 5.8 | 5.6 |
Consumer price inflation (av) | 2.7c | 3.4 | 2.5 | 2.7 | 3.0 | 2.9 |
Consumer price inflation (end-period) | 2.8c | 3.1 | 1.8 | 3.3 | 2.9 | 2.9 |
Short-term interbank rate | 5.0 | 6.3 | 7.5 | 7.9 | 8.3 | 8.6 |
Government balance (% of GDP) | -3.7c | -2.9 | -2.1 | -1.2 | -0.6 | 0.2 |
Exports of goods fob (US$ bn) | 55.6 | 62.5 | 73.6 | 85.0 | 98.6 | 115.3 |
Imports of goods fob (US$ bn) | 58.9 | 70.1 | 79.7 | 87.9 | 99.1 | 114.2 |
Current-account balance (US$ bn) | 6.0 | 3.5 | 5.3 | 9.1 | 12.0 | 14.4 |
Current-account balance (% of GDP) | 2.7 | 1.5 | 2.1 | 3.4 | 4.1 | 4.5 |
External debt (end-period; US$ bn) | 89.2 | 89.7 | 90.0 | 91.3 | 95.1 | 100.3 |
Exchange rate NIS:US$ (av) | 3.73c | 3.67 | 3.78 | 3.80 | 3.73 | 3.66 |
Exchange rate NIS:US$ (end-period) | 3.55c | 3.71 | 3.83 | 3.76 | 3.70 | 3.64 |
Exchange rate NIS:€ (av) | 4.95c | 4.64 | 4.54 | 4.48 | 4.33 | 4.28 |
Exchange rate NIS:¥100 (av) | 4.25c | 4.47 | 4.67 | 4.69 | 4.54 | 4.39 |
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Actual. |
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