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34 country profile






                     Age Structure in İsrail                             GDP, comparison by sector



                                                                                        2.4%
                           11.96%
                        8.40%        26.76%
                                                                                              26.5%

                                     15.67%
                         37.20%
                                                                                69.5%




             0-14 years     15-24 years   25-34 years
             55-64 years    65 years and over                               Agriculture  Industry  Services

     covered in forests. The country’s major natural resources and re-  life expectancy is 83 years, which differs as 85 years for women
     serves include timber, copper, natural gas, and rock phosphate.  and 81.1 years for men.
     Sandstorms during spring and summer, drought and earthquake
     are the major natural catastrophe risks threatening the country;  Educational expenditures of Israel equal to 6.1 percent of its
     while  current  environmental  issues  include  groundwater  pollu-  GDP,  while  medical  expenditures  equal  to  7.4  percent  of  the
     tion, limited cultivable land and limited freshwater reserves, de-  GDP. Expenditures made for educational institutions are lower
     sertification, and air pollution.                        compared to many other OECD countries with similar GDP per
                                                              capita levels. 97.8 percent of the population are literate in Isra-
     Share of young population is high                        el, which is a parliamentary democracy.
                                                              GDP on the rise
     A big part of Israeli population lives in Tel Aviv and surrounding   Israel has a technologically advanced free market economy that
     areas, and around the Sea of Galilee. As of 2020, population   stands out with high levels of exports in cut diamonds, high-tech
     of Israel stands at 8 million 675 thousand, 74 percent of which   equipment, and pharmaceuticals. Israel currently follows an eco-
     are  Jews.  Arabic  population  accounts  for  20  percent  of  total   nomic expansion plan with strong trade ties outside the Middle
     population. Official language is Hebrew, but English is also a   East, which helped the country weather the economic impacts
     widely known and spoken language in the country. Arabic is also   of 2011 Arab Spring. The country has suffered from decreased
     a recognized and spoken language in Israel. Muslims constitute   investment resulting from its uncertain security situation; and
     17 percent of the population. According to the age structure of   income  inequality  continues  to  be  a  concern  for  many  Israe-
     the population; 26.76 percent of the population are individuals   lis. Income inequality and poverty rates are among the highest
     younger than 15, 15.67 percent are individuals between 15 and   in  OECD  countries;  and  the  progressive,  globally  competitive,
     34, 37.2 percent are individuals between 25 and 54, 8.4 percent   knowledge-based technology sector of Israel employs only about
     are individuals between 55 and 64, and 11.96 percent are indi-  8 per cent of the workforce. The rest are mostly employed in
     viduals  older  than  64.  This  population  pyramid  indicates  that   manufacturing and services.
     share of young population is considerably high in Israel. General



                                            Gross premiums (million USD)











                                                                                    17,427                   18,559
        14,366                   14,116                   15,141






         2014                     2015                     2016                     2017                     2018
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