Economy News Israel S Economy Shrinks More Than Expected On Gaza War
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OECD sees Israel economy rebound following Gaza ceasefire, but warns of risks
After ballooning war spending on defense and civilian needs, growth will be driven by exports and private demand, the organization says; raises concern about fiscal and tax policy The post OECD sees ... Read More
Gaza Economy at 13 Percent of Pre-Genocide Level, With Worst Collapse on Record
“Gaza’s economy has lost 87 per cent of its value since 2022,” said Mutasim Elagraa, UNCTAD economist and coordinator for Palestine within the agency, per UN News. “GDP per capita has reverted to ... Read More
Gaza’s once-growing economy is nearing total collapse
Gaza is going through one of the most severe economic collapses the world has seen in modern times. According to a UN report published in late November, the average income per person there is now just ... Read More
Israel's economy is struggling. Economists say ending the war would help

In Jerusalem’s Old City, nearly all souvenir shops are closed. In Haifa’s flea market, forlorn merchants polish their wares on empty streets. Airlines are canceling flights, businesses are failing and ... Read More
Israel’s Economy Rebounded Strongly Ahead of Gaza Ceasefire

Israel’s economy significantly accelerated in the third quarter, recovering from a plunge triggered by the 12-day war with Iran in June and ahead of the ceasefire in Gaza reached in mid-October. Gross ... Read More
Israel Economy Powered to 12.4% Gain in Q3 After End of Iran Conflict

JERUSALEM (Reuters) -Israel's economy rebounded sharply in the third quarter, putting in a stronger-than-expected performance after a weak second quarter that was hit by the conflict with Iran on top ... Read More
Vance visits Israel and says Gaza's fragile ceasefire is going better than expected

Kiryat Gat, Israel – U.S. Vice President JD Vance and other envoys projected optimism Tuesday about Gaza 's fragile ceasefire agreement, calling progress better than anticipated as they visited a new ... Read More
Visiting Israel, Vance Says Gaza’s Fragile Ceasefire Is Going Better Than Expected

KIRYAT GAT, Israel (AP) — U.S. Vice President JD Vance on Tuesday visited a newly opened center in Israel for civilian and military cooperation that he called central to keeping the U.S.-backed ... Read More
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