Why is Israel s per capita GDP as high as 5.21 million after years of war?

Mondo Finance Updated on 2024-01-30

Wen's comment

Israel, a country that has killed 18,608 Palestinian civilians and injured more than 50,594 since October 7, has been condemned by much of the world and continues to go its own wayIt is the economic foundation that has always maintained a steady development trend despite the war.

According to the latest data for 2022, Israel's GDP reached 17,598300 million NSHEs, or about 4,985$400 million, an increase of 65%。The per capita GDP is as high as 1840,000 NSHEs, or about 5$210,000, an increase of 44%。These figures are enough to prove that Israel is very strong economically and is one of the most developed countries in the Middle East.

Why is Israel's economy so developed?It is mainly due to its strong science and technology, active foreign development, and developed tourism.

First of all, Israel's strength in the field of science and technology should not be underestimated. The country is home to many world-renowned technology companies such as Israel's Waze, Check Point, etc., which have earned widespread recognition and praise across the globe for their innovative technologies and products. In addition, Israel has a very strong entrepreneurial atmosphere, with a large number of start-ups born here, injecting a steady stream of vitality into the country's economic development.

Secondly, Israel is also very well developed in agriculture. Despite its limited size, Israel has achieved high yields and high quality of agricultural products through efficient and modern agricultural techniques. Israel's agricultural technology is widely used around the world, providing strong support for global agricultural production. At the same time, Israel's agricultural products are also loved by consumers and contribute great value to the country's economic development.

Thirdly, tourism in Israel is also very well developed. Despite the frequent wars, Israel is very rich in tourism resources, attracting a large number of tourists to come for sightseeing. Israel's culture, history, and natural landscapes all offer unique conditions for the development of tourism. In 2022, it received 2.67 million overseas tourists, a year-on-year increase of 573 times, driving revenue of 13.5 billion US dollars. The development of tourism has not only brought considerable income to Israel, but also injected new vitality into the development of the local economy.

Fourthly, we cannot ignore the Israeli military industry. As an important military power in the Middle East, Israel has a very developed military industry. It is a world leader in R&D and innovation in military technology, equipment and tactics. The upgrading and development of these military technologies not only provides a guarantee for the country's security, but also provides important support for the sustained development of the economy.

Fifth, Israel's emphasis on the economy is also one of the important factors in promoting economic development. ** It has provided a solid foundation for economic development by strengthening domestic infrastructure construction, improving the level of education, and promoting scientific and technological innovation. At the same time, it also pays attention to international cooperation and actively participates in global economic cooperation and activities, providing more opportunities and space for the country's economic development.

Israel is at war with the Jews at war, but the smart Jews know how to make money from it, so that Israel is one of the most economically developed countries in the world despite the war.

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