In the last 20 years, the Israeli economy grew by an astounding 270% while its population only grew by 145%.  The Per Capita Income for Israelis grew to $30,000, which put it in a respectable place among OECD countries.  Moreover, Israel’s unemployment rate is lower than that of the U.S., and far lower than the European states. The cumulative growth rates in Israel for the last five years stood at 21%, which is higher than all of the 34 member states of the OECD.

Last year was one of the best years for Israel’s high-tech exports, and in 2013, will exceed the 50% mark for overall exports. The level of flexibility in Israel’s exports, which is made up of thousands of companies that specialize in “niche” fields, and the diversification of the various economic sectors, enabled the Israeli economy to better meet the challenges of the slower global economy.  Israel has truly become a “Start Up Nation.” http://frontpagemag.com/2013/joseph-puder/israel-at-65/?utm_source=FrontPage+Magazine&utm_medium=email&utm_campaign=1adc17338b-Mailchimp_FrontPageMag&utm_content=Yahoo%21+Mail