Israel officially known as the State of Israel is a country in the Middle East, on the south eastern shore of the Mediterranean Sea and the northern shore of the Red Sea. It has land borders with Lebanon to the north, Syria to the north east, Jordan on the east, the Palestinian territories of the West Bank and Gaza Strip to the east and west, respectively, and Egypt to the south west. It contains geographically diverse features within its relatively small area. Israel’s.
Israel has an advanced marketThe commercial activity of buying and selling goods and serv... system in which the prices of goods and services are determined in a free priceThe amount of money required to purchase something or to bri... system.
The economyThe management of money, currency and trade of a nation. The... of Israel is technologically advanced by global standards. As of 2015, Israel ranks in the top 18 nations in the world on the UN’s Human Development Index, which places it in the category of “Very Highly Developed” – the highest ranked in the Middle East, and even surpassing European countries such as Austria, France and Finland.
Important Details
- Country ISO3: ISR
- Country Code: 376
- Income Group: Middle East & North Africa
- Lending Category: High income
- Region: Not Available
- Currency Unit:Shekel
- WTO Member: YES
- TradeThe buying and selling or exchange of goods and services. Th... organisations: AIIB, BIS, CLS, EBRD, IADB, ICC, ISO, ITUC, OECD, UN, WCO, WFTU, WTO.
- world rank: 35
- Regional Ranking: 4th in the Middle East/North Africa Region
