Official Name: The State of Israel
Sovereign Status: Sovereign Country
Government Type: Parliamentary Democracy
Official Name (Local Language): Medinat Yisra'el
ISO Country Codes: IL : ISR
Internet Domain: .il
Government Web Site:
Capital: Tel Aviv Main Airports: Ben Gurion Airport
Language(s): Hebrew Population: 8,787,045
Currency: Israeli New Shekel ISO Currency Code: ILS
Telephone Dial In: +972 ID Prefix: 00

Travel Guides:


Government Website:
Sovereign Ratings:
Central Bank: Bank of Israel
Currency USD Exchange Rate: 3.25 new Israeli shekels (ILS) per US dollar (2020 est.)
Unemployment Rate: 3.81% (2019 est.)
Population below poverty line: 22% (2014 est.) (2014 est.)
Inflation Rate: 0.8% (2019 est.)
Prime Lending Rate: 3.22% (Nov-20 - TradingEconomics)
GDP: $394.93 billion (2019 est.)
GDP Pro Capita (PPP): $40,145 (2019 est.)
Currency Name: Israeli New Shekel
Currency Code: ILS
World Bank Classification: High Income

GDP Composition:

Agriculture: 2.1% citrus, vegetables, cotton; beef, poultry, dairy products
Industry: 27.3% high-technology products (including aviation, communications, computer-aided design and manufactures, medical electronics, fiber optics), wood and paper products, potash and phosphates, food, beverages, and tobacco, caustic soda, cement, pharmaceuticals,
Services: 69%

Source: Central Intelligence Agency Factbook

Financial Exchanges:
Stock & Securities Exchange: Tel-Aviv Stock Exchange ;

National Statistics Office:


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): English; Hebrew
Customs & Excise: Israel Tax Authority
Development Bank(s): Asian Infrastructure Investment Bank;
National Standards Bureau: Standards Institution of Israel
Competitive Ind’l Performance: 20/141 (2019) Corruption Perceptions Index: 35/180 (2020)
Ease of Doing Business: 35/190 (2019) Enabling Trade Index: 30/136 (2016)
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Regional Trade Agreements & Organisations: