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  • 11-03-19

    Israel jumps 3.3 percent in GDP growth

    (MENAFN) Israel was revealed to have witnessed a fair growth in its gross domestic product (GDP) to register a 3.3 percent boost last year.

    Central Bureau of Statistics unveiled in its data Israeli budget deficit last year to have jumped 3.1 percent of GDP.

    However, based on the bureau's date, Israel is maintaining a slow momentum in its GDP growth as it increased 3.5 percent in 2017 and 4 percent in 2016.

    It added that the 3.3 percent surge is still above average growth rate compared to the Organization for Economic Cooperation and Development (OECD).

    MENAFN1103201900450000ID1098234577

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