GDP:
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purchasing power parity - $120.9 billion (2003 est.)
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GDP - real growth rate:
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1.3% (2003 est.)
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GDP - per capita:
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purchasing power parity - $19,800 (2003 est.)
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GDP - composition by sector:
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agriculture: 2.8%
industry: 37.7%
services: 59.5% (2003 est.)
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Investment (gross fixed):
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17.2% of GDP (2003)
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Population below poverty line:
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18% (2001 est.)
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Household income or consumption by percentage share:
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lowest 10%: 2.4%
highest 10%: 28.3% (1997)
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Distribution of family income - Gini index:
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35.5 (2001)
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Inflation rate (consumer prices):
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0.7% (2003 est.)
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Labor force:
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2.61 million (2003 est.)
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Labor force - by occupation:
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agriculture, forestry, and fishing 2.6%, manufacturing 20.2%, construction 7.5%, commerce 12.8%, transport, storage, and communications 6.2%, finance and business 13.1%, personal and other services 6.4%, public services 31.2% (1996)
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Unemployment rate:
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10.7% (2003 est.)
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Budget:
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revenues: $44.98 billion
expenditures: $51.07 billion, including capital expenditures of NA (2003)
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Public debt:
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108.6% of GDP (2003)
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Industries:
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high-technology projects (including aviation, communications, computer-aided design and manufactures, medical electronics), wood and paper products, potash and phosphates, food, beverages, and tobacco, caustic soda, cement, diamond cutting
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Industrial production growth rate:
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-0.6% (2003 est.)
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Electricity - production:
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42.24 billion kWh (2001)
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Electricity - production by source:
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fossil fuel: 99.9%
hydro: 0.1%
other: 0% (2001)
nuclear: 0%
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Electricity - consumption:
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37.82 billion kWh (2001)
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Electricity - exports:
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1.457 billion kWh (2001)
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Electricity - imports:
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0 kWh (2001)
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Oil - production:
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80 bbl/day (2001 est.)
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Oil - consumption:
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260,000 bbl/day (2001 est.)
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Oil - exports:
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NA (2001)
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Oil - imports:
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NA (2001)
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Oil - proved reserves:
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1.92 million bbl (1 January 2002)
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Natural gas - production:
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10 million cu m (2001 est.)
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Natural gas - consumption:
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10 million cu m (2001 est.)
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Natural gas - exports:
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0 cu m (2001 est.)
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Natural gas - imports:
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0 cu m (2001 est.)
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Natural gas - proved reserves:
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20.81 billion cu m (1 January 2002)
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Agriculture - products:
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citrus, vegetables, cotton; beef, poultry, dairy products
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Current account balance:
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$-174 million (2003)
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Exports:
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$29.32 billion f.o.b. (2003 est.)
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Exports - commodities:
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machinery and equipment, software, cut diamonds, agricultural products, chemicals, textiles and apparel
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Exports - partners:
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US 37.3%, Belgium 5.3%, UK 4.1% (2003 est.)
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Imports:
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$32.27 billion f.o.b. (2003 est.)
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Imports - commodities:
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raw materials, military equipment, investment goods, rough diamonds, fuels, grain, consumer goods
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Imports - partners:
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US 19.7%, Belgium 7.8%, Germany 7.6%, UK 6.5%, Switzerland 6.4% (2003 est.)
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Reserves of foreign exchange & gold:
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$26.32 billion (2003)
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Debt - external:
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$70.97 billion (2003 est.)
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Economic aid - recipient:
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$662 million from US (2003 est.)
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Currency:
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new Israeli shekel (ILS); note - NIS is the currency abbreviation; ILS is the International Organization for Standarization (ISO) code for the NIS
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Currency code:
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ILS
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Exchange rates:
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new Israeli shekels per US dollar - 4.5541 (2003), 4.7378 (2002), 4.2057 (2001), 4.0773 (2000), 4.1397 (1999)
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