[lbo-talk] Israel's Roaring Economy

Jonathan Nitzan nitzan at yorku.ca
Wed Jun 20 13:15:50 PDT 2007


The most recent official statistics for Israeli per capita growth rates the ones you cite. The linked chart traces Israeli per capita growth till 2002, smoothed as a 10-year moving average. If you were to add the data for 2003-2006 and compute the 10-year moving average, the average for the 1997-2006 would come to 1%. http://bnarchives.yorku.ca/228/05/20070401_bn_the_rockefeller_boys_figure.jpg.

According to the World Bank, the global average for 1996-2005 (last year) was 1.7%

Jonathan

On Jun 20, 2007, at 1:57 AM, Jonathan Nitzan wrote:

According to the IMF, Israeli GDP growth has averaged 5% since 2004. That's not China, but it's still pretty strong. Population is growing about 2% a year, so per capita, it's around 3%. Not the top of the world, but highly respectable. Is this measurement somehow misleading?

Doug

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