Israel reports GDP growth of 6.5% in 2022

Illustrative: View of the Tel Aviv Stock Exchange, November 29, 2020. (Miriam Alster/Flash90)
Illustrative: View of the Tel Aviv Stock Exchange, November 29, 2020. (Miriam Alster/Flash90)

Israel’s gross domestic product grew by 6.5 percent in 2022, according to the Central Bureau of Statistics.

Figures released by the CBS show rising economic growth over last year, with GDP up 4.4% on a per capita basis, besting the OECD average of 2.6%.

However, there were some signs of cooling in the fourth quarter, with exports of goods and services down 10.4% and imports down 7.1% compared to the previous quarter.

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