„The Economist“ ranks Israel fourth best performing economy – The UK weekly said that Israel had enjoyed economic success over the past year, despite the political chaos. | Globes
„The Economist“ has ranked Israel as the fourth best performing economy in 2022. „In the Middle East, Israel enjoyed success over the past year, despite the political chaos,“ the UK weekly wrote.
The ranking of the 34 OECD countries was based on five macroeconomic indicators: GDP growth, annual inflation, inflation breadth, share prices, and government debt. As „Globes“ reported last week Israel’s debt: GDP ratio has fallen from 68% to 60% this year. Although inflation over the past 12 months has risen to 5.3%, this is about half the level of inflation in much of the Western economies, as „The Economist“ points out.
The ranking of the 34 OECD countries was based on five macroeconomic indicators: GDP growth, annual inflation, inflation breadth, share prices, and government debt. As „Globes“ reported last week Israel’s debt: GDP ratio has fallen from 68% to 60% this year. Although inflation over the past 12 months has risen to 5.3%, this is about half the level of inflation in much of the Western economies, as „The Economist“ points out.
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