Israel: 2022 Article IV Consultation-Press Release and Staff Report

March 21, 2022

Summary

The Israeli economy has weathered the COVID-19 crisis exceptionally well, but risks are high. With substantial fiscal and monetary support, real GDP growth reached 8.1 percent in 2021, driven by consumption and high-tech exports. The rapid vaccination campaign boosted confidence. The outlook is positive but still subject to high uncertainty.

Subject: COVID-19, Health, Housing prices, Inflation, International organization, Labor, Labor markets, Monetary policy, Prices, Revenue administration

Keywords: aggregate value, COVID-19, Global, Housing prices, imported wheat, Inflation, inflation expectation, inflation pressure, Labor markets, merchandise export

Pages:
82
Volume:
2022
DOI:
https://doi.org/10.5089/9798400207143.002
Issue:
081
Series:
Country Report No. 2022/081
Stock No:
1ISREA2022001
ISBN:
9798400207143
ISSN:
1934-7685

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