Israel’s economy grows 8.1 percent in 2021

Tel Aviv, Feb 17 (Prensa Latina) Israel's economy grew by 8.1 percent in 2021, after a contraction of 2.2 percent in 2020 due to the Covid-19 pandemic, the Central Bureau of Statistics reported on Thursday.

February 17, 2022
07:15

The growth figure exceeded the Bank of Israel’s forecast of 7.5 percent.

According to the entity, the Gross Domestic Product increased 16.6 percent in the fourth quarter, after a growth of 2.4 percent in the third quarter.

Imports of goods and services rose 18.7 percent last year after falling 9.5 percent in 2020.

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