According to reports, the figure accounts for 6.0 percent of the country’s Gross Domestic Product.

The document assessed the economic cost for Israel during the first three weeks of the conflict, starting on October 7, and attributed the drop in labor supply to the massive mobilization of reserve soldiers, the evacuation of residents, and the closure of the education system, which made it difficult for parents to work.

Every seven days, the country lost 1.25 billion shekels (325 million dollars) due to the total closure of educational institutions, 590 million shekels (153 million dollars) due to the absence from work of 144,000 evacuated residents, and 500 million shekels (130 million dollars) due to the mobilization of some 360,000 reservists.

More than 10,000 Palestinians were killed, and 25,000 were injured in the Israeli bombardment of the Gaza Strip, ordered by Netanyahu in response to a Hamas militia attack on that nation that left some 1,400 dead.

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