|Population size||4.4 MN||8.95 MN||103%|
|Gross Domestic Product (GDP)||$37 BN||$365 BN||886%|
|US aid as a percentage of GDP||7%||1%||-86%|
|Gross Domestic Product per capita||$8,000||$41,000||413%|
|Government debt as percent of GDP||155%||61%||-61%|
|Defense expenditures as percent of GDP||17%||5%||-71%|
|Foreign currency reserves||$6 BN||$115 BN||1816%|
|Annual exports||$10 BN||$110 BN||1000%|
|Energy from own independent sources||4%||73%||1725%|
|Water from desalinated sources||3%||52%||1633%|
|Employment of women||36%||60%||67%|
|Number of students||70,000||316,000||351%|
|Life expectancy||75 years||82 years||9%|
|Number of vehicles per thousand residents||175||398||127%|
|Average rooms per capita||0.95||1.26||33%|
2. According to a July 18, 2019 Forbes Magazine article (Amir Mizroch): “Israel rises as an industrial technology power…. For a country that doesn’t make cars, Israel has one of the world’s hottest automotive technology industries, with globally recognized names like Mobileye (bought by Intel for $15.3BN), WAZE (acquired by Google for $966MN), Moovit (with over 480 million users), as well as up-and-coming companies like Argus and Innoviz. Almost every single global carmaker has an innovation center and research and development facility in Israel to engage with the sector’s +400 Israeli companies….
“Now entrepreneurs from another tech sector in Israel, that isn’t based on any meaningful physical manufacturing – Industrial IoT [the 4th Industrial Revolution enabled by cybersecurity, cloud computing, edge computing, mobile technologies, 3D printing, advance robotics, cognitive computing, etc.] – are hoping to replicate the success of their auto-tech compatriots….
“Venture-backed financing into Israel’s I4 industry [the 4th industrial revolution] grew 223% in four years, from $113MN in 2014 to $365MN in 2018. The 2018 financing figure accounts for 5% of global VC-backed financing into the I4 industry, according to Pitchbook. This might be a small percentage, but only the US and China are ahead of Israel, a nation of just 9 million people….
3. “Israel’s on course of further growth” was the title of a September, 2018 report on Israel by Pitchbook, a Seattle-based global leader of financial and marketing assessment: “The private market ecosystem in Israel has been maturing rapidly over the past few years, underscored by several big deals and the emergence of a technology cluster known as the Silicon Wadi. Despite its relatively small size and a population of around 8.9 million, Israel has become one of the most technologically influential hubs in the world due, in part, to a young and well-educated workforce and a favorable entrepreneurial environment….
“Israel has developed into a real draw for foreign investors. Its expertise in IT and cybersecurity, combined with its focus of healthcare-related trends, has been an integral part of building and maturing its evolving ecosystem. While there are undoubtedly headwinds ahead – be they geopolitical or stemming from a slowdown of the global economy – it is no stretch to see Israel’s private markets overall growth trajectory continuing.”