Macro - Country Economic Forecasts - Israel
Israel's year-long war is at a critical moment. At the end of September, Israeli forces launched a ground invasion of Lebanon following the recent assassinations of Hezbollah's leaders. Iran responded by launching a direct missile attack on Israel. Given the gravity of the situation, we downgraded Israel's GDP forecast for 2024 to 1.1% from 1.5%. Consumption and fixed investment were downgraded for Q4 while government spending is set to rise to cover the increase in military spending.
- Israel: Israel's war with Iran and Hezbollah intensifies
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Background
- Economic development
- Structure of the economy
- Balance of payments and structure of trade
- Policy
- Politics
Research Assistance
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