The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability with a full nuclear triad, modern infrastructure rivaling many Western countries, and a high-technology sector competitively on par with Silicon …Israel has the world's 34th highest per capita GDP (adjusted for purchasing power parity) at around $36,000. (It's also home to some significant technology companies and has about many “unicorn” startups as larger OECD economies such as Canada and Germany.)Mineral resources
Israel began limited petroleum exploitation in the 1950s, and small oil deposits have been found in the northern Negev and south of Tel Aviv. The country also has reserves of natural gas in the northern Negev northeast of Beersheba and offshore in the Mediterranean.
Is Israel a developed country : The country is very highly developed in terms of life expectancy, education, per capita income and other human development index indicators.
Is Iran stronger than Israel
Israel is clearly superior to Iran in terms of air power, according to the Global Firepower Index. In total, the Israeli army is equipped with 612 fighter jets, while Iran has 551. Beyond the figures, it's also the quality of the military aircraft that matters, Hinz told DW.
What is Israel’s biggest export : Diamonds
Yearly Trade
The most recent exports are led by Diamonds ($10.5B), Integrated Circuits ($7.83B), Refined Petroleum ($4.08B), Medical Instruments ($2.51B), and Potassic Fertilizers ($2.31B).
And the nation that comes out on top here is the one with more money which is Israel Iran has a GDP of 413. Billion while Israel's GDP stands at $539. Billion this affects their respective military
Israel has more Nobel Prize winners than all the Arab nations combined. The high tech field is very string, with many new & innovative companies starting operations each year. Some companies were sold to outside entities, resulting in multi-million & even multi-billion payouts.
What is Israel’s main resource
The natural resources of Israel include: timber, potash, copper ore, natural gas, phosphate rock, magnesium bromide, and clays. Natural hazards facing Israel include: sandstorms may occur during spring and summer, droughts, and periodic earthquakes.The key factor which enabled high-tech industries based on information and communication technologies to take root and flourish in Israel was investment by the defense and aerospace industries, which spawned new technologies and know-how.While the State of Israel was established on 15 May 1948 and admitted to the United Nations, a Palestinian State was not established. The remaining territories of pre-1948 Palestine, the West Bank – including East Jerusalem- and Gaza Strip, were administered from 1948 till 1967 by Jordan and Egypt, respectively.
There are approximately 169,500 active-duty personnel and roughly 465,000 Israelis in reserve units. In the days since the Oct. 7 Hamas attack, more than 300,000 reservists have been called up.
Did Israel help Iran in war : During the war, Israel was one of the main suppliers of military equipment to Iran.
What is Israel’s main product : diamonds
Israel is a leading world diamond manufacturing and trading center. The main reason is that the Israeli diamond industry is as multi-faceted as its diamonds. The Israeli diamond is synonymous with trust and reliability, and it is guaranteed to be conflict-free and genuine.
Why does Israel have so many diamonds
“Diamonds come to Israel from various sources, including African countries such as South Africa, Liberia, Congo and Ivory Coast, as well as Russia and Canada,” says Saiyam Mehra, Chairman of All India Gem and Jewellery Domestic Council (GJC). “Israel serves as a marketing hub for these diamonds.
Israel is an OECD member country with a developed free-market economy. The most important economic sectors are technology, manufacturing, and diamond polishing and cutting. In 2022, Israel's GDP amounted to 501.4 billion U.S. dollars, and, according to estimates, it will increase to 611.8 billion U.S. dollars by 2026.Egypt has a GDP per capita of 3,832 while Israel has a GDP per capita of $47,602, or over 12 times as much.
Who owns most of Israel : the state of Israel
Legal framework. Four Israeli laws form the legal basis of its land policy: Basic Law: Israel lands (1960) states that all the lands owned by the state of Israel will remain in state ownership, and will not be sold or given to anyone.