Economy of Israel
The country's currency is the Israeli new shekel. The symbol used for this currency is ₪ and is abbreviated as ILS. 4.3% of the country's population is unemployed. The total number of unemployed in Israel is 363,472. Every year Israel exports about US$60.67 billion and imports about US$67 billion. The country's Gini index is 37.6. Israel has a Human Development Index (HDI) of 0.888. The Global Peace Index (GPI) for Israel is 2,781. Israel has a public debt equal to 13% of the country's gross domestic product (GDP) as estimated in 2012. Israel is considered a developed nation. A nation's stage of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life.
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