Traditionally, analysts have used Gross Domestic Product to measure the richest countries in the world. In 2018, Israel exported $59B and imported $76.6B, resulting in a negative trade balance of -$17.6B. Despite being the largest economy in the world, the U.S. also has a significant wealth inequality gap. For 2020, Israel is ranked 18 of 138 out of the countries considered for the annual GFP review.It holds a PwrIndx* rating of 0.3111 (0.0000 considered 'perfect'). Israel's economy also weathered the 2011 Arab Spring because strong trade ties outside the Middle East insulated the economy from spillover effects. 192 countries from around the world are ranked by GDP measured in US dollars and PPPs from 1980 to 2019. This wealth of natural resource translates to a GDP of $166.9 billion. Israel stands out in military capability where it is ranked 6th in the world, and technological capability where it ranks 4th. The current poverty threshold in the United States is $25,700 for a family of four. In 2018 Israel was the number 31 economy in the world in terms of GDP (current US$), the number 51 in total exports, the number 43 in total imports, and the number 19 most complex economy according to the Economic Complexity Index (ECI). Its capabilities ranked 25 in economy… The GDP value of Israel represents 0.33 percent of the world economy. Advanced economies refers to 39 countries as defined by the IMF. the world factbook archive Country Comparison :: GDP - per capita (PPP) Download GDP - per capita (PPP) compares GDP on a purchasing power parity basis divided by population as … This list contains projected GDP per capita (Nominal and PPP) of top 50 Countries/Economies in current prices of year 2019 and 2020 by IMF alongside their world rank, compare to world's average, gdp growth rate and gdp. Always in a state of readiness, the nation of Israel fields one of the most capable military forces in the world - despite its size. Learn which countries rank as being one of the top 20 economies in the world. The list of countries by GDP showed on this page is based on the latest data from the World Economic Outlook by the International Monetary Fund. b 2010. c 2017. d 2016. e 2000 The U.S has been the global leader since 1871, but China may soon change that with its amazing growth. a Includes overseas territories. The United States has the fourth-highest poverty rate of 17.8%. Qatar has a small population estimated at about 2.5 million and a GDP per capita of $129,700, the highest not only in the Middle East but also the world. Another problem with GDP is that it does not measure wealth distribution. Notes. Gross Domestic Product, or GDP, measures the economy size of a country. Source: IMF; World Bank; UN National Accounts; Bank of Korea. 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where does israel rank in the world by gdp

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