OECD projects 3.5% growth for Israeli economy in 2015

An Israeli shekel coin. Credit: Wikimedia Commons.

(Israel Hayom/Exclusive to JNS.org) The Organization for Economic Cooperation and Development (OECD) recently projected that Israel’s economy will grow by 3.5 percent in 2015, a rate higher than the one attributed to the OECD’s other 33 member states.

A report by the organization’s economists pegged the Israeli economy’s growth rate at 3.4 percent for 2014, compared with projections averaging a 2.3-percent growth rate for its other members in the coming year. OECD economists believe the growth rate for most of its members in 2015 will average at 2.7 percent.

Posted on April 20, 2014 .