Business Landscape and Livelihoods in Israel
Israel's advanced, diversified economy:
Major Sectors
- High-tech – 10%+ workforce, 15%+ GDP; cybersecurity, AI, biotech.
- Manufacturing – Food processing, chemicals, electronics, machinery.
- Tourism – 4M+ visitors (2019); 20% GDP, 10% jobs.
- Agriculture – High-tech, export-oriented (fruits, vegetables, flowers).
Employment Breakdown
- Services: 72% (retail, healthcare, education, finance, tourism)
- Manufacturing: 15%
- High-tech: 10%
- Agriculture: 3%
Unemployment ~4%. Minimum wage: ₪5,300/mo (~$1,500); average ~₪10,000 (~$3,000). High cost of living offset by relatively high wages.