“The Economist” ranks Israel fourth best performing economy in 2022.
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The ranking of the 34 OECD countries was based on five macroeconomic indicators: GDP growth, annual inflation, inflation breadth, share prices, and government debt. As “Globes” reported last week Israel’s debt: GDP ratio has fallen from 68% to 60% this year. Although inflation over the past 12 months has risen to 5.3%, this is about half the level of inflation in much of the Western economies, as “The Economist” points out.
Greece was placed in first place. Read more in Globes.
