After 200 days of the Gaza war, numbers reveal the losses of Israel’s economy

The losses of the Israeli economy, after more than 200 days of aggression against Gaza, are estimated at more than 73 billion dollars, according to official sources and UN agencies.

The figures indicate daily losses of about $270 million, due to military spending, while the Israeli economy recorded a contraction of 21%.

Below is a list tracking the losses of the Israeli economy 200 days after the Gaza war:

– $73 billion in total losses

– $270 million daily losses due to military spending

– The economy contracted by 21%.

– $1.8 billion, the cost of evacuating approximately 250,000 Israelis from their homes from the south and north

– 6.6% increase in the general budget deficit

– $40 million daily losses in the construction sector due to labor shortages

– Investment in technology companies decreased by 58%.

– The number of international flights to Israel decreased by 50%.

– $5.5 billion in property losses near the Gaza Strip border

– Exports decreased by 22.5%.

– A decrease in private spending by 26.9%.

– A decrease in investment in fixed assets by 67.9%.

– A decrease in imports by 42.4%

– Government spending increased by 83%.

The size of public debt doubled from $21 billion before the war to $43 billion

– Most credit rating agencies reduced their rating of “Israel”

– The real estate sector deteriorated significantly.

(Al Khaleej Online)