Adva Center: Israeli growth rate - one of lowest in world

If the past decade is viewed, the Israeli economy grew by only 40%, compared with 60%-63% in most developed countries
 
A report published last week by Adva Center Information of Equality and Social Justice in Israel has shown that the rate of growth in Israel over the past decade, between 1998 and 2007, falls significantly below that of other western countries.
 
The report showed that while Israel has enjoyed 5% annual growth in recent years, considerably more than other developed countries, if the past decade is viewed, then the Israeli economy grew by only 40%, compared with 60%-63% in most developed countries, and more than 100% in China (176%) and India (112%).