Economy of Israel

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The economy of Israel is a technologically advanced economy rapidly with developing high-tech and service sectors. Since 2011, Israel takes on the UN Human Development Index, a 17th place of the 187 Member States of the United Nations, which is in the category of " very highly developed countries ."

Industries

The main industrial sectors include metal products, electronic and biomedical equipment, processed food, chemicals and transport equipment. The Israeli diamond industry is one of the global centers for Diamantenzuschneidung and polishing. Israel is a world leader in software, telecommunications and semiconductor development.