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Macro - Country Economic Forecasts - Israel

Publisher Oxford Economics
Published Jun 26, 2025
Length 7 Pages
SKU # OFE20204905

Description

Following Israel's attacks on Iran, we revised down our short-term outlook for Israel. GDP is set to contract by almost 0.6% this year as a nationwide shutdown took place. Our forecast was set prior to the ceasefire between Israel and Iran, which is likely to lead to additional revisions in our upcoming July forecast round.

Table of Contents

7 Pages
Israel: Israel's war with Iran sends the country into a shutdown
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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