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ESTIMATES SHOW ISRAELI GDP ROSE 4.8% IN 2011

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Wednesday, January 4th, 2012

According to preliminary estimates, Israel’s gross domestic product grew by 4.8% in 2011, following a similar rise in 2010, and a 0.8% rise in 2009, when Israel crawled back out of the recession.

GDP per capita is expected to have risen 2.9% to $31,100.