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April 20, 2014 10:15 am

OECD Projects 3.5% Growth for Israeli Economy in 2015

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avatar by JNS.org

An Israeli shekel coin. Photo: Wikimedia Commons.

JNS.orgThe Organization for Economic Cooperation and Development (OECD) recently projected that Israel’s economy will grow by 3.5 percent in 2015, a rate higher than the one attributed to the OECD’s other 33 member states.

A report by the organization’s economists pegged the Israeli economy’s growth rate at 3.4 percent for 2014, compared with projections averaging a 2.3-percent growth rate for its other members in the coming year. OECD economists believe the growth rate for most of its members in 2015 will average at 2.7 percent.

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