Süsses Eis, bittere Zahlen: Warum Israels Wirtschaftsboom auf wackligen Füssen steht
Drei Jahre Ausnahmezustand haben dem Land erstaunlich wenig anhaben können, so scheint es. Doch hinter den glänzenden Zahlen steckt zu einem erheblichen Teil ein einziges Unternehmen.
Israels impressive economic boom is built on shaky foundations, according to new figures. Despite three years of war and terror, the country somehow managed to maintain a robust economy. However, the success story is largely dependent on one company - Nvidia, a major chip producer.
The new "Milch und Honig" ice cream flavor from Ben & Jerry's, using milk from Israeli cows and honey from bees near the Gaza border, may celebrate a new beginning but hides the underlying fragility of the economy. The geopolitical situation in Israel has always been reflected on supermarket shelves, with the economy weathering the longest war in its history. But the growth has relied heavily on Nvidia, which accounts for a significant portion of the country's GDP.
Despite Nvidia's contribution, the majority of the workforce remains unaffected, as the economy is still heavily reliant on a large number of employees. However, the war has taken a toll, with damage estimated at nearly 177 billion Israeli shekels by the end of 2025, which is nearly a tenth of the annual economic output. The debt of the state has increased, and foreign investment has become more expensive.
The country's growth has slowed down, with a recession affecting the private sector, and investment falling by 30% in the last quarter of 2023. The uncertainty caused by the war has led to less investment, which is the decisive factor in the slowdown of the economy.
Written by urgent.news from NZZ Wirtschaft's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
