
Economy
Israel has an advanced, high-income economy renowned as a global technology and innovation hub — the 'Start-Up Nation' — with a highly educated workforce and world-leading research and development.
Despite limited natural resources, apart from recently developed offshore gas, and the costs of chronic regional conflict, Israel has built a prosperous, knowledge-based economy.
Key sectors include high technology (cybersecurity, software, semiconductors), defense and aerospace, pharmaceuticals, diamond cutting, agriculture and water technology, and finance.