Netanyahu Inherits Economy Resilient to Years of Turmoil

  • Israel’s economy is in far better shape than it was last year
  • Challenges remain as cost of living is still high and growing
Benjamin Netanyahu on Nov. 2.Photographer: Kobi Wolf/Bloomberg
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Israel has weathered recent global economic storms better than most and nearly four years of government instability at home thanks to deep structural changes in its $482 billion economy.

The resilience will likely outlast what’s shaping up as the most right-wing government in Israel’s history following the country’s fifth election in less than four years. It’s set to bring back the nation’s longest-serving prime minister, Benjamin Netanyahu, who was removed from office in 2021 after 12 years in power.