(Last updated: 1 Apr 2012)
Market profile
Doing Business
Israel is made up of a large variety of ethnic groups and religions (large Jewish majority with significant Muslim/Christian minorities), and as such, is a multi-cultural society with a wide range of behaviours.
More information on doing business in Israel
Country Profile
Content supplied by Department of Foreign Affairs and Trade
- ECONOMIC CLIMATE
Israel has a technologically advanced market economy with substantial, though diminishing, government participation. It depends on imports of crude oil, grains, raw materials, and military equipment.
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- TRADE RELATIONS
Australia has warm and close relations with Israel, which are supported strongly by Australia’s active Jewish community.
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- POLITICAL CLIMATE
The State of Israel is a robust parliamentary democracy. The Knesset (parliament) is made up of 120 members elected every four years on the basis of proportional representation.
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