flag_israelThe State of Israel is a developed country in Western Asia located on the eastern shore of the Mediterranean Sea. It borders Lebanon in the north, Syria in the northeast, Jordan in the east, and Egypt on the southwest. Also adjacent are the West Bank to the east and Gaza Strip to the southwest.

The modern state of Israel has its historical and religious roots in the Biblical Land of Israel, a concept central to Judaism since ancient times.

Israel is considered one of the most advanced countries in Southwest Asia in economic and industrial development. The country is ranked 3rd in the region on the World Bank’s Ease of Doing Business Index. It has the second-largest number of startup companies in the world (after the United States) and the largest number of NASDAQ-listed companies outside North America.

Despite limited natural resources, intensive development of the agricultural and industrial sectors over the past decades has made Israel largely self-sufficient in food production, apart from grains and beef. Other major imports to Israel, totaling US$47.8 billion in 2006, include fossil fuels, raw materials, and military equipment. Leading exports include fruits, vegetables, pharmaceuticals, software, chemicals, military technology, and diamonds; in 2006, Israeli exports reached US$42.86 billion. Israel is a global leader of cutting-edge technologies in software, communications and the life sciences. Intel and Microsoft built their first overseas research and development centers in Israel, and other high-tech multi-national corporations, such as IBM, Cisco Systems, and Motorola, have opened facilities in the country.

Tourism, especially religious tourism, is another important industry in Israel, with the country’s temperate climate, beaches, archaeological and historical sites, and unique geography also drawing tourists.

Population: 7,465,000 (2009)
Official language: Hebrew
Official currency: Shekel (ILS or NIS)
Top-level domain: .il



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