As reported in Globes.co.il: The IMF forecast is higher than the Bank of Israel’s 4% prediction.
The IMF forecast is higher than the Bank of Israel’s 4% prediction, which was issued on September 29, having been revised upwards from its 3.7% forecast in April.
In 2011 the IMF expects a slight slowdown in Israeli GDP growth to 3.8%, exactly the same prediction as the Bank of Israel.
Israel’s 2010 IMF growth forecast is considerably higher than most other developed economies. The IMF predicts 3.3% growth for Germany, 1.6% for France, 1% for Italy, 1.7% for the UK, 2.9% for Switzerland, 1.8% for Holland, 2.6% for the US and 3.1% for Canada.