Israel GDP Expected to Grow More than US's in Next 50 Years

Israel’s gross domestic product is expected to grow at a much higher annual rate than the United States for the next 48 years, according to a report by the OECD.

In the report “Looking to 2060: Long-Term Global Growth Prospects”, the OECD predicted that Israel’s average annual rate of growth between now and 2060 would be approximately 2.6% - the US growth is expected to grow at 2.1% in the next 50 years.

The report showed that India and China would grow by leaps and bounds – 5.1% and 4.1% respectively.