Thu, 22 Apr 2021

JERUSALEM, March 8 (Xinhua) -- Israel's current account surplus rose by 50 percent and surpassed 20 billion U.S. dollars in 2020, according to a report issued by the country's Central Bureau of Statistics on Monday.

The report said that the current account surplus increased from 13.4 billion U.S. dollars in 2019 to 20.1 billion dollars last year.

A current account includes a country's transactions of goods and services, financial investments, wages and current transfers.

The increase is mainly due to a 135 percent jump in Israel's goods and services account, which is the export and import balance sheet, from 7.4 billion dollars in 2019 to 17.4 billion dollars in 2020.

More Israel News

Access More

Sign up for Israel News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!