Israel is an economically developed country, and its domestic economy is diversified. The main sources of its economy are information industry, national defense industry, tourism, dairy industry, education industry, agriculture, foreign investment, economic assistance provided by the United States and other ways to obtain economic sources. Because of its numerous sources of income, here, we will focus only on the information industry, national defense industry and agricultural income.
1. Information industry is the pillar industry of Israel's national economy:
Israel is the region with the highest concentration of high technology and the highest entrepreneurial density in the world except Silicon Valley in the United States. The number of emerging companies ranks second in the world after the United States, with high-tech exports accounting for 7% of all export revenue and electronic products accounting for 4% of all industrial exports. Its software industry has become a major force in the international software industry.
2. National defense industry:
Israel, with a small land area, has been fighting for years, so the Israeli government attaches great importance to the development of military enterprises. In the field of military industry, Israel's weapons and equipment are mostly at the international advanced level, so today Israel has become a global arms export giant, and its missile systems and guns are often exported to developing countries in need, with India, one of the largest buyers of arms in the world, as its main customers.
3. Agricultural income:
Israel is a country that has completely realized scientific irrigation in the Middle East, and it is located at the edge of the desert zone and is seriously short of water resources. The severe water shortage has made Israel form a unique drip irrigation water-saving technology in agriculture, making full use of the existing water resources, and the Israelis have turned their vast deserts into oases by using their superb wisdom, so that farmers, who account for less than 5% of the country's total population, not only feed their own people, but also export a large number of agricultural and sideline products such as high-quality fruits, vegetables and flowers, thus increasing the source of foreign exchange income for their country.
in addition to the above-mentioned income sources, Israel has formed its own unique development model in tourism, dairy products, education and foreign investment, which have brought considerable income to Israel.