Israel's Per Capita Gross Domestic Product Estimated At 16,000 For 1998.

Reversing years of continuous increases, Israel's estimated 1998 per capita gross domestic product (GDP) is expected to fall to its lowest level since 1995. The 1998 estimated GDP of $16,000 is a drop of just under 6 percent from a 1997 high of $17,000. Israel had been growing in past years at a level that allowed the country to increase its living standard and its GDP to a level just under that of Great Britain. Developed countries all have a GDP of at least $16,000 and Norway, which has the largest GDP, has $53,000. The United States has a GDP of $30,275. Israel economically wil