Israeli economy lost over $57B during 2 years of Gaza war: Central bank

Israel’s economy suffered losses exceeding $57 billion during two years of conflict in Gaza, according to a report cited by Bloomberg on Monday, Anadolu reports. Data published in the 2025 annual report of the Bank of Israel showed that the country lost 177 billion shekels (around $57 billion), equivalent to 8.6% of its annual gross domestic product (GDP), between 2023 and 2025. The losses were largely attributed to the war in Gaza, which also includes the cost of Israeli attacks in Lebanon. The report does not include the economic impact of the ongoing conflict involving Iran, which has entered its fourth week, with Israel carrying out airstrikes and facing retaliatory attacks. Earlier this month, the Israeli Cabinet approved a revised […]