Israel's economy rebounds with 4% growth, but Gaza's collapse deepens

Three years after the October 7, 2023 attacks, Israel's economy has recovered. After a brief decline, the country's GDP is expected to grow by 4 percent this year. Israel's tech sector, especially defense startups, has driven this growth. However, demographic challenges lie ahead. In contrast, the war in Gaza has devastated the Palestinian enclave's economy. GDP per capita there has fallen by 83 percent. Reconstruction has not yet begun.