Israel economy loses $57 billion from Gaza, Lebanon wars, central bank says

The central bank of Israel has reported that the country’s economy suffered losses exceeding $57 billion due to nearly two years of military conflicts, primarily in the Gaza Strip and operations linked to Lebanon.

According to Bloomberg, the economic damage from 2023 to 2025 is estimated at 8.6 percent of GDP, reflecting the heavy financial burden of prolonged military campaigns and security operations.

The report also highlights shifts in trade patterns, with Israeli exports...