Economic Impacts and Consequences of the Israel War

The economic effects of the 12-day war between Israel and Iran are beginning to surface.
The cost of the war is estimated to reach 10 billion dollars. Treasury officials expect the budget deficit to reach at least 6% of GDP, signaling alarm bells for the national economy.
In airstrikes, 29 people lost their lives, and over 3,000 were injured. The cost of air defense systems is staggering, with the Arrow 3 missile system costing 4 million dollars per shot.

Infrastructure damages are also significant. With strategic facilities in Tel Aviv suffering damage, the total damage is estimated to reach 1.5 billion dollars.
The impacts of the war are not limited to military spending. The tourism sector has also suffered greatly, with 60,000 businesses at risk of closure.
Economic analysts predict that the total cost of wars experienced in the last 20 months may exceed 80 billion dollars. This poses a serious threat to the Israeli economy.