Yossi Schwartz ISL (RCIT section in Israel/Occupied Palestine) 23.04.2026
The wars of the Zionist monster over the past three years have cost Israel a fortune. The war in Iran alone until March cost 1.8 billion a day, according to the Governor of the Bank of Israel. This will cost the citizens of Israel who are not wealthy at the level of their standard of living .
As early as September 2024, the economic newspaper maker wrote, “the heavy expenses of the war, which has been going on for almost a year, have begun to make their mark in the economy as well. According to recent data published by the Central Bureau of Statistics, the Consumer Price Index (CPI) rose last month at an exceptional rate of close to 1%, economic growth has stalled, investments in high-tech are in decline, home prices continue to soar, exports are falling, interest rates in Israel are among the highest in Western countries, and thousands of businesses of evacuees and conscripts have run into difficulties.
The significance of all these figures is a further increase in the cost of living, an increase in VAT and other indirect taxes, and a long list of economic decrees that will harm wages, allowances, government services, and the standard of living of most. The direct expenses of the war in armaments, manpower, logistics, and reserve duty have so far amounted to more than $100 billion. And it is not over yet. To these huge sums must be added tens and perhaps hundreds of billions that will be needed to rehabilitate the communities in the north and the surrounding communities in the south, rehabilitate businesses that have collapsed, rebuild the army and renew the emergency depots that have been emptied, and increase investments in economic infrastructure.”[i]
The International Monetary Fund (IMF) has published the situation of various countries in the world, not according to the GDP but in terms of purchasing power (PPP). The purchasing power parity index adjusts each country’s GDP to the cost-of-living gaps, and is therefore different from the nominal output index. While in nominal terms the United States is still the largest economy in the world, according to the PPP, China has held the top spot since 2014. This is a very inaccurate metric, since it does not mean that everyone receives the same level of purchase. An examination of GDP per capita reveals that the middle class in Western countries, including Israel, has significantly higher personal purchasing power than the same class in China or Russia. Still, it reflects the state of the countries in the global economy.
According to these figures, Asia holds 49% of the global economy and has become the center of international trade and production. At the top of the list is China, with a GDP of $43.49 trillion in PPP terms, ahead of the United States with $31.82 trillion and India with $19.14 trillion. They are followed by Russia with $7.34 trillion, Japan with $6.92 trillion, and Germany with $6.32 trillion.
The combination of a huge population, low costs of living for the working class, and competitive production capacity strengthens Asia’s position as the center of the global economy.
The PPP exposes the economic crisis of Western imperialism. According to the data, Russia surpasses the rest of the European economies and ranks as the largest economy on the continent with $7.34 trillion. Germany with $6.32 trillion, France at $4.66 trillion, Britain with $4.59 trillion, Italy with $3.82 trillion, and Spain with $2.94 trillion.
The index also reflects the fact that the working class is now concentrated in the Global South.
Outside of Eurasia, Brazil, with $5.16 trillion, and Mexico, with $3.55 trillion surpassed Canada, which stands at $2.81 trillion. In Africa, where the continent’s share of the global economy is only about 6%, Egypt with $2.53 trillion, Nigeria with $2.39 trillion, and South Africa with $1.06 trillion.
In the Middle East Turkey is ranked 11th with $3.98 trillion, Saudi Arabia is in 16th place with $2.85 trillion, Iran is in 24th place with $1.93 trillion, and the United Arab Emirates is in 34th place with $1 trillion. Israel ranks 51st with a GDP of $600.5 billion in PPP terms.[ii]
The International Monetary Fund (IMF) has cut its growth forecasts for countries across the Middle East due to the disruptions resulting from the war in Iran. In addition, it warned that an ongoing conflict could put additional pressure on the region’s economies.
There will be Liberal Zionist that blame Netanyahu for the economic crisis of Israel, but they ignore the fact that all the Zionist opposition parties support the war. Many other Israelis in growing number will simply escape the sinking boat. The war on Iran is the beginning of the end of Israel.
Endnotes:
[i] https://www.mako.co.il/finances-news/Article-567f40bf0400291027.htm
[ii] IMF, World Economic Outlook (April 2026)