This is unbelievable that a country the size of a town in UK can achieve such incredible successes in the economic world.

According to OECD figures, Israel spends more money on research and development as a proportion of its economy than any other country in the world -- 4.25% of GDP against second-placed Korea's 4.23%.

CAN THE TECHNICAL WORLD DO WITHOUT ISRAEL? ABSOLUTELY NOT

.What do the following have in common: the USB flash drive, the first Intel PC processor and Google’s Suggest function, which automatically completes the search box text.

All three were invented in Israel.

And they are just the tip of the iceberg when it comes to Israel’s tech prowess.

Despite being smaller than the US state of New Jersey with fewer people, Israel punches well above its weight on the global tech stage.

Israel has about 4000 startups, and raises venture capital per capita at two-and-a-half times the rate of the US and 30 times that of Europe.

Here are five charts that help to explain Israel’s success.

ISRAELI ECONOMY CONTINUE TO BOOM!!!

Ford Motors sign a Multi Million Dollar deal with Israel to develop vehicle technologies.

Senior executives from Ford Motor Company are currently touring Israel, seeking out start-ups that might be able to contribute to the firm’s connected-vehicle technology system.

Israeli robotics company receives funding from Toyota Research Institute.

Israel exports booming through the sale of weaponry. The Iron Dome earns billions of dollars for Israel. The joke now is Israel will be lending money to the US !!!!

Israel company Fundbox developed a platform that enables small and medium businesses to receive immediate payment for any outstanding invoices that haven't been paid

DOZENS OF ISRAELIS RECEIVE INITIAL APPROVAL FOR MEDICAL CANNABIS FARMS

Israel leads the way in Cannabis medical development: The Israeli company Panaxia already launched a production facility in Bernalillo, now it will offer smokeless proprietary cannabinoids in New Mexico.