Statement:
Israel has lower GDP than Luxembourg

In the Richest countries rating Israel holds position #22 2020 out of 191 and Luxembourg is #2 out of 191 2020.
Position of Israel is worse than position of Luxembourg.

Referencies:

  1. Richest countries 2020 by World Bank
    The countries in the rating sorted by 'GDP per capita (current US$)' in descending order.
    Israel 'GDP per capita (current US$)' value is 44,177.57
    Luxembourg 'GDP per capita (current US$)' value is 116,356.16