Geopolitical Risk — Israel

## What this measures

This index measures the share of articles in ten major newspapers that mention both geopolitical risk (war, military buildups, nuclear threats, terrorism) and Israel. It captures media attention to geopolitical events and threats involving Israel as a fraction of all articles published.

## Background

Country GPR: share of articles mentioning geopolitical risk and Israel.

The Geopolitical Risk index counts articles about adverse geopolitical events and threats (war, military buildups, nuclear threats, terrorism) as a share of all articles in ten major newspapers, via automated text search. 100 is the 1985–2019 average. Threats and acts are separate sub-indexes; the eight categories are each category's share of all articles, in percent; the country indexes count articles that mention both geopolitical risk and that country.

Source: Caldara, Dario and Matteo Iacoviello (2022), "Measuring Geopolitical Risk," American Economic Review 112(4), 1194–1225. Data: matteoiacoviello.com/gpr.htm, CC BY 4.0. Synced daily by /api/cron/gpr-sync.

## Why it matters

Heightened geopolitical risk around Israel can disrupt supply chains, energy markets and regional trade, particularly for organizations with Middle Eastern operations or exposure to oil price swings. Media coverage of Israeli geopolitical risk often precedes or accompanies broader shifts in investor sentiment, defense spending and diplomatic activity that affect planning horizons and risk assessments.

## How to read it

A rising share means a larger fraction of articles are discussing geopolitical risk in connection with Israel, signaling intensified media focus on threats or adverse events. Compare levels across time to gauge whether Israeli geopolitical concerns are occupying more or less of the news cycle relative to other topics.

## What it does not say

This index reflects the volume of newspaper coverage, not the severity of underlying events, public opinion or the actual likelihood of conflict. It does not distinguish between imminent threats and long-running tensions.

## Source

Caldara and Iacoviello, published in the American Economic Review, maintain the Geopolitical Risk index using automated text search of ten major newspapers. Palanor downloads the data files daily under a CC BY 4.0 license.