In July 2024, the average monthly wage in Israel amounted to 13,591 Israeli shekels (roughly 3,650 U.S. dollars). This reflected a decline compared to the previous month. Overall, average monthly salaries increased during the observed period, peaking in March 2024 at a value of approximately 14,000 Israeli shekels.

Key information about Israel Household Income per Capita

• Israel Annual Household Income per Capita reached 24,647.808 USD in Dec 2022, compared with the previous value of 23,048.844 USD in Dec 2021.
• Israel Annual Household Income per Capita data is updated yearly, available from Dec 2005 to Dec 2022, with an averaged value of 15,765.410 USD.
• The data reached an all-time high of 24,647.808 USD in Dec 2022 and a record low of 9,378.883 USD in Dec 2005.
• In the latest reports, Retail Sales of Israel grew 4.326 % YoY in Apr 2024.

CEIC calculates Annual Household Income per Capita from Monthly Household Income multiplied by 12, and Average Household Size. CEIC converts Annual Household Income per Capita into USD. Central Bureau of Statistics provides Household Income in local currency, and Average Household Size. Bank of Israel average market exchange rate is used for currency conversions.

In 2021, the average income of households among Israel's highest one percent of earners, reached 4.7 million Israeli shekels, about 1.2 million U.S. dollars. Moreover, incomes peaked in 2017, due to a one-time tax incentive introduced by the government to release "trapped" capital gains tax. Overall, the average income of wealthy families in the country increased by 62 percent between 2013 and 2021.

As of 2022, the average monthly wage of tech workers in Israel reached 27,860 Israeli shekels (about 7,640 U.S. dollars). This value was about 2.7 times higher than that of the rest of the economy, where salaries averaged at 10,417 Israeli shekels (about 2,860 U.S. dollars). Between 2011 and 2022, the average salary grew at an average compound rate (CAGR) of 4.68 percent. In comparison, other workers' incomes grew by only 2.57 percent CAGR.

As of May 2023, the average wage for employees in high-tech manufacturing of computers, electronic and optical products in Israel was 25,635 Israeli shekels (roughly 6,900 U.S. dollars). This was a significant decrease compared to the previous month, April of the same year. The average wage of employees in this high-tech field in the country fluctuated during the period under review, overall remaining stable at an average of roughly 26,300 Israeli shekels (just over 7,000 U.S. dollars).

Israel Avg Monthly Wages per Employee Job: Agriculture, Forestry and Fishing data was reported at 7,074.623 ILS in Aug 2018. This records a decrease from the previous number of 7,340.232 ILS for Jul 2018. Israel Avg Monthly Wages per Employee Job: Agriculture, Forestry and Fishing data is updated monthly, averaging 6,536.251 ILS from Jan 2012 (Median) to Aug 2018, with 80 observations. The data reached an all-time high of 7,553.610 ILS in Dec 2017 and a record low of 5,699.000 ILS in Feb 2012. Israel Avg Monthly Wages per Employee Job: Agriculture, Forestry and Fishing data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.G034: Average Monthly Wages per Employee Job: Current Price.

In February 2023, the average monthly wage in the human health sector in Israel amounted to 8,667 Israeli shekels (roughly 2,300 U.S. dollars). This was a slight decrease compared to the previous month. Overall, the average monthly salary in this sector increased during the observed period, with slight fluctuations. In August 2022 the average salary in this sector reached 9,717 Israeli shekels.

Israel Gross Monthly Income: Per Household data was reported at 19,118.000 ILS in 2016. This records an increase from the previous number of 18,671.000 ILS for 2015. Israel Gross Monthly Income: Per Household data is updated yearly, averaging 14,507.000 ILS from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 19,118.000 ILS in 2016 and a record low of 11,680.000 ILS in 2005. Israel Gross Monthly Income: Per Household data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.H010: Household Income and Expenditure.

In February 2023, the average monthly wage in the real estate services sector in Israel amounted to over 13,421 Israeli shekels (roughly 3,600 U.S. dollars). This was a slight decrease compared to the previous month. The average monthly salary in this sector fluctuated during the observed period, peaking in March 2022. The average salary in this sector overall increased during these months.

Israel Wage Index data was reported at 218.494 2011=100 in Dec 2024. This records an increase from the previous number of 196.818 2011=100 for Nov 2024. Israel Wage Index data is updated monthly, averaging 140.864 2011=100 from Jan 2012 (Median) to Dec 2024, with 156 observations. The data reached an all-time high of 218.494 2011=100 in Dec 2024 and a record low of 101.617 2011=100 in Feb 2012. Israel Wage Index data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.G036: Wage Index.

In February 2023, the average monthly wage in the education sector in Israel amounted to over 8,925 Israeli shekels (roughly 2,400 U.S. dollars). This was a significant decrease compared to the previous month, which stood at 10,077 Israeli shekels. The average monthly salary in this sector fluctuated during the observed period, overall increasing.

Israel Avg Monthly Wages per Employee Job: sa: Mining and Quarrying data was reported at 26,261.241 ILS in Apr 2018. This records an increase from the previous number of 21,105.358 ILS for Mar 2018. Israel Avg Monthly Wages per Employee Job: sa: Mining and Quarrying data is updated monthly, averaging 24,496.002 ILS from Jan 2012 (Median) to Apr 2018, with 76 observations. The data reached an all-time high of 30,937.129 ILS in Apr 2017 and a record low of 20,433.700 ILS in Mar 2015. Israel Avg Monthly Wages per Employee Job: sa: Mining and Quarrying data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.G034: Average Monthly Wages per Employee Job: Current Price.

Los salarios en Israel disminuyeron a 13651.30 ILS/mes en noviembre desde 13699.12 ILS/mes en octubre de 2024. Los valores actuales, los datos históricos, las previsiones, estadísticas, gráficas y calendario económico - Israel - Salarios.

In 2023, the annual average monthly price-adjusted wage of a worker in Israel reached almost 12,500 Israeli shekels (around 3,333 U.S. dollars). This represented an almost 23 percent increase in wages since 2018. Over the last two decades, salaries in Israel have consistently increased, even when adjusted for inflation.

Israel Total Wages: Avg: Local, Public and Defense Administration and Social Security data was reported at 2,239.762 ILS mn in Aug 2018. This records a decrease from the previous number of 2,245.636 ILS mn for Jul 2018. Israel Total Wages: Avg: Local, Public and Defense Administration and Social Security data is updated monthly, averaging 1,865.159 ILS mn from Jan 2012 (Median) to Aug 2018, with 80 observations. The data reached an all-time high of 2,629.406 ILS mn in Jun 2018 and a record low of 1,567.519 ILS mn in Mar 2012. Israel Total Wages: Avg: Local, Public and Defense Administration and Social Security data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.G033: Total Wages.

In February 2023, the average monthly wage in the manufacturing sector in Israel amounted to 17,259 Israeli shekels (roughly 4,600 U.S. dollars). This was a minor rise compared to the previous month. Overall, the average monthly salary in this sector increased slightly during the observed period, with minimal fluctuations.

The Gross Domestic Product (GDP) in Israel expanded 5.46 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - Israel GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Israel Total Wages: Avg: Real Estate Activities data was reported at 322.038 ILS mn in Aug 2018. This records a decrease from the previous number of 336.084 ILS mn for Jul 2018. Israel Total Wages: Avg: Real Estate Activities data is updated monthly, averaging 269.846 ILS mn from Jan 2012 (Median) to Aug 2018, with 80 observations. The data reached an all-time high of 384.838 ILS mn in Mar 2018 and a record low of 221.234 ILS mn in Feb 2013. Israel Total Wages: Avg: Real Estate Activities data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.G033: Total Wages.

In the academic year of 2019/2020, the average monthly wage of teaching staff in universities in Israel amounted to nearly 11.3 thousand Israeli shekels (roughly 3.3 thousand U.S dollars). Universities paid the highest compensation for their teaching staff among the higher education institutions in the country that year. Budgeted academic institutions followed with an average monthly wage of 8.6 thousand Israeli shekels (around 2.5 thousand U.S. dollars), while unbudgeted academic institutions provided an average salary of 8.2 thousand Israeli shekels (approximately 2.4 thousand U.S. dollars).

Key information about Israel GDP Per Capita

• Israel Gross Domestic Product (GDP) per Capita reached 54,191.462 USD in Dec 2024, compared with 51,750.494 USD in Dec 2023.
• Israel GDP Per Capita data is updated yearly, available from Dec 1995 to Dec 2024, with an average number of 30,250.165 USD.
• The data reached an all-time high of 54,396.600 USD in Dec 2022 and a record low of 18,638.043 in Dec 2002.
• CEIC converts annual GDP per Capita into USD. The Central Bureau of Statistics provides GDP per Capita in local currency. The Bank of Israel average market exchange rate is used for currency conversions.

Related information about Israel GDP Per Capita data

• In the latest reports, Israel GDP expanded 4.141 % YoY in Mar 2023.
• Israel Nominal GDP reached 126.952 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 4.369 % in Mar 2023.
• Gross Savings Rate of Israel was measured at 27.169 % in Dec 2024.