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.

Wages in Israel increased to 13874.90 ILS/Month in April from 13847.70 ILS/Month in March of 2025. This dataset provides - Israel Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2021, the average income of households among Israel's highest one percent of earners, reached *** million Israeli shekels, about *** 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 ** percent between 2013 and 2021.

Key information about Israel Monthly Earnings

• Israel Monthly Earnings stood at 3,671 USD in Nov 2024, compared with the previous figure of 3,652 USD in Oct 2024
• Israel Monthly Earnings data is updated monthly, available from Jan 2005 to Nov 2024, with an average number of 2,543 USD
• The data reached the an all-time high of 3,774 USD in Jan 2022 and a record low of 1,575 USD in Nov 2005

CEIC converts Monthly Earnings into USD. The Central Bureau of Statistics provides Average Monthly Wages per Employee Job in local currency. The Bank of Israel average market exchange rate is used for currency conversions. The Central Bureau of Statistics calculates Average Monthly Wages per employee job rather than per employee. Per employee job is the number of jobs of workers (permanent and temporary) who worked for at least one day during the surveyed month (or were on paid leave) and are on the payroll of establishments or institutions. Average Monthly Wages per employee job is lower than the Average Monthly Wages per employee. Monthly Earnings prior to January 2012 are based on ISIC Rev. 3.


Further information about Israel Monthly Earnings

• In the latest reports, Israel Population reached 10 million people in Dec 2024
• Unemployment Rate of Israel dropped to 3 % in Dec 2024
• The country's Labour Force Participation Rate increased to 63 % in Dec 2024

Israel Household Size: Average data was reported at 3.270 Person in 2016. This records a decrease from the previous number of 3.280 Person for 2015. Israel Household Size: Average data is updated yearly, averaging 3.320 Person from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 3.360 Person in 2003 and a record low of 3.270 Person in 2016. Israel Household Size: Average 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 2023, the annual average monthly price-adjusted wage of a worker in Israel reached almost ****** Israeli shekels (around ***** U.S. dollars). This represented an almost ** percent increase in wages since 2018. Over the last two decades, salaries in Israel have consistently increased, even when adjusted for inflation.

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 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.

In 2022, nearly 14 percent of people in Israel who earned 2,000 Israeli shekels or less per month reported having no contact with friends. This was the group with the highest proportion of this feeling when broken down by average gross monthly household income in Israeli shekels. This was followed by those with an average income between 2,001 and 4,000 Israeli shekels, with just over eight percent reporting the same feeling during the survey year. The group with the lowest rate was those with a monthly income of more than 4,000 Israeli shekels, at four percent.

Israel IL: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 19.500 % in 2021. This records a decrease from the previous number of 20.200 % for 2020. Israel IL: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 20.700 % from Dec 1979 (Median) to 2021, with 25 observations. The data reached an all-time high of 23.500 % in 2009 and a record low of 13.700 % in 1992. Israel IL: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Israel – Table IL.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Israel: Income from natural resources, percent of GDP: The latest value from 2021 is 0.44 percent, an increase from 0.27 percent in 2020. In comparison, the world average is 6.83 percent, based on data from 186 countries. Historically, the average for Israel from 1995 to 2021 is 0.15 percent. The minimum value, 0 percent, was reached in 1995 while the maximum of 0.44 percent was recorded in 2021.

Israel GDP: Disposable Income: Net data was reported at 1,698,944.713 ILS mn in 2024. This records an increase from the previous number of 1,610,748.492 ILS mn for 2023. Israel GDP: Disposable Income: Net data is updated yearly, averaging 741,220.634 ILS mn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 1,698,944.713 ILS mn in 2024 and a record low of 278,925.925 ILS mn in 1995. Israel GDP: Disposable Income: Net 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.A044: SNA 2008: GDP: National Income and Saving: Annual.

I 2024, the average monthly wage of workers in the technology industry in Israel was almost 31,860 Israeli shekels (about 8,630 U.S. dollars). This was about 2.8 times the average monthly salary in the rest of the economy, which stood at 11,480 Israeli shekels (about 3,110 U.S. dollars).

Explore the progression of average salaries for graduates in Israel Studies from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Israel Studies relative to other fields. This data is essential for students assessing the return on investment of their education in Israel Studies, providing a clear picture of financial prospects post-graduation.

In December 2024, the average monthly wage in the education sector in Israel amounted to over 9,800 Israeli shekels, roughly 2,600 U.S. dollars. This was a decrease compared to the previous month, which stood at 10,050 Israeli shekels. The average monthly salary in this sector overall trended negatively during the observed period.

In 2023, the average monthly wage of a foreign construction worker in Israel was almost ***** Israeli shekels (about ***** U.S. dollars). This represented a decrease of about *** percent in comparison to the previous year. Between 2013 and 2023 the compound annual growth rate (CAGR) of salaries was about *** percent.

The Average Salary chart presents a clear visualization of the salary progression for graduates from Ner Israel Rabbinical College from 2020 to 2023, illustrating the yearly average salary trends. Additionally, the chart compares these figures with the overall average salary trends of graduates from all schools, providing a comprehensive view of how Ner Israel Rabbinical College’s graduates stand in terms of earning potential relative to their peers nationwide. This data is crucial for prospective students assessing the ROI of their education at Ner Israel Rabbinical College.

Israel Monthly Consumption Expenditure: Per Household data was reported at 15,805.000 ILS in 2016. This records an increase from the previous number of 15,407.000 ILS for 2015. Israel Monthly Consumption Expenditure: Per Household data is updated yearly, averaging 12,342.000 ILS from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 15,805.000 ILS in 2016 and a record low of 9,747.000 ILS in 2000. Israel Monthly Consumption Expenditure: 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.

The Gross Domestic Product per capita in Israel was last recorded at 41845.17 US dollars in 2024. The GDP per Capita in Israel is equivalent to 331 percent of the world's average. This dataset provides - Israel GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.