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 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

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).

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 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 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.

In the academic year of 2021/2022, the average monthly wage of teaching staff in universities in Israel amounted to about 12,800 Israeli shekels, some 3,400 U.S dollars. Budgeted academic institutions followed with a monthly wage of 8,900 Israeli shekels, around 2,350 U.S. dollars. Lastly, unbudgeted academic institutions provided an average salary of 8,600 Israeli shekels, 2,300 U.S. dollars.

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.

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 9,100 Israeli shekels (about 2,430 U.S. dollars). This represented a decrease of about 2.8 percent in comparison to the previous year. Between 2013 and 2023 the compound annual growth rate (CAGR) of salaries was about 2.5 percent.

In December 2024, the average monthly wage in the construction industry in Israel amounted to about 13,200 Israeli shekels, around 3,600 U.S. dollars. This was a rise compared to the previous month and a new peak overall. The average monthly salary in this industry fluctuated during the observed period.

In December 2024, the average monthly wage in the manufacturing sector in Israel amounted to about 20,400 Israeli shekels, roughly 5,500 U.S. dollars. This was an increase compared to the previous month. Overall, the average monthly salary in this sector increased during the observed period, with fluctuations.

Pendapatan Rumah Tangga per Kapita Israel dilaporkan sebesar 24,647.808 USD pada 2022. Rekor ini naik dibanding sebelumnya yaitu 23,048.844 USD untuk 2021. Data Pendapatan Rumah Tangga per Kapita Israel diperbarui tahunan, dengan rata-rata 15,765.410 USD dari 2005 sampai 2022, dengan 18 observasi. Data ini mencapai angka tertinggi sebesar 24,647.808 USD pada 2022 dan rekor terendah sebesar 9,378.883 USD pada 2005. Data Pendapatan Rumah Tangga per Kapita Israel tetap berstatus aktif di CEIC dan dilaporkan oleh CEIC Data. Data dikategorikan dalam Global Economic Monitor World Trend Plus – Table: Annual Household Income Per Capita: USD.

Graph and download economic data for Current Account Balance: Total Income for Israel (DISCONTINUED) (BPBLIN01ILA637S) from 1995 to 2014 about Israel, current account, BOP, and income.

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).

Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Corporate data was reported at 94.800 USD bn in 2017. This records an increase from the previous number of 78.200 USD bn for 2016. Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Corporate data is updated yearly, averaging 27.178 USD bn from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 94.800 USD bn in 2017 and a record low of 2.549 USD bn in 2000. Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Corporate data remains active status in CEIC and is reported by Tel Aviv Stock Exchange. The data is categorized under Global Database’s Israel – Table IL.Z003: Tel Aviv Stock Exchange: Market Capitalization.

Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Government data was reported at 141.900 USD bn in 2017. This records an increase from the previous number of 129.700 USD bn for 2016. Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Government data is updated yearly, averaging 67.000 USD bn from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 141.900 USD bn in 2017 and a record low of 34.700 USD bn in 1998. Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Government data remains active status in CEIC and is reported by Tel Aviv Stock Exchange. The data is categorized under Global Database’s Israel – Table IL.Z003: Tel Aviv Stock Exchange: Market Capitalization.

In December 2024, the average monthly wage in the real estate industry in Israel amounted to over 16,500 Israeli shekels, roughly 4,500 U.S. dollars. This was an increase compared to the previous month. The average monthly salary in this sector trended positively during the observed period, peaking in March 2024.

Israel IL: BoP: Current Account: Primary Income: Compensation of Employees: Credit data was reported at 991.200 USD mn in 2017. This records an increase from the previous number of 963.400 USD mn for 2016. Israel IL: BoP: Current Account: Primary Income: Compensation of Employees: Credit data is updated yearly, averaging 120.200 USD mn from Dec 1952 (Median) to 2017, with 63 observations. The data reached an all-time high of 991.200 USD mn in 2017 and a record low of 0.000 USD mn in 1958. Israel IL: BoP: Current Account: Primary Income: Compensation of Employees: Credit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Israel – Table IL.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

In 2023, the average monthly wage of a foreign agricultural worker in Israel reached over 7,070 Israeli shekels (approximately 1,890 U.S. dollars). This represented an increase of about three percent compared to the previous year. Over the observed period, the average monthly salary of foreign farmworkers grew consistently.