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.

As of May 2023, the average wage for employees in high-tech information service activities in Israel was 26,309 Israeli shekels, (about 7,100 U.S. dollars). This was a slight 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, with an overall slight increase when compared with the base in January 2022, when the average wage was 21,996 Israeli shekels (just over 5,930 U.S dollars).

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 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.

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.

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 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 Avg Monthly Wages per Employee Job: Construction data was reported at 9,831.140 ILS in Aug 2018. This records a decrease from the previous number of 9,872.916 ILS for Jul 2018. Israel Avg Monthly Wages per Employee Job: Construction data is updated monthly, averaging 8,742.547 ILS from Jan 2012 (Median) to Aug 2018, with 80 observations. The data reached an all-time high of 9,996.005 ILS in Mar 2018 and a record low of 8,025.000 ILS in Feb 2012. Israel Avg Monthly Wages per Employee Job: Construction 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 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).

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.

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 Wage Index: Information and Communication data was reported at 162.192 2011=100 in Aug 2018. This records a decrease from the previous number of 184.606 2011=100 for Jul 2018. Israel Wage Index: Information and Communication data is updated monthly, averaging 125.260 2011=100 from Jan 2012 (Median) to Aug 2018, with 80 observations. The data reached an all-time high of 184.606 2011=100 in Jul 2018 and a record low of 99.925 2011=100 in May 2012. Israel Wage Index: Information and Communication 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.G038: Wage Index.

Israel IL: Price to Income Ratio: sa data was reported at 104.557 2015=100 in 2016. This records an increase from the previous number of 100.000 2015=100 for 2015. Israel IL: Price to Income Ratio: sa data is updated yearly, averaging 91.707 2015=100 from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 109.854 2015=100 in 1997 and a record low of 70.441 2015=100 in 2007. Israel IL: Price to Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database.

In February 2023, the average monthly wage in the construction sector in Israel amounted to 11,963 Israeli shekels (around 3,200 U.S. dollars). This was a slight rise compared to the previous month. The average monthly salary in this industry fluctuated during the observed period, while it peaked in December 2022.

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.

Graph and download economic data for Current Account Credit: Total Income for Israel (DISCONTINUED) (BPCRIN01ILA637N) from 1980 to 2014 about Israel, current account, BOP, credits, and income.

State of Palestine (West Bank and Gaza) Average Daily Wage: Gaza Strip: Israel & Settlements data was reported at 122.200 ILS in 2004. This records an increase from the previous number of 106.600 ILS for 2003. State of Palestine (West Bank and Gaza) Average Daily Wage: Gaza Strip: Israel & Settlements data is updated yearly, averaging 106.600 ILS from Dec 2000 (Median) to 2004, with 5 observations. The data reached an all-time high of 122.200 ILS in 2004 and a record low of 63.200 ILS in 2001. State of Palestine (West Bank and Gaza) Average Daily Wage: Gaza Strip: Israel & Settlements data remains active status in CEIC and is reported by Palestinian Central Bureau of Statistics. The data is categorized under Global Database’s State of Palestine (West Bank and Gaza) – Table PS.G011: Average Daily Wage: by Sector.

In March 2022, the average monthly wage in the information and communication sector in Israel amounted to 29,872 Israeli shekels (roughly eight thousand U.S. dollars). This was a minor increase from the previous month. The average monthly salary in this sector fluctuated during the observed period, while it peaked in January 2023. The average salary in this sector overall increased.

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.