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 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.

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.

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.

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.

The Gross Domestic Product per capita in Israel was last recorded at 48356.09 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Israel, when adjusted by Purchasing Power Parity is equivalent to 272 percent of the world's average. This dataset provides - Israel GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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).

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.

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: 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.

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 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.

Graph and download economic data for Current Account Debit: Total Income for Israel (DISCONTINUED) (BPDBIN01ILA637S) from 1995 to 2014 about debit, Israel, current account, BOP, and income.

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.

Graph and download economic data for Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Israel (ISRHOUREAAISMEI) from 1995 to 2023 about Israel, earnings, hours, and manufacturing.

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.

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.

Graph and download economic data for Labor Compensation: Earnings: Manufacturing: Hourly for Israel (LCEAMN01ILA189N) from 1995 to 2022 about Israel, compensation, earnings, hours, and manufacturing.

The Gross Domestic Product (GDP) in Israel was worth 513.61 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Israel represents 0.49 percent of the world economy. This dataset provides - Israel GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.