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.

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 ****** Israeli shekels (roughly ***** 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 ****** Israeli shekels (just over ***** U.S. dollars).

In February 2023, the average monthly wage in the human health sector in Israel amounted to ***** Israeli shekels (roughly ***** 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 ***** Israeli shekels.

As of May 2023, the average wage for employees in high-tech scientific research and development (R&D) in Israel was 31,571 Israeli shekels, (about 8,520 U.S. dollars). This was a slight increase of nearly three percent 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 28,309 Israeli shekels (around 7,640 U.S dollars).

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.

In the academic year of 2021/2022, the average monthly wage of teaching staff in universities in Israel amounted to about ****** Israeli shekels, some ***** U.S dollars. Budgeted academic institutions followed with a monthly wage of ***** Israeli shekels, around ***** U.S. dollars. Lastly, unbudgeted academic institutions provided an average salary of ***** Israeli shekels, ***** U.S. dollars.

In December 2024, the average monthly wage in the manufacturing sector in Israel amounted to about ****** Israeli shekels, roughly ***** 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.

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.

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 IL: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 37,270.000 USD in 2017. This records an increase from the previous number of 36,250.000 USD for 2016. Israel IL: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 11,520.000 USD from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 37,270.000 USD in 2017 and a record low of 1,310.000 USD in 1964. Israel IL: GDP: USD: Gross National Income per Capita: Atlas Method 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: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

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.

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.

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 ****** Israeli shekels, roughly ***** 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: Secondary Income: Debit data was reported at 3.724 USD bn in 2017. This records an increase from the previous number of 2.974 USD bn for 2016. Israel IL: BoP: Current Account: Secondary Income: Debit data is updated yearly, averaging 202.600 USD mn from Dec 1952 (Median) to 2017, with 66 observations. The data reached an all-time high of 3.724 USD bn in 2017 and a record low of 0.000 USD mn in 1964. Israel IL: BoP: Current Account: Secondary Income: Debit 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: Analytical Presentation: Annual.

In December 2024, the average monthly wage in the construction industry in Israel amounted to about ****** Israeli shekels, around ***** 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.

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).