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

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 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.

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 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.

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.

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.

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 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 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.

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.

In 2023, personal remittances, paid for Israel was 6,356 million US dollars. Personal remittances, paid of Israel increased from 9 million US dollars in 1974 to 6,356 million US dollars in 2023 growing at an average annual rate of 34.68%. Workers' remittances and compensation of employees received are current transfers by migrant workers and wages and salaries of nonresident workers. Data are in current U.S. dollars.

In 2023, government spending on education in Israel reached almost 122 billion Israeli shekels, some 33.6 billion U.S. dollars. This was a relatively significant increase compared to the previous year. Between 2019 and 2020, national spending on education stagnated, likely due to the effects of the coronavirus pandemic. Despite the centrality of the education sector in Israel, worker dissatisfaction often led to strikes by teachers' organizations in an effort to improve wages and working conditions.  The importance of the education sector As of 2023, the education sector was the largest employer in the country. Almost 546,000 people worked in the education in Israel. Teachers in primary schools constitute the largest group of educators, nearing 100,000 working in elementary schools. Moreover, education is an important issue in the Israeli society, especially investment in secondary and higher education. According to projections, the total consumer spending on education will rise to over 8.15 billion U.S. dollars in 2026.  Demand for improved terms of employment  There is a broad consensus regarding the importance of education in Israel. However, teachers' organizations in Israel have been protesting for several years about their terms of employment, and on wages in particular. As of December 2024, the average monthly salary in the education sector amounted to about 9,800 Israeli shekels, roughly 2,700 U.S. Within the education industry, universities paid the highest level of compensation to teachers, averaging about 12,800 Israeli shekels, some 3,550 U.S dollars during the 2021/22 academic year.

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).

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.

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.

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.

In December 2024, the average monthly wage in the information and communication industry (ICT) in Israel amounted to 34,800 Israeli shekels, roughly 9,400 U.S. dollars. This was a 20 percent increase from the previous month. The average monthly salary in this sector fluctuated during the observed period, peaking in March 2024.

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).